Abstract :
Abstract This study theoretically explains Shari’ah role in supervising the Islamic banks in countries including Bahrain, Pakistan, Qatar and Bangladesh. This study will discuss the roles and responsibilities of the Islamic banks working under their central banks. The criteria of this study is appointment of the Shari’ah board, qualification of the Shari’ah board, role of the Shari’ah board and Shari’ah governance, legal structure and remuneration of the Shari’ah board members. This study is qualitative study and in this we have explained individually country wise their role and comparison between them. At the end it is suggested that Shari’ah board in Bangladesh is not strong enough, there should be more defined rules and responsibilities of Shari’ah board and also there should be proper defined criteria for hiring of Shari’ah board.
Keyword :
Keywords: Shariah Board, Islamic Banks Pakistan, Bahrain, Qatar, Bangladesh