A Governance Committee Is Proposed by IFSB in Order to Resolve

question 8

True/False

A governance committee is proposed by IFSB in order to resolve the conflict between the interest of the shareholders and that of the takaful participants.

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Definitions:

Employee Capital

The value employees bring to a company in terms of their skills, knowledge, and experience.

Knowledge Management

The act of generating, disseminating, utilizing, and overseeing an organization's knowledge and information to fulfill its goals.

External Environment

The external factors, conditions, and influences that affect an organization's performance and operations, including economic, political, social, and technological aspects.

Intellectual Capital

The intangible value of an organization made up of its knowledge, relationships, and human talent.