Ishak, Suhaimi and Mohamad Nor, Mohamad Naimi and Shuib, Mohd Sollehudin and Osman, Amirul Faiz and Saad, Ram Al Jaffri (2019) Corporate Governance Practice, Risk Management and Internal Control at Kedah State Zakat Board (LZNK). Humanities and Social Sciences Review, 6 (2). pp. 389-404. ISSN 2165-6258

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Abstract

This research examined corporate governance, risk management and internal control at Kedah State Zakat Board at a professional level (LZNK). This study reviewed the practice of corporate governance, risk management and internal control that LZNK was practicing. The strengths and weaknesses of these practices were examined and subsequently some suggestions are addressed to LZNK with regard to corporate governance, risk management and internal control. Qualitative approaches are used where several respondents from LZNK and academics are interviewed, using a semi-structured tool and purposive sampling techniques. In addition, the review of key documents such as the Kedah State Zakat Board Enactment (Enactment 23) 2015 and the annual report of LZNK were also conducted. Several suggestions for improvements relating to corporate governance, risk management and internal controls in LZNK are recommended. These include submitting an internal audit report to the audit committee, initiating a governance code and the creation of a risk management committee – all actions required immediately

Item Type:	Article
Uncontrolled Keywords:	Kedah State Zakat Board, corporate governance, risk management, internal control
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Islamic Business School
Depositing User:	Mdm. Sarkina Mat Saad @ Shaari
Date Deposited:	29 Aug 2024 11:11
Last Modified:	29 Aug 2024 11:11
URI:	https://repo.uum.edu.my/id/eprint/31350

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