The extent to which review committees contribute to enhancing Sharia oversight"A field study on commercial banks in the city of Tobruk

Abstract

The study focused on analyzing the extent to which audit committees contribute to enhancing Sharia supervision in commercial banks in Tobruk. It also examined the role of these committees in ensuring compliance with Sharia principles in banking operations, and evaluating the impact of the existence of such committees on the effectiveness of Sharia supervision in its three sections: supervision of compliance with the principles and provisions of Islamic Sharia, performance supervision, and financial supervision. The researchers used a questionnaire to collect data, which was distributed to employees of Islamic windows in commercial banks in Tobruk. The quantitative data was analyzed using SPSS, while the qualitative data was analyzed using objective analysis to present the results clearly and accurately. The study reached several conclusions, the most important of which are: - Audit committees contribute to enhancing Sharia supervision in Islamic windows of banks in Tobruk. The most important recommendations include: the need to provide training courses for committee members to enhance their experience and knowledge of Islamic Sharia and banking laws, and to enhance the committees' cooperation with Sharia experts and universities to benefit from the latest developments in Sharia supervision.