Skip to Content
TS-BGS-12 Trust & Stewardship Board Governance & Strategy CORE Compliance v2.9.7

Board self-assessment published

Evaluating board governance, this metric assesses whether the board conducts an annual effectiveness self-assessment and transparently publishes a summary of the methodology, participation, key findings, and agreed improvement actions. It emphasises muḥāsabah (self-accountability), shūrā (consultative governance), and itqān (continuous improvement/proficiency), demonstrating stewardship (amānah) through learning, transparency, and fairness. By institutionalising these practices, the board upholds the Maqāṣid al-Sharīʿah (objectives of Islamic law), specifically ensuring ḥifẓ al-māl (preservation of wealth) and reinforcing stakeholder trust through rigorous, ethical self-evaluation.

Fiqh Principles

Islamic Concepts

Muḥāsabah

Self-accountability; systematic self-reflection to evaluate actions and intentions, leading to rectification (iṣlāḥ).

Shūrā

Consultative governance; seeking input and collective decision-making to ensure balanced and fair outcomes.

Itqān

Proficiency and continuous improvement; striving for excellence in stewardship systems beyond mere compliance.

Amānah

Trust/Stewardship; fulfilling the responsibility of leadership with integrity and transparency.

Discussion (1)

Administrator 2026-03-07 11:07:42.156695

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

Sign in to post a comment.