The Market Values of Islamic Banks and Ethical Identity

2014 ◽  
Vol 31 (2) ◽  
pp. 43-74 ◽  
Author(s):  
Mamunur Rashid ◽  
M. Kabir Hassan
Keyword(s):  
Annual Reports ◽  
Special Importance ◽  
Islamic Banks ◽  
Gulf Region ◽  
Ethical Practices ◽  
Vision Statements ◽  
Market Values ◽  
Ethical Identity ◽  
Employee Welfare ◽  
The Difference

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.

The Market Values of Islamic Banks and Ethical Identity

2014 ◽  
Vol 31 (2) ◽  
pp. 43-74
Author(s):  
Mamunur Rashid ◽  
M. Kabir Hassan
Keyword(s):  
Annual Reports ◽  
Special Importance ◽  
Islamic Banks ◽  
Gulf Region ◽  
Ethical Practices ◽  
Vision Statements ◽  
Market Values ◽  
Ethical Identity ◽  
Employee Welfare ◽  
The Difference

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.

scholarly journals COMPARISON OF GOOD CORPORATE GOVERNANCE DISCLOSURE AND ACHIEVEMENT OF THE MAQASHID SHARIAH BETWEEN INDONESIAN AND MALAYSIAN ISLAMIC BANKS

2020 ◽  
Vol 3 (01) ◽  
pp. 63
Author(s):  
Ima Maspupah ◽  
Shofia Mauizotun Hasanah
Keyword(s):  
Corporate Governance ◽  
Annual Reports ◽  
Measuring Instruments ◽  
Islamic Banks ◽  
Business Organizations ◽  
Banking History ◽  
Good Corporate Governance ◽  
Index Approach ◽  
The Difference ◽  
Governance Disclosure

<p><em>As part of the corporate organization, Islamic banks are encouraged to create good performance. But in the benchmark, there are still Islamic banks that assess the performance of banks using conventional measuring instruments. So in this study using maqashid index approach to measure the performance of Islamic banks. In addition to creating good performance, the obligations of business organizations are also to take part in activities aimed at protecting and improving the welfare of society as a whole and creating good corporate governance. banks in Indonesia have poor corporate governance rankings compared to neighboring countries such as Malaysia. So the purpose of this comparison study, it is hoped that there will be some advantages between them that can be identified. The method used in this research is quantitative method by using Mann-Whitney test. The data used are annual reports from three Indonesian islamic banks and three Malaysian Islamic banks. The results obtained no significant differences in Good Corporate Governance between Indonesian and Malaysian Islamic banks. While the achievement of maqashid shariah both have differences. This is because, firstly, the difference between banking history and the second, the difference of implementation of Shariah compliance in both countries.</em><em></em></p><strong><em>Keywords:</em></strong><em> Good Corporate Governance, Islamic Banking, Maqashid Shariah</em>

scholarly journals Difference Analysis of Social Performance With The Islamic Social Reporting (ISR) in Syariah Banking That Are in Indonesia and Malaysia

2017 ◽  
Vol 1 (01) ◽  
pp. 53
Author(s):  
Aprila Dwi Widayati ◽  
Raditya Sukmana
Keyword(s):  
Sampling Method ◽  
Social Performance ◽  
Secondary Data ◽  
Social Reporting ◽  
Annual Reports ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Content Analysis Method ◽  
The Difference ◽  
Better Than

<p>The purpose of this research is to examine the difference of Islamic Social Reporting (ISR) disclosure level of islamic banking in Indonesia and Malaysia based on ISR index. The samples were selected by purposive sampling method. The samples that is used in this research is five islamic banks in Indonesia and five islamic banks in Malaysia. This research uses secondary data, that is annual report from 2010-2012. Annual reports were analyzed using content analysis method. Furthermore, the differences of ISR disclosure level were tested using independent sample t-test. The results showed that ISR disclosure level of islamic banking in Indonesia is better than ISR disclosure level of islamic banking in Malaysia. Based on the results of hypothesis testing, found that there are significant differences in the disclosure level between islamic banking in Indonesia and Malaysia.</p><p><br />Keywords: Islamic Social Reporting, Islamic Social Reporting Index, Islamic Banking</p>

Indian companies ignoring HR issues

2016 ◽  
Vol 24 (4) ◽  
pp. 29-31
Author(s):  
Brian Beal
Keyword(s):  
Stock Exchange ◽  
Statistical Tests ◽  
Annual Reports ◽  
Corporate Disclosure ◽  
Public And Private ◽  
Content Type ◽  
Industrial Sectors ◽  
Employee Welfare ◽  
Content Analysis Method ◽  
The Difference

Purpose The purpose of this paper is to investigate the extent of corporate disclosure on human resources (HR) in the annual reports of top-performing Indian companies. Design/methodology/approach The paper explores the extent to which top 82 companies from India present information about HR in their annual reports. This paper examines the annual reports of each of the top Indian firms listed on the Bombay Stock Exchange, using the “content analysis” method. Statistical tests have been performed to analyze the difference between the HR disclosure score across public and private sectors and disclosure variations among various industrial sectors. Findings In-house training programmers has been noticed to be the favorite item of disclosure followed by safety awards/certifications and statements regarding cordial relations with the employees/unions. A majority of the Indian firms have ignored significant HR issues such as employee welfare fund, maternity/paternity leaves, holiday benefits, employee loans, adopting old age homes, etc. Overall, the paper reflects low HR-related disclosures. Originality/value This is the first paper on the disclosure of HR by the Indian corporate sector in the CSR domain with a disclosure analysis for a period of nine years. This paper provides new directions for the literature in this area and may promote comparative studies on HR-based studies from different perspectives.

scholarly journals Analisis Perbedaan Kinerja Sosial Dengan Indeks Islamic Social Reporting (ISR) pada Perbankan Syariah Yang Ada di Indonesia dan Malaysia

2017 ◽  
Vol 4 (1) ◽  
pp. 62
Author(s):  
Aprilia Dwi Widayati ◽  
Raditya Sukmana
Keyword(s):  
Sampling Method ◽  
Secondary Data ◽  
Social Reporting ◽  
Annual Reports ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Analysis Method ◽  
Content Analysis Method ◽  
The Difference ◽  
Better Than

The purpose of this research is to examine the difference of Islamic Social Reporting (ISR) disclosure level of islamic banking in Indonesia and Malaysia based on ISR index. The samples were selected by purposive sampling method. The samples that is used in this research is five islamic banks in Indonesia and five islamic banks in Malaysia. This research uses secondary data, that is annual report from 2010-2012. Annual reports were analyzed using content analysis method. Furthermore, the differences of ISR disclosure level were tested using independent sample t-test. The results showed that ISR disclosure level of islamic banking in Indonesia is better than ISR disclosure level of islamic banking in Malaysia. Basedon the results of hypothesis testing, found that there are significant differences in the disclosure level between islamic banking in Indonesia and Malaysia.

scholarly journals EFFECT ON THE PERFORMANCE OF ETHICS DISCLOSURE OF IDENTITY IN ISLAMIC BANK INDONESIA (STUDY IN ISLAMIC BANKING COMPANIES LISTED IN BANK INDONESIA, 2008-2018)

2019 ◽  
Vol 7 (12) ◽  
pp. 326-332
Author(s):  
Muhammad Nur Syuhada
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Annual Reports ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Financial Industry ◽  
Public Companies ◽  
Islamic Bank ◽  
Ethical Identity ◽  
Good Reputation

Strive for innovative Islamic banking in offering products and building a good reputation in following the development of the Islamic financial industry to trigger an increasingly competitive level of competition. Building a good reputation is largely determined by the identity of the company itself. Islamic banking has a higher moral responsibility than conventional banking or other public companies because there are social values ​​and justice that must be met. study This was conducted to reveal that ethical identity significantly influences the financial performance of Islamic banking companies which have restrictions on Islamic commercial banks in Indonesia. This research will be conducted using secondary data in the form of annual reports issued from Islamic banks in Indonesia from 2008-2018 through the websites of each Islamic bank. The population of this study is Sharia banks that are listed on the Indonesia Stock Exchange or listed at Bank Indonesia. The update of this study is that this research will replace the measurement variable profitability from ROA to NPM and change the year from 2008-2018 compared to the previous study, using only the period 2010-2013.

scholarly journals THE ETHICAL PRACTICES OF ISLAMIC BANKING: An Analysis from Customer Satisfaction Perspective

2017 ◽  
Vol 41 (1) ◽  
Author(s):  
Azharsyah Ibrahim ◽  
Nor 'Azzah Kamri
Keyword(s):  
Customer Satisfaction ◽  
Quantitative Method ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Ethical Practices ◽  
Business Units ◽  
High Satisfaction ◽  
Banking Institutions ◽  
The Difference ◽  
Questionnaire Surveys

<strong>Abstrak: Implementasi Etika Islam dalam Perbankan Syariah: Suatu Analisis dari Perspektif Kepuasan Nasabah</strong>. Tulisan ini bertujuan untuk menguji tingkat kepuasan nasabah pada bank syariah di Aceh sebagai akibat dari pelaksanaan Etika Kerja Islam (EKI). Secara spesifik,  tulisan ini bermaksud untuk menelaah perbedaan kepuasan dari nasabah Bank Umum Syariah (BUS), Unit Usaha Syariah (UUS), dan Bank Pembiayaan Rakyat Syariah (BPRS). Kajian ini menggunakan metode kuantitatif yang diimplementasikan melalui kuesioner yang dibagikan kepada 600 orang nasabah dari tujuh bank syariah di Aceh. Data dianalisis melalui statistik deskriptif dan inferensial dalam software SPSS. Hasil kajian ini secara umum menemukan bahwa mayoritas nasabah memiliki tingkat kepuasan yang tinggi terhadap bank syariah sebagai akibat dari implementasi EKI dalam operasional bank syariah. Secara khusus, nasabah BUS mempunyai skor kepuasan tertinggi dibandingkan dua kategori bank lainnya.<br /><strong> </strong><br /><strong>Abstract: </strong>This study aims to investigate the level of customer satisfaction as a result of the Islamic Work Ethics (IWE) implementation in Islamic banks in Aceh, Indonesia. Specifically, it examines the difference in perceiving satisfaction among customers of Islamic Commercial Banks (ICB), Islamic Business Units (IBU), and Islamic Rural Banks (IRB). The study incorporated a quantitative method which was employed through questionnaire surveys that were distributed to 600 respondents of seven Islamic banks. The data were then analyzed using descriptive and inferential analyses in SPSS. The findings of this research revealed that in general, the customers have shown a high satisfaction on the IWE practiced in Islamic banking institutions. Particularly, the ICB scored the highest satisfaction level compared to the other banking categories.<br /> <br /><strong>Keywords:</strong> Customer satisfaction, Islamic bank, business ethics, Islamic banking, Aceh

Determinants of Corporate Risk Disclosure Practice: The Case of Islamic Banks in Gulf Cooperation Council Region

2018 ◽  
Vol 15 (1) ◽  
pp. 16-38 ◽  
Author(s):  
Samir Srairi
Keyword(s):  
United Arab Emirates ◽  
Composite Index ◽  
Gulf Cooperation Council ◽  
Risk Information ◽  
Rate Of Return ◽  
Islamic Banks ◽  
Risk Disclosure ◽  
Gulf Region ◽  
Corporate Risk ◽  
Level Of Risk

The paper develops a framework to explore the risk disclosure practices of 29 Islamic banks operating in the Gulf Cooperation Council countries over the period of 2013-2016 and examines the potential factors which might be affecting risk disclosure. To analyze the level of risk disclosure, the paper develops a composite index by using the content analysis technique. We also employ OLS technique to examine factors affecting Islamic banks’ risk disclosure. The results indicate a very high difference in risk disclosure between countries. Only two countries, the United Arab Emirates and Bahrain, have a higher level of risk disclosure. The findings also suggest that reporting on some risk disclosure types especially displaced commercial risk and rate of return risk is very low. The regression results show that Islamic banks with a stronger set of corporate governance mechanisms and an active Shariah board appear to disclose more risk information. Other factors that influence risk disclosure practices of Islamic banks are bank size, leverage, cross-border listings and the level of political and civil regression. The study recommends that Islamic banks have to revise their communication strategies and provide more risk information related to rate of return risk and display commercial risk. In addition, GCC regulators should establish risk disclosure regulations which have to become mandatory for all Islamic banks. To the best of our knowledge, the paper provides the first analysis related to the determinants of corporate risk disclosures of Islamic banks in the Arab Gulf region.

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