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CG Models: West vs Islam (4 June 2026)

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CG Models: West vs Islam (4 June 2026)

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CG models: Western & Islamic

Created by

DR MUHAMMAD FAHMI MD RAMZAN
DR MUHAMMAD FAHMI MD RAMZAN
Malaysia

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CG Models: West vs Islam (4 June 2026)
 

CG Models: West vs Islam (4 June 2026)Online version

CG models: Western & Islamic

by DR MUHAMMAD FAHMI MD RAMZAN
1

The capital market becomes well-developed in the insider system due to close ownership.

2

Malaysian joint-stock corporations are exclusively government-owned.

3

Transparency is one of the core values highlighted in corporate governance.

4

The Shariah board supervises operations and ensures Shariah compliance in the Islamic stakeholder-based model.

5

The Anglo-Saxon model is an insider-dominated model.

6

In Islam, corporate governance focuses solely on financial return and ignores ethics.

7

Islamic CG models include the tauhid syura-based model and the Islamic stakeholder-based model.

8

Ownership in Malaysia is described as insider-dominated.

9

The Anglo-Saxon model is also known as the market-based system or outsider model.

10

Germany uses a 2-tier board structure with no supervisory board.

 
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