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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.

Compliance 1
  • GDPR: Privacy notice, retention, redaction
    Compliance Essential
Basic 1
  • Annual board evaluation
    Process Essential
Good 6
  • Documented methodology
    Documentation Essential
  • Action plan with owners/timelines
    Governance Essential
  • Public summary in TAR and website
    Transparency Essential
  • Publication within 60 days or next TAR
    Timeliness Essential
  • Board progress review
    Monitoring Essential
  • Pre-publication sensitivity review protocol
    Risk Management High
Better 7
  • Link to risk register and training
    Process Essential
  • Periodic external facilitation
    Continuous Improvement Recommended
  • 360-feedback for chair/committee chairs
    Leadership High
  • Stakeholder input sample with GDPR safeguards
    Stakeholder Engagement High
  • Public action-tracker progress updates
    Transparency Medium
  • Plain-English summary & accessible web page
    Communication Medium
  • Succession planning integration
    Leadership High
Best 2
  • External facilitation every 3 years
    Leadership High
  • Lessons-learned narrative published
    Continuous Improvement Medium

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

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