Measuring Islamic Business Ethics Within Indonesia Islamic Banks

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 previou...

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Main Authors: Gusti Ngurah Oka Widana, Sudarso Kaderi Wiryono, Mustika Sufiati Purwanegara, Mohamad Toha
Format: Article
Language:Arabic
Published: Universiti Sultan Azlan Shah 2014-12-01
Series:Global Journal Al-Thaqafah
Subjects:
Online Access:http://www.gjat.my/gjat122014/6220140402.pdf
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author Gusti Ngurah Oka Widana
Sudarso Kaderi Wiryono
Mustika Sufiati Purwanegara
Mohamad Toha
author_facet Gusti Ngurah Oka Widana
Sudarso Kaderi Wiryono
Mustika Sufiati Purwanegara
Mohamad Toha
author_sort Gusti Ngurah Oka Widana
collection DOAJ
description 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 Islamic business ethics as the first step in developing a measurement tool of Islamic business ethics implementation within Islamic banks. This paper synthesizes the dimensions of Islamic business ethics that is excavated from the Quran and Sunna, being proposed by previous studies. There are seven dimensions, namely unity of God, benevolence, justice and equity, sincere, equilibrium, trusteeship and responsibility. Subsequently, this paper outlines these dimensions into 21 items. The opportunity of future empirical study is recommended at the end of this paper.
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spelling doaj.art-bc1f83531999443cb006291ecad6a0bf2022-12-21T19:12:46ZaraUniversiti Sultan Azlan ShahGlobal Journal Al-Thaqafah2232-04742232-04822014-12-014271710.7187/GJAT622014.04.02Measuring Islamic Business Ethics Within Indonesia Islamic BanksGusti Ngurah Oka Widana0Sudarso Kaderi WiryonoMustika Sufiati PurwanegaraMohamad Toha Corresponding AuthorThe 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 Islamic business ethics as the first step in developing a measurement tool of Islamic business ethics implementation within Islamic banks. This paper synthesizes the dimensions of Islamic business ethics that is excavated from the Quran and Sunna, being proposed by previous studies. There are seven dimensions, namely unity of God, benevolence, justice and equity, sincere, equilibrium, trusteeship and responsibility. Subsequently, this paper outlines these dimensions into 21 items. The opportunity of future empirical study is recommended at the end of this paper.http://www.gjat.my/gjat122014/6220140402.pdfEthics; Measurement of ethics; Islamic business ethics; Islamic bank; Unity of GodEthicsMeasurement of ethicsIslamic business ethicsIslamic BanksUnity of God
spellingShingle Gusti Ngurah Oka Widana
Sudarso Kaderi Wiryono
Mustika Sufiati Purwanegara
Mohamad Toha
Measuring Islamic Business Ethics Within Indonesia Islamic Banks
Global Journal Al-Thaqafah
Ethics; Measurement of ethics; Islamic business ethics; Islamic bank; Unity of God
Ethics
Measurement of ethics
Islamic business ethics
Islamic Banks
Unity of God
title Measuring Islamic Business Ethics Within Indonesia Islamic Banks
title_full Measuring Islamic Business Ethics Within Indonesia Islamic Banks
title_fullStr Measuring Islamic Business Ethics Within Indonesia Islamic Banks
title_full_unstemmed Measuring Islamic Business Ethics Within Indonesia Islamic Banks
title_short Measuring Islamic Business Ethics Within Indonesia Islamic Banks
title_sort measuring islamic business ethics within indonesia islamic banks
topic Ethics; Measurement of ethics; Islamic business ethics; Islamic bank; Unity of God
Ethics
Measurement of ethics
Islamic business ethics
Islamic Banks
Unity of God
url http://www.gjat.my/gjat122014/6220140402.pdf
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