Afef Khalil, Sabrine Chihi
The purpose of this research paper is to study the effect of the Shariah Board’s characteristics on the financial performance of the Islamic banks. We employ the regression analyzes to investigate the relationship between the Shariah Board and the banks performance, using a Panel data composed by 32 Islamic banks over the period 2015-2018. The results show that the women shariah members reveal a negative effect on the financial performance of Islamic banks. However, the presence of Mufti and the interlocked shariah scholars do not influence the banks performance. Through this research paper, we aim to investigate the relationship between the financial performance and the Shariah Board and provide new insights to the literature review of Islamic banking.