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Shari'ah scholars-a network analytic perspective Shari'ah scholars-a network analytic perspective.

Funds@Work is a Germany-based research based strategy consultant focusing on the investment industry. In this report it takes a look at the wide network of Shari'ah scholars, who they represent, how many positions they hold and which countries they operate in.

This executive summary is based on 1054 board positions linked to 291 institutions, occupied by 221 scholars. "When we created this research using our network analytic techniques, the aim was to spread the word and create appropriate transparency," the author, Murat E[pounds sterling]nal told Banker Middle East.

As in previous studies Funds@Work says it has used network analytic techniques and a rigorous scientific methodology to screen over 2000 institutions, mainly financial services companies such as banks, asset management companies etc. It specifically looked for those dedicated to Islamic finance or offering Shari'ah-compliant products and tracked their scholars by analysing among others official documents as audit reports, annual reports, news feeds and thousands of other sources consistently, triangulating its sources, and using appropriate cross checks.

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Publication:Islamic Business & Finance
Date:Sep 5, 2010
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