The Role of Internal Auditing in Increasing the Profitability of Islamic Banks in Palestine

International Journal of Economics and Management Studies

© 2019 by SSRG - IJEMS Journal

Volume 6 Issue 4

Year of Publication : 2019

Authors : Dr. Amer Sadi Jaber

10.14445/23939125/IJEMS-V6I4P105

How to Cite?

Dr. Amer Sadi Jaber, "The Role of Internal Auditing in Increasing the Profitability of Islamic Banks in Palestine," SSRG International Journal of Economics and Management Studies, vol. 6,  no. 4, pp. 25-30, 2019. Crossref, https://doi.org/10.14445/23939125/IJEMS-V6I4P105

Abstract:

The study aimed to identify the role of internal auditing in increasing the profitability of Islamic banks in Palestine. The researcher used the analytical descriptive method. The study society consisted of employees of the internal audit departments and financial departments in Islamic banks in Palestine as well as supervisors of Islamic banks in the Palestinian Monetary Authority. The sample was composed of audit staff, employees of the financial departments and employees of the Monetary Authority Supervisors of Islamic banks in Palestine. The sample number (35) was single in all survey members. The response rate was 85.7% (30) questionnaire from the study community. The study reached many results, the most important of which was that the field of financial auditing has a high role in increasing the profitability of Islamic banks in Palestine. The field of administrative auditing has a high role in increasing the profitability of Islamic banks in Palestine. The Islamic banks in Palestine comply with the regulations and instructions issued by The Palestinian Monetary Authority is high. The study recommended strengthening the culture of the Islamic Bank as a whole (management and branches) with the importance of internal auditing, the need to follow the instructions and instructions issued by the Audit Department at the bank, and the need to pay attention to the staff of Islamic banks. In the field of auditing the work of Islamic banks, especially that there are countries with advanced experiences in the field.

Keywords:

Internal Audit, Islamic Banks in Palestine, Profitability of Islamic Banks.

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