Islamic Finance – Islamic Capital Finance - The function of the Audit and Governance Committee ( AGC)
Maintaining the integrity of the financial reporting process, protecting the interests of shareholders, investors, and other corporate stakeholders, and providing additional assurance on the reliability of financial information presented to the board of directors are all functions that the AGC performs to assist boards of directors in exercising independent and objective monitoring. • serving as an impartial intermediary between the management of the islamic Finance institutions/ IFI and its constituents. The AGC's responsibility is to make sure that the IFI has adequate and effective controls in place to track how the management's plan is being carried out.
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