Islamic Corporate Governance Dalam Perspektif Standar AAOIFI dan IFSB: Kajian Normatif-Komparatif
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Abstract
This study aims to analyze the normative-comparative framework of Islamic Corporate Governance (ICG) from the perspectives of the standards issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic Financial Services Board (IFSB). Using a qualitative and library research approach, this study examines the principles, structures, and governance mechanisms proposed by both institutions. The findings reveal that AAOIFI primarily emphasizes Shariah compliance through the empowerment of the Sharia Supervisory Board (SSB), while the IFSB focuses on prudential regulation and systemic stability by integrating Shariah governance with risk management. Both frameworks share common principles accountability, transparency, fairness, and responsibility; yet differ in approach: AAOIFI adopts a rule-based orientation, whereas IFSB employs a principle-based model. The integration of both standards reflects the values of maqāṣid al-sharīʿah, where Islamic governance serves not only as a regulatory mechanism but also as a moral and spiritual framework for corporate management.
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