Implementation of Spiritual Capital in Islamic Perspective to Business Performance

Ziauddin Sardar, Muhammad Nafik Hadi Ryandono, Ririn Tri Ratnasari

2018

Abstract

This study aims to understand the spiritual capital in the Islamic perspective by conducting an underlying virtuous key analysis as reflected in business performance. The general definition of capital is the amount of money or material goods owned by the company. This kind of definition leads to the capitalism which is always related to money and material wealth. Today it has been developed what is called spiritual capital. Spiritual capital differs from other capital that generally has material resources. The value of religion cannot go hand in hand with the goals and interests of the organization. Similarly, in business the value of religion is only reflected when the rest time for prayer arrives and when it has come out of the mosque and back to the office then the task as a servant of God seemed forgotten. Based on the description, this research leads to the spiritual capital of business organizations as one of the important aspects of non-material in business performance. The motivation of this research cannot be separated from the guidance of Islam as a religious kaffah that has provided guidelines for human life in carrying the mandate. This research uses phenomenology method, which explores about organizational culture nuanced ukhuwah Islamiyah through interviews conducted. The study found some findings on the impact of Spiritual Capital-based ukhuwah Islamiyah covering several aspects including: intention, taqwa, ihsan, mutual trust, etqan, honesty, consultation, and patience as well as the role of spiritual leadership where for companies and individuals who instilled spiritual capital in his performance actually never releases the role of religion in the activities undertaken.

Paper Citation

in Harvard Style

Sardar Z., Nafik Hadi Ryandono M. and Tri Ratnasari R. (2018). Implementation of Spiritual Capital in Islamic Perspective to Business Performance.In Proceedings of the 2nd International Conference Postgraduate School - Volume 1: ICPS, ISBN 978-989-758-348-3, pages 181-185. DOI: 10.5220/0007539801810185

in Bibtex Style

@conference{icps18,
author={Ziauddin Sardar and Muhammad Nafik Hadi Ryandono and Ririn Tri Ratnasari},
title={Implementation of Spiritual Capital in Islamic Perspective to Business Performance},
booktitle={Proceedings of the 2nd International Conference Postgraduate School - Volume 1: ICPS,},
year={2018},
pages={181-185},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007539801810185},
isbn={978-989-758-348-3},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference Postgraduate School - Volume 1: ICPS,
TI - Implementation of Spiritual Capital in Islamic Perspective to Business Performance
SN - 978-989-758-348-3
AU - Sardar Z.
AU - Nafik Hadi Ryandono M.
AU - Tri Ratnasari R.
PY - 2018
SP - 181
EP - 185
DO - 10.5220/0007539801810185