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Jordan Journal of Islamic Studies

Jordan Journal of Islamic Studies

Abstract

The study aimed at clarifying the requirements for improving the independence of Shari'a supervision over Islamic banks in Jordan, studying the reality of the independence of Shari'a supervision over Islamic banks in Jordan, and suggesting means that contribute to raising the level of independence in this country. The study found that there are requirements for the independence of the Shari'a supervision relating to legislation, administrative, financial and intellectual independence, and that these requirements lack much in the case of Jordan, Therefore, the research proposed to establish a central Shari'a Supervisory Board with financial and administrative autonomy that would legally supervise the work of Islamic banks in Jordan, which would lead to the improvement of the level of independence of Shari'a supervision and overcome all criticisms of its independence. The study recommended that this proposal be taken into account, and studies should be conducted to examine the possibility of improvement and application.

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