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TS-BGS-23 Trust & Stewardship Board Governance & Strategy CORE Compliance v2.9.7

Formal Shariah Governance/Oversight

Evaluates the structured process for obtaining and implementing scholarly guidance (iftāʾ) through consultative deliberation (shūrā). This formal oversight is crucial for upholding Amānah, assuring stakeholders of Shariah compliance in contracts, public claims, and operations, and safeguarding the organization’s integrity. Rooted in the pursuit of Maqāṣid al-Sharīʿah (objectives of Islamic law), particularly Ḥifẓ al-Māl (preservation of wealth), such governance ensures institutional practices remain strictly within the bounds of Ḥalāl (permissible). By institutionalizing Taqwā (God-consciousness), it actively prevents prohibited elements.

Fiqh Principles

Iftāʾ

The principle of issuing an authoritative legal opinion, forming a basis for formal Shariah governance.

Amānah

The principle of public trust, which frames consultative and judicial oversight responsibilities.

Sadd al-dharā’i

Blocking the means to evil; operationalized via pre-launch Shariah review gates.

Adab al-Ikhtilaf

Ethics of disagreement; operationalized via formal dispute resolution and escalation protocols.

Islamic Concepts

Shūrā

The principle of consultative deliberation to institutionalize collective wisdom and accountability in decision-making.

Taqwā

A state of God-consciousness and accountability operationalized through expert-led, consultative, and reviewable governance structures.

Iḥsān (Excellence)

The pursuit of excellence. A mature Shariah governance framework moves beyond minimum compliance to establish robust, transparent, and continuously improving systems.

Discussion (1)

Administrator 2026-03-07 11:07:45.460244

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

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