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Ensuring strict Sharia compliance and strong governance is absolutely critical. **Islamic banks** should have independent Sharia supervisory boards, robust internal controls, and transparent reporting practices. As we have seen before, compliance with Sharia law is a fundamental aspect of **Islamic banking**. This involves ensuring that all products, services, and operations are consistent with Islamic principles. To achieve this, **Islamic banks** should establish a strong Sharia governance framework. This includes: the appointment of qualified Sharia scholars to the Sharia supervisory board, developing internal policies and procedures to ensure Sharia compliance, and establishing clear lines of responsibility for Sharia compliance. The bank should also conduct regular reviews and audits of its products and services to ensure they comply with Sharia standards. Also, **Islamic banks** must implement good governance practices, including: transparency in their operations, accountability of management, and strong internal controls. This will help to reduce the risk of non-compliance and maintain the integrity of the bank.
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