TRIPLE GOVERNANCE IN COMPANIES LISTED ON THE PALESTINE EXCHANGE
CURRENT REALITIES AND CHALLENGES FROM AN ISLAMIC PERSPECTIVE
Keywords:
Triple governance, Shariah governance, Palestine Exchange, Islamic economics, sustainable development, corporate governance in PalestineAbstract
This study explores the current state of triple governance—covering institutional, financial, and Shariah aspects—in companies listed on the Palestine Exchange. It focuses on the pressing need to strengthen governance frameworks in light of the complex political and economic conditions that characterize the Palestinian context. By aligning governance practices with Islamic economic values, the paper aims to support transparency, accountability, and sustainable development within the financial sector. Using a conceptual and analytical approach, the study draws upon existing literature and local regulatory structures, with a particular emphasis on Shariah governance in publicly traded companies. Key obstacles to effective implementation are highlighted, including regulatory fragmentation, the absence of unified Shariah oversight, and the limited institutional capacity for governance compliance. Ultimately, the paper seeks to contribute a practical framework tailored to the Palestinian reality—one that balances institutional efficiency with Shariah compliance. This model aspires to enhance investor confidence, improve corporate performance, and promote economic resilience in a manner consistent with Islamic principles.
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