Year:2022   Volume: 4   Issue: 3   Area: Law

  1. Home
  2. Article List
  3. ID: 503

Mohammed Aboud ALAMODI

SAUDI GOVERNANCE FRAMEWORK AND ITS ROLE IN STRENGTHENING AND INDEPENDENCE OF LEGAL ORGANIZATIONS

Worldwide, there is a dramatic increase in the Islamic banks that provides different finance and investment services. According to one article there are 390 banks and Financial institutions in 48 countries around the world with financial assets of more than trillion dollars. At the same time, they are committed to not use usurious transactions and other forbidden transactions. There is no way to control it and safe its workflow except by governance and legal organizations. Therefore, that's will lead to earn the trust of shareholders and the concerned in the financial institutions. Moreover, legitimacy authority is one of the main content to control companies in Islamic financial institutions. ‎

Keywords: Legal Organizations, Saudi Governance, Islamic Banks.

http://dx.doi.org/10.47832/2717-8293.17.19


62