Developing The Performance Measurement System Based on Maqashid for Islamic Banks

  • Luhur Prasetiyo Institut Agama Islam Negeri Ponorogo
https://doi.org/10.21154/elbarka.v5i1.3800
Abstract views: 385 , PDF downloads: 323
Keywords: Performance, Islamic banks, maqashid

Abstract

The performance appraisal system for Islamic banks, according to the function and role of Islamic banks, is still not well established and is still in search of ideal forms. Several Islamic economic figures see that the existing Islamic bank performance appraisal system is still profit-oriented and has not considered Islamic banks' social aspects. Apart from having a business function, Islamic banks also have social functions that must be carried out. Using the maqasid al-Najjar approach, this study developed a performance measurement system based on maqashid for Islamic Banks. Using the Sekaran model, the researcher breaks down the elements of maqasid al-Najjar into indicators of performance appraisal of Islamic banks to produce a Syaria bank performance measurement system within the framework of the maqasid al-Najjar. Based on the concept of maqasid al-Najjar, the developed model in this study is called the performance measurement system based on maqashid (PMSBM) for Islamic banks.

References

AAOIFI. (2015). Shari’ah Standards. AAOIFI.

Al-Najjar, A. al-M. (2008). Maqasid al-Shari‘ah bi Ab’ad Jadidah. Dar al-Gharb al-Islami.

Alma, B., & Priansa, D. J. (2009). Manajemen Bisnis Syariah. Alfabeta.

Auda, J. (2008). Maqasid Al-Shariah as Philosophy of Islamic Law A Systems Approach. In Systems as Philosophy and Methodology for Analysis. The International Institute of Islamic Thought.

Berger, P. L. (1991). Langit Suci Agama Sebagai Realitas Sosial. LP3ES.

Haniffa, R. (2002). Social Reporting Disclosure: an Islamic Perspective. Indonesia Management and Accounting Research, 1.

Hasan, S., & Andriany, D. (2015). Pengantar CSR: Sejarah, Pengertian, dan Praksis. Pustaka Pelajar.

Mawardi, A. I. (2010). Fiqh Minoritas: Fiqh Al-Aqalliyat dan Evolusi Maqashid Al-Syari’ah dari Konsep ke Pendekatan. LKiS.

Mohammed, M. O., Tarique, K. M., & Islam, R. (2015). Measuring the performance of Islamic banks using maqasid based model. Intellectual Discourse, 23(Special Issue).

Othman, R., & Thani, A. M. (2010). Islamic Social Reporting Of Listed Companies In Malaysia. International Business & Economics Research Journal (IBER), 9(4). https://doi.org/10.19030/iber.v9i4.561

Othman, R., Thani, A. M., & Ghani, E. K. (2009). Determinants Of Islamic Social Reporting Among Top Shariah -Approved Companies In Bursa Malaysia. Research Journal of International Studies, 12, 4–20.

Prasetiyo, L., & Rofiah, K. (2021). The Formulation of Islamic Bank Performance Based on Contemporary Maqasid al-Sharia. Justicia Islamica, 18(2), 319–334. https://doi.org/10.21154/justicia.v18i2.3163

Soehadha, M. (2008). Metodologi Penelitian Sosiologi Agama. Bidang Akademik UIN Sunan Kalijaga.

Sucipto. (2003). Penilaian Kinerja Keuangan. FE Universitas Sumatera Utara.

Susanto, A. B. (2009). Reputation-Driven Corporate Social Responsibility: Pendekatan Strategic Management dalam CSR. Esensi Group Erlangga.

Tarique, K. M., Islam, R., & Mohammed, M. O. (2020). Developing and validating the components of Maqasid al-Shari’ah-based performance measurement model for Islamic banks. International Journal of Islamic and Middle Eastern Finance and Management. https://www.emerald.com/insight/content/doi/10.1108/IMEFM-12-2018-0432/full/html

Triyuwono, I. (2011). ANGELS: Sistem Penilaian Tingkat Kesehatan (TKS) Bank Syari’ah. Jurnal Akuntansi Multiparadigma, 2(1). https://doi.org/10.18202/jamal.2011.04.7107

Wijaya, A. (2014). Satu Islam Ragam Epistemologi: Dari Epistemologi Teosentrisme ke Antroposentrisme. Pustaka Pelajar.

Wood, D. J. (2017). Corporate social performance revisited. Academy of Management Review, 16(4), 691–718. https://doi.org/10.5465/amr.1991.4279616

PlumX Metrics

Published
2022-06-11
Issue
Vol. 5 No. 1 (2022)
Section
Articles

Copyright (c) 2022 Luhur Prasetiyo

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

El-Barka: Journal of Islamic Economics and Business allow the author(s) to hold the copyright without restrictions and allow the author(s) to retain publishing rights without restrictions, also the owner of the commercial rights to the article is the author.