https://www.cribfb.com/journal/index.php/ijibm/issue/feed International Journal of Islamic Business & Management 2021-07-16T20:10:09+00:00 Managing Editorial Board info.ijibm@cribfb.com Open Journal Systems https://www.cribfb.com/journal/index.php/ijibm/article/view/1100 GLOBAL FINANCIAL CRISIS: AN ISLAMIC MANAGEMENT APPROACH 2021-04-30T18:44:08+00:00 Ivan Rahmat Santoso ivanrahmatsantoso@gmail.com Fahruddin Zain Olilingo fzo.fekonung@gmail.com <p><em>Th</em><em>e purpose of this</em><em> study </em><em>is to determine the </em><em>solutions to financial crises based on the perspective of Islamic management</em><em>. It also discusses the roles of</em><em> faith and </em><em>Islamic </em><em>monotheism in </em><em>managing</em><em> the global financial crisis. The qualitative method </em><em>was used to obtain data from books and articles related to Islamic management based on Qur’an and Hadith. These </em><em>data </em><em>were further</em><em> analyzed </em><em>and used as a solution to problems related to </em><em>the global financial crisis by Islamic values.</em><em> The result showed that</em><em> the values of faith and monotheism following </em><em>organizational</em><em> policy and management </em><em>tend to</em><em> minimize financial speculative actions and greed. </em><em>In addition, these values assist</em><em> managers in </em><em>planning, organizing, directing, and supervising their subordinates </em><em>under Islamic rules and regulations. The application of this value is mainly reflected in the aspects of behavior, organizational aspects, and system aspects through the mechanism of placing the </em><em>sharia supervisory board and profit-sharing in Islamic financial institutions, simplicity, and avoiding is in organizational management as well as the principle of prudence and avoiding speculative action. This </em><em>research</em><em> supports the role </em><em>of the Islamic </em><em>management </em><em>system </em><em>in winning finances</em><em> and implementing organizational policies </em><em>to overcome global financial problems.</em></p> <p><strong>JELClassification Codes</strong>: G01, H12, D46.</p> <p>&nbsp;</p> 2021-04-30T00:00:00+00:00 ##submission.copyrightStatement## https://www.cribfb.com/journal/index.php/ijibm/article/view/1135 HOW SOCIAL ARE ISLAMIC BANKS IN PAKISTAN? 2021-05-23T20:56:01+00:00 Rafea Irfan rafiairfan1996@gmail.com <p><strong><em>Purpose:</em></strong><em> This research paper attempts to prove that social outcomes are one of the objectives of Islamic banks and tries to investigate whether social failure exists in the Islamic banking sector of Pakistan by assessing the social performance of Islamic banks against performance indicators of social outcomes. </em></p> <p><strong><em>Design/ Methodology/ Approach:</em></strong><em> In this paper content analysis of annual reports of a sample of 4 Islamic conventional banks and 4 Islamic banking units functioning in Pakistan is conducted. The social outcomes that are attempted to be measured of the Islamic banks in this research paper are derived from social objectives present in literature, in addition to this, Kinder, Lydenberg, Domini Research, 17 Sustainable Development goals of the United Nations, five Environment Social Governance scorecards developed by Oikocredit which is a global cooperative and social investor group, and Analytics index of corporate social performance are used for the derivation of social outcomes. </em></p> <p><strong><em>Findings:</em></strong><em> Conventional Islamic banks in Pakistan are doing better than Islamic banking units on measures of social responsiveness. </em></p> <p><strong><em>Originality/ Value:</em></strong><em> This research paper is based on the framework of the research paper “How social is Islamic banking” written on the Islamic banking sector of Indonesia by Luthfi Hamidi and Andrew C. Worthington. </em></p> <p><strong>J</strong><strong>EL</strong><strong> Classification Codes: </strong>G0, G2, P4, Q3<strong>.</strong></p> 2021-05-23T20:27:32+00:00 ##submission.copyrightStatement## https://www.cribfb.com/journal/index.php/ijibm/article/view/1136 THE INFLUENCE OF ISLAMIC LEADERSHIP AND ISLAMIC WORK ETHICS ON EMPLOYEE PERFORMANCE OF ISLAMIC BANKS IN RIAU PROVINCE MEDIATED BY ISLAMIC ORGANIZATIONAL CULTURE 2021-05-23T20:55:59+00:00 Zulfadli Hamzah zulfadlihamzah@fis.uir.ac.id Yuswar Zainal Basri warek1trisakti@gmail.com Zulhelmy . zulhelmy@eco.uir.ac.id <p style="text-align: justify;"><em>The purpose of this research is to examine the effect of Islamic leadership and Islamic work ethics on employee performance of Islamic banks in Riau province, whereby Islamic organizational culture became the mediator variable. This research employs the Structure Equation Model (SEM) based on Partial Least Square (PLS) with the help of SmartPLS 3.0 M3 software. The data were collected by using a questionnaire from 275 respondents. The respondent in this research was an employee of Islamic banks in Riau Province. The result showed that Islamic leadership, Islamic work ethics, and Islamic organizational culture positively and significantly influence on employee performance of Islamic banks in Riau province. On another side, the Islamic leadership mediated by Islamic organizational culture does not significantly influence on employee performance of Islamic Banks in Riau Provence. The finding of this research suggests that to enhance the role of Islamic leadership to create Islamic organization culture and Islamic work ethics increasingly would be an effect on employee performance of Islamic Bank in Riau province.</em></p> <p><strong>JEL Classification Code</strong><strong>s</strong> : M1, G21, M540.</p> 2021-05-23T20:54:36+00:00 ##submission.copyrightStatement## https://www.cribfb.com/journal/index.php/ijibm/article/view/1215 AN APPRAISAL OF THE IMPACT OF ISLAMIC CO-OPERATIVE SOCIETIES ON SOCIO-ECONOMIC DEVELOPMENT IN SOME SELECTED STATES IN NIGERIA 2021-07-16T20:10:09+00:00 Aminu Abdulrahim Olayinka aminu.abdulrahim68@gmail.com Abdul Fattah Abdul Ganiy aminu.abdulrahim68@gmail.com Murtala Sirajo aminu.abdulrahim68@gmail.com <p><em>This study assessed the impact of Islamic Co-operatives Societies (ICSs) theoretically, legally and practically on Socio-Economic Development in Nigeria and consider its establishment in our various conventional interest-based economy community, which contradicts the ideals of Islamic principles of finance. The research was carried out within the general framework of Islamic financial principles and precepts. T</em><em>he research work </em><em>focused on the needs of financing a large and growing Muslims community in line with their Islamic tenets thereby </em><em>concentrating on the feasibility of adopting suitable </em><em>ICS’</em><em>s </em><em>modus operandi for the Muslim Community. It also studies the current realities of the ICSs being practiced in Nigeria from the&nbsp;perspective of the theories of Islamic financial system. Within this spectrum the operations and functions of registered Islamic cooperative societies in Adamawa Gombe, Kwara, and Zamfara States were reviewed. The study examined the key role of ICSs in an economy in fulfilling the microfinance needs of Muslims community, and find out that ICSs is a viable alternative solution to the conventional cooperative models and also alternative measure with potentiality to alleviate poverty. &nbsp;The&nbsp;study is limited in scope in a sense that it is not a comparative study of Islamic financial system with doctrines of other religions, ideologies and systems.</em></p> <p><strong>JEL Classification Codes:</strong> D6, F63, R51, Q01, P13.</p> 2021-07-16T20:10:00+00:00 ##submission.copyrightStatement##