期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2022
卷号：12
期号：5
页码：1326-1340
DOI：10.6007/IJARBSS/v12-i5/12121
语种：English
出版社：Human Resource Management Academic Research Society
摘要：Governance in the cooperative sector plays a very important role in ensuring the responsibility, accountability, and effectiveness of conventional and Shariah cooperatives. The Malaysia Cooperative Societies Commission (SKM) has issued the Guidelines on Shariah Governance (GP28) to strengthen the implementation of Shariah governance in the cooperative sector. However, the question arises as to whether the guidelines are comprehensive and meet the requirements of Shariah governance or not?. The objectives of this paper are to examine the shortcomings in the GP28 issued by SKM, to analyse the regulation of the implementation of Shariah governance in cooperatives, and to propose enforcement methods to improve on the implementation of Shariah governance in cooperatives. This study used the qualitative method. Data were collected through document analysis. The data then analysed by content analysis. The results of the study found that the implementation of GP28 needs some improvement in some aspects to ensure better Shariah governance of cooperatives. This paper also discovered that the regulation of Shariah governance at the cooperative level is seen to be less effective due to certain factors. This paper is important to provide awareness to the operators and staff of cooperatives to ensure a more successful implementation of Shariah governance at the cooperative level in the future.
