Shariah Risk Management at Universiti Sains Islam Malaysia (USIM): The Role of The Islamic Legal Advisory Center (MJPS)

Public universities in Malaysia currently place significant emphasis on the aspect of risk management in their administration. This can be observed through the establishment of Responsibility Centers (PTj) that coordinate and monitor the implementation of risk management in these universities. In the context of Sharia, risk management has its own specific meaning, encompassing various forms of advice, control, and approaches to ensure that all matters related to policy development, guidelines, or products comply with Sharia principles. This qualitative study aims to examine the role of MJPS (Islamic Legal Advisory Center) at USIM in managing Shariah risks in the university's administration, in line with its responsibility to assist and advise USIM on Shariah-related matters. For this purpose, several documents, including meeting minutes and fatwa decisions, have been collected and analyzed to gain an understanding of MJPS's role in managing Shariah risks at USIM. The study found that MJPS indeed plays a role in managing Shariah-related risks arising at USIM through advice and recommendations for the implementation of matters referred to them based on principles that are in accordance with Islamic law.