Measuring of Islamic Business Ethics in Indonesia Islamic Bank
DOI:
https://doi.org/10.14738/abr.11.6029Keywords:
Islamic business ethics, Islamic bankingAbstract
The business characteristic of Islamic banks is the implementation of Islamic business ethics. Parallel with the trend of increasing preference to ethical institution, Islamic banks should put this as its competitive edge toward its competitor conventional competitor banks. However, only few previous studies discussed about the implementation of Islamic business ethics within Islamic banks and none suggested how to measure such implementation. This paper is a study of the literature on ethics and used descriptive qualitative methods as data analytical. The unit of analysis in this study is employees of Islamic Bank in Indonesia. This paper synthesizes the dimensions of Islamic business ethics extracted from the Quran and Sunnah, which were proposed by previous research and divided into five dimensions there are, the union of unity, balance, free will, responsibility and truth. Furthermore, this paper describes the findings through deep interviews with information. Opportunities for future empirical studies are recommended at the end of this paper.
References
Al-Nashmi, M. M., & Almamary, A. A. (2017). The relationship between Islamic marketing ethics and brand credibility: A case of pharmaceutical industry in Yemen. Journal of Islamic Marketing, 8(2), 261–288. https://doi.org/10.1108/JIMA-03-2015-0024
Ali, A. J., Al-Aali, A., & Al-Owaihan, A. (2013). Islamic Perspectives on Profit Maximization. Journal of Business Ethics, 117(3), 467–475. https://doi.org/10.1007/s10551-012-1530-0
Amin, H., Abdul-Rahman, A.-R., & Razak, D. A. (2014). Theory of Islamic consumer behaviour: An empirical study of consumer behaviour of Islamic mortgage in Malaysia. Journal of Islamic Marketing, 5(2), 273–301. https://doi.org/10.1108/JIMA-06-2013-0042
Badroen, F., Suhendra, Mufraeni, M. A., & Bashori, A. D. (2007). Etika Bisnis Dalam Islam. Kencana Prenada Media Group.
Badruldin, B., Mohamed, Z., Sharifuddin, J., Rezai, G., Abdullah, A. M., Latif, I. A., & Mohayidin, M. G. (2012). Clients’ perception towards JAKIM service quality in Halal certification. Journal of Islamic Marketing, 3(1), 59–71. https://doi.org/10.1108/17590831211206590
Ibrahim, N. M. N., & Mahmood, R. (2016). Mediating role of competitive advantage on the relationship between entrepreneurial orientation and the performance of small and medium enterprises. International Business Management.
Karakas, F., Sarigollu, E., & Kavas, M. (2015). Discourses of Collective Spirituality and Turkish Islamic Ethics: An Inquiry into Transcendence, Connectedness, and Virtuousness in Anatolian Tigers. Journal of Business Ethics, 129(4), 811–822. https://doi.org/10.1007/s10551-014-2135-6
Koehler, B. (2011). The economist mohammed ibn abdullah (570-632). Economic Affairs, 31(1), 109–111. https://doi.org/10.1111/j.1468-0270.2010.02060.x
Koku, P. S., & Jusoh, O. (2014). Where do we go from here? Towards a theory in Islamic marketing. Journal of Islamic Marketing, 5(3), 366–378. https://doi.org/10.1108/JIMA-03-2013-0022
Koku, P. S., & Savas, S. (2014). On corporate social responsibility and Islamic marketing. Journal of Islamic Marketing, 5(1), 33–48. https://doi.org/10.1108/JIMA-04-2013-0028
Lewison, M. (1999). Conflicts of interest? The ethics of usury. Journal of Business Ethics, 22(4), 327–339. https://doi.org/10.1023/A:1006164904326
Sidani, Y., & Al Ariss, A. (2015). New Conceptual Foundations for Islamic Business Ethics: The Contributions of Abu-Hamid Al-Ghazali. Journal of Business Ethics, 129(4), 847–857. https://doi.org/10.1007/s10551-014-2136-5
Syafi, M., & Antonio. (2001). BAB IV PROFIL PERUSAHAAN 4.1 Sejarah Bank Muamalat Indonesia (BMI). Jakarta:Gema Insani.
Widana, G. N. O., Wiryono, S. K., Purwanegara, M. S., & Toha, M. (2014). Measuring Islamic business ethics within Indonesia Islamic banks. Global Journal Al-Thaqafah, 4(2), 5–15. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-84920940670&partnerID=40&md5=d70eee40a7e4b6bc663423cb95ad3ace
