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TS-BGS-05 Trust & Stewardship Board Governance & Strategy CORE Compliance v2.9.7

Annual board and executive skills-gap analysis conducted and actioned

Evaluating whether the organization regularly assesses the skills of its board and executive team using a structured, evidence-based approach ensures leadership possesses the necessary capabilities—including safeguarding, finance, and risk management—to govern effectively. This protects the public interest (maṣlaḥah) and fulfills the trust (Amānah) inherent in their roles. In Islamic governance, prioritizing Kafā'ah (competence) alongside moral integrity is a fundamental obligation. Continuously addressing skill gaps upholds the Maqāṣid al-Sharīʿah (objectives of Islamic law) by ensuring qualified stewardship.

KPI / Measure
MetricLeadership capability development KPIs
Target75% gaps closed / 100% risk owner coverage / 100% safeguarding lead coverage
FrequencyQuarterly review; annual summation
MethodTrack % gaps closed, coverage vs risk-critical skills, CPD completion, time-to-fill, board effectiveness score change, safeguarding competence coverage
Unit% / months / index score
Maturity Levels
Level 1: Initial/Ad-hoc

Leadership skills are considered informally and on an ad-hoc basis. No structured process.

Level 2: Developing

Informal skills assessment exists. Discussions occur but are inconsistent, undocumented, and rarely lead to formal action.

Level 3: Established

Formal, documented skills-gap analysis conducted annually. Skills matrix used; gaps identified.

Level 4: Advanced

Systematic process with standardized rubrics. Analysis leads to formal, resourced action plan (training, recruitment) which is implemented and tracked. GDPR compliant.

Level 5: Optimizing

Fully integrated with strategy/succession. Forward-looking. Effectiveness measured via KPIs. External facilitation or robust independence safeguard applied.

Applicability

Organisation Types

ALL

By Organisation Size

SizeApplicabilityNotes
Micro exempt Disproportionate bureaucracy for volunteer-run boards; no executive team exists to audit.
Small partial Basic board skills checklist suffices; formal rubrics, criticality scoring, and executive audits are disproportionate.
Medium partial Requires a documented skills matrix, but the formal 0-4 rubric and complex risk criticality scoring can be streamlined.
Large full
Major full

Applicable When

  • Organization has a board or equivalent governing body
  • Organization has an executive team or equivalent senior management
  • Where no formal executive team exists, include senior operational leads.
  • Where a Shari’ah or advisory board materially influences decisions, include them in the skills audit (competency, COI, role profile).

Not Applicable When

  • Sole-founder entity where founder is sole governor and executive.
  • Governing body fixed by statute with no authority to recruit/develop.
  • Temporary administration/receivership.

Discussion (1)

Administrator 2026-03-07 11:07:40.379155

📋 **Version updated: 1.0.0 → 2.9.7** **Changes:** Updated islamic_references from mizan-297.json

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