The publication of this book is timely for the industry players and regulators to understand the mechanics and good practices of Shariah governance and assurance to manage the Islamic banks and financial institutions in accordance with Shariah principles or the Maqasid Shariah. It is hoped that this book would aid students in their quality learning effort towards successful preparation of their examination. As this textbook provides comprehensive knowledge in the area of Governance and Shariah Audit in IFIs, it will prepare the students as Shariah Auditors in IFIs, accounting and auditing firms and corporations.