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 umemployment Composition

TABLE OF CONTENT

NUMBER

CONTENT

WEBPAGE

1

FUZY

2

INTRO

3

BOOKS REVIEW

four

METHODOLOGY

a few

ISLAMIC POINT OF VIEW OF TRANSPARENCY

6

CATEGORY:

1) OVERVIEW

2) GOVERNANCE

3) FINANCIAL

4) EFFICIENCY

5) OTHERS

7

REALIZATION

ISLAMIC PERSPECTIVE OF TRANSPARENCY

Accountability, openness and good governance are mutually reinforcing concepts that assume wide currency today. Development of any kind cannot arise due to the absence of a system which can be accountable and transparent. Through Islamic history, it is really worth noting that almost all Islamic scholars as well as jurists have favor of visibility and also responsibility. The concept of transparency has been outlined by Allah in the pursuing verse: " O you who consider! When you manage each other, in transactions including future responsibilities in a set period of time, lessen them to publishing. Let a scribe note down faithfully while between the celebrations... ” (Al-Baqarah. 282, Start of the verse) Simply put, this sentirse means that most transaction must be written straight down or noted to avoid injustice or distress.

Transparency is definitely the important requirement for openness in all of the deals of public affairs. In addition , staying transparent, this allows stakeholders to gather details that may be essential to uncover any abuses and defend their interests. Relating to Ayee (2003: 13), it declares that transparency entails that; Citizens have got a right to available details pertaining to, for instance , award of contracts, privatization of express enterprises, guidelines against corruption or the financing of politics parties,... a transparent government is that which offers chance towards citizens to learn the true facts at first hand, without the info being strained or offered through a damaging mirror.

Basically, transparency is simply concerned with wide open and institutionalized system of authorities, the removal of data corruption and the institutionalization of a system that is good, just and based on the rule of law. Along the way of advancement, transparency or perhaps openness in government is significant. It is important in the removal of data corruption and the promo of liability in the perform of government organization. Nowadays, the attempt intended for transparent activity has become a world-wide phenomenon with the Transparency International, whish was set up in 1993. It is to constitute the vanguard in the global bijou against all manner of corrupt activities. CATEGORY: GOVERNANCE

Subcategory

Number

Disclosure Item

Availability

TABLE OF ADMINISTRATORS GOVERNANCE

39

BOD: members' education and qualification

N/A

40

BOD: members' abilities and experience of nonexecutive movie director N/A

forty one

BOD: range of meetings per year

N/A

40

BOD: getting together with dates

N/A

43

BOD: attendance overview

N/A

forty-four

BOD: appointment attendance of each individual overseer

N/A

forty five

BOD: remuneration policy or perhaps total income

N/A

46

BOD: remuneration amount posted by person

N/A

SENIOR MANAGING

47

SM: remuneration amount of CEO

N/A

forty-eight

SM: remuneration amount of other mature executives (total or individual) N/A

49

SM: just how nature and amount of remuneration of senior executive is determined N/A

AUDIT PANEL

50

AC: activities

N/A

51

AIR CONDITIONER: number of meetings

N/A

52

AC: appointment attendance of every director

N/A

53

AIR CONDITIONER: relevant schooling attended by each movie director

N/A

FINANCIAL MANAGEMENT AND ACCOUNT PANEL

54

FMAC: members' name

N/A

fifty five

FMAC: needed number of meetings

N/A

56

FMAC: range of meetings

N/A

57

FMAC: effectiveness of FMAC in handling economical issues

And. A

INSIDE AUDIT

58

Independence of internal audit function

N/A

59

Assessment and/or evaluation on success of risk management

N/A

70

Review/appraisal of internal control systems

N/A...

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