The Market Values of Islamic Banks and Ethical Identity

Ethical identity refers to the set of guidelines that promote ethical practices within and by the organization. This concept is embedded in the Islamic teaching. This study examines the ethical identity of Islamic banks in Bangladesh, Malaysia, and the Arab Gulf region under eight distinctive dimens...

Full description

Bibliographic Details
Main Authors: Mamunur Rashid, M. Kabir Hassan
Format: Article
Language:English
Published: International Institute of Islamic Thought 2014-04-01
Series:American Journal of Islam and Society
Subjects:
Online Access:https://www.ajis.org/index.php/ajiss/article/view/289
_version_ 1818407676130885632
author Mamunur Rashid
M. Kabir Hassan
author_facet Mamunur Rashid
M. Kabir Hassan
author_sort Mamunur Rashid
collection DOAJ
description Ethical identity refers to the set of guidelines that promote ethical practices within and by the organization. This concept is embedded in the Islamic teaching. This study examines the ethical identity of Islamic banks in Bangladesh, Malaysia, and the Arab Gulf region under eight distinctive dimensions to explore the difference between ideal and communicated ethical conducts via annual reports. This study’s findings reveal an immediate need to develop ethical identity disclosure requirements for Islamic banks. Other areas of special importance include focused social and developmental goals, putting the Shari‘ah strategically in the mission and vision statements, enhanced employee welfare policy, and effective Shari‘ah monitoring of banking operations.
first_indexed 2024-12-14T09:31:37Z
format Article
id doaj.art-83ec5f842e18463296a336f36c80df62
institution Directory Open Access Journal
issn 2690-3733
2690-3741
language English
last_indexed 2024-12-14T09:31:37Z
publishDate 2014-04-01
publisher International Institute of Islamic Thought
record_format Article
series American Journal of Islam and Society
spelling doaj.art-83ec5f842e18463296a336f36c80df622022-12-21T23:08:03ZengInternational Institute of Islamic ThoughtAmerican Journal of Islam and Society2690-37332690-37412014-04-0131210.35632/ajis.v31i2.289The Market Values of Islamic Banks and Ethical IdentityMamunur RashidM. Kabir HassanEthical identity refers to the set of guidelines that promote ethical practices within and by the organization. This concept is embedded in the Islamic teaching. This study examines the ethical identity of Islamic banks in Bangladesh, Malaysia, and the Arab Gulf region under eight distinctive dimensions to explore the difference between ideal and communicated ethical conducts via annual reports. This study’s findings reveal an immediate need to develop ethical identity disclosure requirements for Islamic banks. Other areas of special importance include focused social and developmental goals, putting the Shari‘ah strategically in the mission and vision statements, enhanced employee welfare policy, and effective Shari‘ah monitoring of banking operations.https://www.ajis.org/index.php/ajiss/article/view/289Ethical norms, Content analysis, Islamic banks, Disclosure and reputation
spellingShingle Mamunur Rashid
M. Kabir Hassan
The Market Values of Islamic Banks and Ethical Identity
American Journal of Islam and Society
Ethical norms, Content analysis, Islamic banks, Disclosure and reputation
title The Market Values of Islamic Banks and Ethical Identity
title_full The Market Values of Islamic Banks and Ethical Identity
title_fullStr The Market Values of Islamic Banks and Ethical Identity
title_full_unstemmed The Market Values of Islamic Banks and Ethical Identity
title_short The Market Values of Islamic Banks and Ethical Identity
title_sort market values of islamic banks and ethical identity
topic Ethical norms, Content analysis, Islamic banks, Disclosure and reputation
url https://www.ajis.org/index.php/ajiss/article/view/289
work_keys_str_mv AT mamunurrashid themarketvaluesofislamicbanksandethicalidentity
AT mkabirhassan themarketvaluesofislamicbanksandethicalidentity
AT mamunurrashid marketvaluesofislamicbanksandethicalidentity
AT mkabirhassan marketvaluesofislamicbanksandethicalidentity