scholarly journals Auditing in Islamic Perspective and Auditing as Practiced in some selected Islamic Banks Operating in Bangladesh

IIUC Studies ◽  
2015 ◽  
Vol 9 ◽  
pp. 293-306 ◽  
Author(s):  
Muhammad Showkat Imran ◽  
Afzal Ahmad ◽  
Md Zahid Hossain Bhuiyan
Keyword(s):  
Primary Data ◽  
Islamic Finance ◽  
Islamic Banks ◽  
Professional Behaviour ◽  
Accounting Systems ◽  
Islamic Perspective ◽  
Interview Method ◽  
Proper Training ◽  
Structured Questionnaire

The study is on “Auditing in Islamic perspective and auditing as practiced in some selected Islamic banks operating in Bangladesh”. The study was conducted on total number of 5 Islamic banks operating in Bangladesh. The study was based on primary data, collected by interview method on the basis of a structured questionnaire. The main findings of the study are: i) identifying objectives and principles of Islamic auditing, ii) analysing the procedures of conducting auditing in the selected banks, iii) focusing on the major responsibilities and role of an auditor in the eye of Islam, iv) identifying qualities of an auditor in the eye of Islam such as righteousness, trustworthiness, professional behaviour, fairness, proficiency and efficiency, honesty and confidentiality etc., v) identifying major problems involved in conducting Islamic auditing in the selected banks are reported as: auditors specially external are not very much familiar with rules and regulation of Shari’a Council, the bank authority disagree that auditors (external) are quite independent body, the concerned management feel discouraged to help the auditors by providing necessary information and data as well as document, non-standardization of Shari’a compliance and regulation for Islamic finance. Not well equipped with knowledge of Shari’a Council on the part of the employees, accounting systems and procedure are not fully in compliance with Islamic Shari’a, vi) The probable measures to overcome the problems are identified as : proper implementation of accounting systems as permitted by Islamic Shari’a, proper training to the accounting personnel regarding knowledge of Islamic Shari’a, supplying the auditors necessary information and data willingly by the Accounts personnel, recognizing purity of transaction, proper standardization of Shari’a Council rules and regulations etc.IIUC Studies Vol.9 December 2012: 293-306

Application Of Technology Acceptance Model Of Unified Payment Interface Services Adoption In Mysuru City: An Exploratory Study

2019 ◽  
Vol 118 (6) ◽  
pp. 25-35
Author(s):  
Vinay S
Keyword(s):  
Technology Acceptance ◽  
Technology Acceptance Model ◽  
Structural Equation ◽  
Banking Sector ◽  
Primary Data ◽  
Equation Modeling ◽  
Security Issues ◽  
Acceptance Model ◽  
Structured Questionnaire

Continuous development of technological innovations especially in the banking sector have stirred competition which has changed the way businesses operate resulting in the introduction of Unified Interface Payment (UPI) services. This study was conducted in order to analyse the adoption of UPI services through Technology Acceptance Model (TAM) in Mysuru. Objectives of study were framed to determine the demographic factors that influence the practices of UPI by the customers, to examine the role of banks in integrating UPI services and products and to assess the various security issues affecting the usage of UPI services by Mysuru customers. Based on these objectives a structured questionnaire was prepared and primary data was collected from 165 respondents. Data was analysed making use of SPSS and other models namely Structural Equation Modeling with Analysis of Moment Structures (AMOS) Software. Finally the researchers identifies that there is a need for convergence of customer’s preference for safe and easy banking transactions. This study revealed that the customer’s model have to be well integrated for progress in UPI operations.

scholarly journals Analisis Rasch Pada Atribut Perbankan Syariah: Studi pada Generasi Milenial

2019 ◽  
Vol 5 (3) ◽  
pp. 145
Author(s):  
Anggiya Rossana ◽  
Egi Arvian Firmansyah
Keyword(s):  
University Students ◽  
Market Share ◽  
Rasch Analysis ◽  
Primary Data ◽  
Islamic Finance ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Banking Services ◽  
Finance Industry ◽  
Potential Customers

The presence of Islamic banking in Indonesia is one form of progress and development of the Islamic finance industry in Indonesia. However, for more than 20 years, Islamic banking has apparently not been able to grow optimally and experienced a slowdown in its growth. Islamic banks need to increase their market share and also need to identify which attributes are most considered by the potential customers, especially the millennials whose number is large. This study aims to find out which attributes are most considered in using Islamic banking services. This study uses primary data by distributing online questionnaires to 180 university students in Bandung, namely Unpad, ITB and UPI students. To analyze the data, Rasch analysis was used. The results of Rasch analysis show that cleanliness, friendliness, and Islamic principles turned out to be the most considered attributes in selecting Islamic banking in Indonesia. Given that these three attributes are the most considered, it is expected that Islamic banking strengthen these three aspects in order to increase the market of Islamic finance industry markets.

Shari'ah Compliance as a Matter for Financial Performance

2020 ◽  
pp. 355-371
Author(s):  
Md. Harun Ur Rashid ◽  
Md Hafij Ullah ◽  
Faruk Bhuiyan
Keyword(s):  
Regression Analysis ◽  
Financial Performance ◽  
Secondary Data ◽  
Descriptive Statistics ◽  
Annual Reports ◽  
Primary Data ◽  
Islamic Banks ◽  
Bank Executives ◽  
Structured Questionnaire

Islamic banks must comply with the Shari'ah rulings fully as it is the foundation of Islamic banks. However, the level of Shari'ah compliance is not the same among the Islamic banks. Similarly, despite performing well, the financial performances of Islamic banks differ from each other. Therefore, the chapter explores the association between financial performance and Shari'ah compliance. The chapter used both the primary and secondary data. The primary data was collected through surveying 300 bank executives from six full-fledged Islamic banks operated in Bangladesh with a structured questionnaire on Shari'ah compliance, whereas information on financial performance were extracted from the annual reports of the sample banks. Descriptive statistics and regression analysis were used to analyze the data and conclude the findings. The findings show that Shari'ah compliance has a positive and significant impact on the financial performance with respect to the total liabilities and total assets.

The Role of Marketing Mix Strategies on Brand Loyalty of Cable Products

2020 ◽  
Vol 10 (2) ◽  
pp. XX-XX
Author(s):  
Tizitaye Weldemariam ◽  
Yibeltal Nigussie Ayele
Keyword(s):  
Product Quality ◽  
Significant Role ◽  
Brand Loyalty ◽  
Structured Interview ◽  
Marketing Mix ◽  
Primary Data ◽  
Cable Industry ◽  
Marketing Activities ◽  
Structured Questionnaire

This study was carried out with the intention of examining the role of the marketing mix on brand loyalty advertising and pricing play in building brand equity. The study focuses on a new cable brand (Belayab Cable) and attempts to find out the role of marketing mix elements on brand loyalty of Belayab Cable products. For this study, an accessible population of 62 Belayab Cable consumers who have used its products at least twice was selected randomly from stratified groups of three types of customers (Contractors, Traders, Electo Mechanical Engineers, and   Government,).  A structured questionnaire was used to collect data from respondents by using a self-administered data collection system. In addition to the questionnaire, semi-structured interview questions are prepared to get information from the organization which is analyzed qualitatively. The STATA is used to process the primary data which were collected through questionnaires.  The findings showed that the role of product quality, price, and availability has a positive and significant role in brand loyalty. On the other hand, the price has no significant role in brand loyalty for the cable of a brand. Therefore, in order to maximize the effectiveness of marketing activities and have more loyal customers in cable industry companies should pay more attention to product quality, availability, and promotions.  

scholarly journals Attitudes toward information and communications technology, mimetic isomorphism and strategic management in Islamic perspective

2021 ◽  
Vol 3 (1) ◽  
pp. 20-27
Author(s):  
Muafi Muafi
Keyword(s):  
Strategic Management ◽  
Information And Communications Technology ◽  
Primary Data ◽  
Communications Technology ◽  
Work Ethics ◽  
Islamic Perspective ◽  
The Relationship ◽  
Moderating Role ◽  
Mimetic Isomorphism

During the pandemic and post-pandemic of Covid-19, MSMEs are required to continue to survive, and even compete at the regional and global level. The improvement of technology and resources need to be optimized. The purpose of this study is to examine and analyze: (1) the influence of Attitudes toward Information and Communications Technology (ICT) and Mimetic Isomorphism partially on Strategic Management in Islamic Perspective (SMIP); (2) the moderating role of Qur’anic Work Ethics (QWE) in the relationship between Attitudes toward ICT and SMIP; (3) the moderating role of Qur’anic Work Ethics (QWE) in the relationship between Mimetic Isomorphism and SMIP. This study is conducted in Batik MSMEs in Pekalongan with the number of respondents of 154 MSMEs. The primary data is collected through purposive sampling using a questionnaire. The results of this study show that: (1) there is a partial influence of Attitudes toward ICT and Mimetic Isomorphism on SMIP; (2) there is a moderating role of QWE in the relationship between Attitudes toward ICT and SMIP; and (3) there is a moderating role of QWE in the relationship between Mimetic Isomorphism and SMIP.

scholarly journals Assessment of Entrepreneurial Traits and Intention among Undergraduate Students at Catholic University of Health and Allied sciences -Mwanza, Tanzania

2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Omary Mejjah ◽  
Husna Ngulyavyangu ◽  
Thandiwe Peter ◽  
Stanley Mwita
Keyword(s):  
Undergraduate Students ◽  
Descriptive Study ◽  
Entrepreneurial Intention ◽  
Primary Data ◽  
Microsoft Excel ◽  
Cross Sectional ◽  
Catholic University ◽  
Motivating Factor ◽  
Structured Questionnaire

Entrepreneurship of young graduates is fundamental in mitigating the challenge of unemployment, while the role of universities is considered to be very important in developing entrepreneurial behavior. Thus, the present study aims to assess entrepreneurial traits and intention among undergraduate students at Catholic University of Health and Allied sciences -Mwanza, Tanzania. The cross-sectional descriptive study was conducted in May 2021 at Catholic University of Health and Allied Sciences. Three hundred and thirty-one (331) undergraduates were selected by stratified random sampling. Pre-tested semi-structured questionnaire was used to collect primary data. Data were fed into Microsoft excel and then exported to STATA version 14 for analysis and data were presented in frequencies, percentages and mean. The level of entrepreneurial traits of the students was moderate with overall mean of 3.6. Majority (285, 86.1%) of students thought of themselves as capable of opening and sustaining a business to success, reflecting positive feasibility and perceived themselves as people who willingly act on their individual decisions.The major motivating factor for entrepreneurial intention indicated by the respondents was “preference for personal creativity” (295, 89.1%). However, the major perceived barrier to starting their own businesses indicated by the respondents was “lack of funds to start” (268, 90%). This study showed that there was overall moderate level of entrepreneurial traits among the undergraduate students. The findings have shown that there is high intention and that students are interested to become entrepreneurs.

scholarly journals language of indemnification and the economic growth of Nigeria: perspectives from assurance firms

2021 ◽  
Vol 5 (S3) ◽  
pp. 41-54
Author(s):  
Hilary Obioma Ibegbulem
Keyword(s):  
Social Sciences ◽  
Economic Growth ◽  
Economic Development ◽  
Random Sampling ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Primary Data ◽  
General Insurance ◽  
Structured Questionnaire

This study examined the role of insurance in the economic development of Nigeria. Primary data were the sources of data for this study. A structured questionnaire was used to elicit data from the respondents. The data collected was drawn from the two companies Aiico and Alliance and General Insurance, using a simple random sampling technique. The data were subjected to Analysis of Variance (ANOVA) using Statistical Package for Social Sciences (SPSS) was adopted in testing the hypotheses. The results of the study revealed that there was a positive and significant relationship between the role of insurance and economic development in Nigeria. It was concluded that organizations, especially top management, should recognize the importance of the role of insurance.

scholarly journals PONDOK PESANTREN MUKMIN MANDIRI DAN PERANNYA PADA PENGEMBANGAN MASYARAKAT DALAM KERANGKA MAQASHID SYARIAH

2020 ◽  
Vol 7 (5) ◽  
pp. 861
Author(s):  
Achmad Rifkih Mansur ◽  
Tika Widiastuti
Keyword(s):  
Economic Development ◽  
Community Development ◽  
Research Method ◽  
Qualitative Approach ◽  
Primary Data ◽  
Fundamental Theory ◽  
Main Subject ◽  
Islamic Perspective ◽  
Material Development

This study aims to determine the role of the Pondok pesantren Mukmin Mandiri towards the community within the maqashid syariah framework. The research method used is a descriptive qualitative approach. The data used in this study are primary data obtained from the Pondok pesantren Mukmin Mandiri Sidoarjo and the community around the pesantren. This study revealed that pesantren have the potential to develop an Islamic perspective. The focus of economic development does not lie in mere material development. Still, it must place man as his main subject and object in relation to the Khalifah of Allah on Earth. This study uses maqashid syariah as a fundamental theory. Classifying the activities of the pesantren Mukmin Mandiri activities into the sharia maqashid dimensions, namely religion (din), soul (nafs), reason (aqal), descent (nasl) and treasure (maal). The results showed that pesantren have a role in community development in terms of Islamic development based on maqashid syariahKeywords: Community Development, Islamic development, Maqashid syariah and Pondok Pesantren

scholarly journals ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KEPUTUSAN NASABAH UNTUK MENYIMPAN DANA PADA BANK SYARI’AH DI KOTA PURWOKERTO (Studi pada BRI Syariah dan Bank Muammalat Cabang Purwokerto)

Media Ekonomi ◽  
2016 ◽  
Vol 16 (2) ◽  
pp. 238
Author(s):  
Nita Despri Kartikasari ◽  
Hermin Endratno
Keyword(s):  
Social Class ◽  
Sampling Method ◽  
Positive Impact ◽  
Primary Data ◽  
Coefficient Of Determination ◽  
Islamic Banks ◽  
Reference Groups ◽  
Validity And Reliability ◽  
Class Reference

This study was conducted to analyze the factors that influence a client's decision to deposit funds in Islamic banks. In this study, the data used is primary data by questionnaire to customers of BRI Syariah and bank Muammalat Purwokerto with a sample of 156 reaponden. In the sampling method, the author uses purposive sampling method. The analysis used in this study using validity and reliability test, classic assumption test, multiple regression analysis, and hypothesis testing F-test, t-test and the coefficient of determination (R2). The results showed that the characteristic variable bank, syariah factors, social class, reference groups, the role of family factors, factors perceived marketing stimuli simultaneously have a positive impact on the customer's decision to save in Islamic banks. Partial test results can be concluded that social class variables and variable marketing stimuli have a positive effect but not significant, while the variable characteristics of the bank, syariah factors, reference groups and family roles positive and significant impact on customer decisions. Concluded that all six variables are able to explain the customer's decision amounted to 44.5% (adjusted R-square value), while the remaining 55.5% is explained by other factors beyond the research Keyword: Factor analysis, the customer's decision, Islamic banks

scholarly journals Do Islamic banks contribute to growth of the economy? Evidence from United Arab Emirates (UAE)

2017 ◽  
Vol 12 (1) ◽  
pp. 113-118 ◽  
Author(s):  
Mosab I. Tabash ◽  
Suhaib Anagreh
Keyword(s):  
Economic Growth ◽  
United Arab Emirates ◽  
Banking Sector ◽  
Islamic Finance ◽  
Islamic Banking ◽  
Islamic Banks ◽  
The World ◽  
Suitable Environment

Islamic finance has grown rapidly in the recent years particularly in the Middle East and the world. It receives a great attention of bankers and financial scholars due to its stability during financial shocks and crises. The paper uses empirical analysis to test the role of Islamic banking in enhancing the economic growth of United Arab Emirates (UAE). Gross Domestic Product (GDP), Gross formation (GF), and Foreign Direct Investment (FDI) are used as representatives for economic growth, while Islamic banks’ investments are used as a representative for Islamic financial sector in the UAE. The study uses time series techniques to test the link between the variables. In the current study, co-integration along with error correction models is utilized. All econometric work is done using Eviews. The findings reveal that the causal relationship between Islamic banks’ investments and economic growth of UAE is supply-leading direction. Furthermore, the findings depict that Islamic investments have contributed in increasing investments and in bringing FDI into the country in the long-term. The study also shows that there is two-way association between Islamic banks’ investments and FDI. It shows that FDI supports Islamic banking and Islamic banking brings FDI. The paper concludes that authorities of the UAE should devote more attention for this growing banking sector by facilitating regulations for establishing new Islamic banks and then creating a suitable environment for their growth and progress in the UAE.

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