Islamic Banking Management's Perspectives and Practices on Stakeholders

Achmad Soediro, Inten Meutia

2018

Abstract

This qualitative study aimed to explore the perspectives, understandings, and management practices of the management of Islamic financial institutions on their stakeholders. Information was explored with in-depth interviews. The respondents were the managers of Islamic banking at different levels of management, and Islamic microfinance institutions (baitul maal wa tamwil). This study found that there was a diverse but not deep and comprehensive knowledge about stakeholders are among the personnel of Islamic banking. This understanding was influenced by the level of education, level of management and division of tasks. This caused management to have difficulty in mapping and managing their stakeholders. Another finding was that a good and deep understanding of aqeeda and mu’amala provided awareness and sense of responsibility to the management to always pursue the benefit for all stakeholders even without the understanding of secular-based stakeholders. The goal of managing stakeholders in Islamic financial institutions must be in accordance with the objectives of sharia, namely maslaha.

Paper Citation

in Harvard Style

Soediro A. and Meutia I. (2018). Islamic Banking Management's Perspectives and Practices on Stakeholders.In Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - Volume 1: SEABC, ISBN 978-989-758-387-2, pages 584-594. DOI: 10.5220/0008442805840594

in Bibtex Style

@conference{seabc18,
author={Achmad Soediro and Inten Meutia},
title={Islamic Banking Management's Perspectives and Practices on Stakeholders},
booktitle={Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - Volume 1: SEABC,},
year={2018},
pages={584-594},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008442805840594},
isbn={978-989-758-387-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - Volume 1: SEABC,
TI - Islamic Banking Management's Perspectives and Practices on Stakeholders
SN - 978-989-758-387-2
AU - Soediro A.
AU - Meutia I.
PY - 2018
SP - 584
EP - 594
DO - 10.5220/0008442805840594