Ishak, Suhaimi and Mohamad Nor, Mohamad Naimi and Shuib, Mohd Sollehudin and Osman, Amirul Faiz and Saad, Ram Al Jaffri (2021) The role of internal audit in governance of Zakat Institution in Malaysia. Turkish Journal of Computer and Mathematics Education, 12 (03). pp. 2568-2571. ISSN eISSN 13094653

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Abstract

This study outlines the role of internal audit in the governance of zakat institutions in Malaysia. Aspects of internal audit are detailed in this study as well as risk management. Internal audit is closely linked to risk management where both of these aspects are an important element of an organisation's governance. In addition, legislative matters such as the Federal Constitution and the State Administration of Islamic Religious Enactments were also discussed in this research. Researchers are also talking about the Malaysian Code on Corporate Governance (MCCG), which can be used as a guide and best practice for Islamic religious states and zakat institutions in Malaysia. Although the Islamic religious councils of the states and the zakat institutions are not a company but with the trust as administrators and managers of large zakat funds, the need for good governance is essential.

Item Type:	Article
Uncontrolled Keywords:	Internal audit; governance; zakat institution; Malaysia
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Mrs Nurin Jazlina Hamid
Date Deposited:	05 Jul 2022 08:23
Last Modified:	05 Jul 2022 08:23
URI:	https://repo.uum.edu.my/id/eprint/28723

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