Although the labour shortages reported by firms have started to decline somewhat recently, they remain a major concern for firms. 8. Compensation per employee growth in seasonally adjusted terms. This includes the effects of negotiated wage growth but also wage drift including, for example, bonus payments. 9.
The framework will explicitly define the roles and responsibilities of different organs of IBIs including the Board of Directors, Shariah Advisors/Committees and Executive Management for ensuring Shariah compliance. Presently Shariah compliance is perceived to be the responsibility of the Shariah Advisors only whereas Board of Directors and Executive Management assume no such responsibility.