Online Journal of Islamic Management and Finance (OJIMF)

أثر الامتثال على الحوكمة الشرعية في المصارف الإسلامية

Nagi Hamd Saleh Hamd, Asmuliadi Lubis, Mohd Abd Wahab Fatoni Mohd Balwi — Tue, 31 Oct 2023 00:00:00 +0800

The study aims to identify the impact of compliance on Sharia governance in Islamic banks in Libya and Jordan. To achieve the objectives of the study, the research model is designed based on previous studies on the relationship between the research variables. The study sample includes a number of employees of Islamic banks in Libya and Jordan. Based on the quantitative approach in this research, all variables were tested by way of the SPSS application and the AMOS statistical software package. Out of 225 copies, (204) samples were collected from the employees of these banks whereby 21 questionnaires were excluded. The study has reached some findings, the most important of which is that there is a statistically significant effect of compliance on Sharia governance in Islamic banks in Libya and Jordan at a significant level of 0.05. It is also clear that the strength of the correlation is high, indicated by the high level of confidence and the high level of assumption amounting to 0.745. The findings also indicate the positive trend of this relationship, that is, compliance is directly proportional to the Sharia governance of the employees of Islamic banks in Libya and Jordan. The study also suggests some recommendations, the most important of which are: That banks should have a general and clear guide and framework for the principles of Sharia governance, and for compliance with laws and Sharia in addition to clearly defining functions. The study advises Islamic banks to deliberate on compliance by adopting and developing compliance functions and establishing an effective management system to evaluate compliance.

DECISION TO USE ISLAMIC BANKS DURING ECONOMIC UNCERTAINTY. DOES PERCEIVED SECURITY MODERATE THE PROCESS?

Fariza Rachman, Ilhaamie Abdul Ghani Azmi, Hening Widi Oetomo — Tue, 31 Oct 2023 00:00:00 +0800

This paper aims to examine the effect of Islamic marketing mix implementation and the moderating role of perceived security towards Islamic bank customers' decisions in the context of economic uncertainty, by taking place at Surabaya, Indonesia. A strong connection between Islamic bank achievement and economic adversity has been affirmed by multifarious research, however; the perceived security among recent IB customers is less discussed. Measuring the influence of Islamic bank marketing mix implementation towards its customers’ decision making combined with perceived security as the moderating variable is somewhat not as sound as it should be. This is the gap that the researchers want to fill. This paper utilizes Structural Equation Modelling (SEM) and Moderating Regression Analysis (MRA) as the analysis technique, along with Confirmatory Factor Analysis (CFA). The significancy test shows that the perceived security does not present any moderating effect, yet, it acted as the second significant independent variable together with the IB’s Islamic marketing mix, towards the decision-making. Put simply, it means that the respondents deliberately sought security from Islamic banks to confront, or anticipate economic uncertainty.

INFLUENCE OF TARBIYYAH IN CONSUMER EDUCATION AND ADVOCACY IN EMPOWERING INDIVIDUAL CONSUMERS FOR EFFICIENT CONSUMER PROTECTION

Suhaimi Mhd Sarif, Yusof Ismail, Dolhadi Zainudin — Tue, 31 Oct 2023 00:00:00 +0800

This paper investigates the effect of tarbiyyah (a systematic education system) on consumer education and advocacy, concentrating on its role in empowering individuals for effective consumer protection. The purpose of this study is to determine how tarbiyyah influences consumer behaviour and promotes responsible consumption, thereby contributing to Sustainable Development Goal 12 (SDG 12) on responsible consumption. An in-depth examination of the experiences and viewpoints of three consumer advocates who are included in the research's scope is made possible via qualitative personal interviews. Two primary research objectives have been identified: first, to examine the effect of tarbiyyah on consumer education and awareness; and second, to evaluate its efficacy in empowering individuals to safeguard their rights as consumers. The results emphasise the importance of a structured tarbiyyah education system in influencing consumer behaviour and encouraging responsible consumption. The study highlights the pragmatic ramifications for consumer associations and civic organisations involved in promoting conscientious consumer behaviour, underscoring the significance of incorporating tarbiyyah principles into their instructional curricula. By offering insights into empowering people for effective consumer protection, this research adds to the general knowledge of the function of tarbiyyah in consumer education and advocacy. The study has a limitation in that it is based solely on three consumer advocates, which may not fully represent the broader consumer population. While this sample size is suitable for qualitative research to ground insights, it may not effectively capture quantitative aspects and statistical significance. Nonetheless, the study still offers valuable insights into the potential impact of tarbiyyah on consumer behavior. and its contribution to Sustainable Development Goal 12.

RELATIONSHIP BETWEEN EMOTIONAL INTELLIGENCE AND SELF-LEADERSHIP IN ZAKAT INSTITUTIONS IN MALAYSIA

Anis Syamila Abdul Halim, Ilhaamie Abdul Ghani Azmi — Tue, 31 Oct 2023 00:00:00 +0800

Zakat institutions have been growing especially in Malaysia as one of the Islamic countries. Zakat institutions serve as Islamic organizations in handling everything that related to Zakat such as collection and distribution within the state in Malaysia. The image of Zakat employees is reflected in how they managed themselves especially in emotional intelligence. This research is conducted to study the relationship between self-leadership and emotional intelligence of Zakat employees in Malaysia. This quantitative study has collected 208 samples of Zakat employees from three states in Malaysia through online surveys. Descriptive analysis and inferential statistics were used via IBM Statistical Package for the Social Sciences (IBM SPSS) software. The findings showed that there is positive correlation between self-leadership and emotional intelligence (r= 0.776) of the Zakat employees. From the best knowledge of authors, this study is among the first conducted in Malaysia especially covering among Islamic organizations. This study contributes to future undertaking of Zakat organizations to improve especially self-leadership and emotional intelligence among its employees.

التجربتين العُمانية والماليزية في إدارة الوثائق والمحفوظات: دراسة مقارنة

Sulaiman Saleh Said AlRashdi , Asmuliadi Lubis, Fadillah Mansor — Tue, 31 Oct 2023 00:00:00 +0800

This article aims to provide a forward-looking vision by comparing the Omani and Malaysian experiences in records management and archives, and highlighting the common aspects between them despite the time difference in their establishment. The problem of the study can be formulated in the following question: What are the similarities and differences between the Omani and Malaysian experiences in records management and archives? The study seeks to highlight the importance of investing in the similarities between the two experiences in order to serve workers and specialists in the field in particular, and the field of records and archive management in general. The study relies on the survey methodology by examining the two experiences and describing each experience through several points represented in origin, international standards, and electronic management of records, regional branches, and attention to oral history, private documents, conferences and exhibitions. The study community consists of the authority responsible for supervising this field in both countries, as the National Records and Archives Authority represents the authority responsible for supervising the system in the Sultanate of Oman and the Malaysian National Archives in the Federal Kingdom of Malaysia. Among the most prominent findings of the article: There is a great similarity between the two experiences in many aspects, despite the old Malaysian experience in the management of records and archives.

:SEO & SEMالتسويق عبر محركات البحث أهميتها وفوائدها وطريقة عملها واستراتيجياتها ومدى موافقتها مع الشريعة الإسلامية

Imad Ahmed Salem Mubarak Al-Rawas, Ilhaamie Abdul Ghani Azmi, Issa Khan — Tue, 31 Oct 2023 00:00:00 +0800

Search engine marketing is one of the latest means of e-marketing in the modern era, as it is known by the term (SEO) Search Engine Optimization, one of the completely new ways that marketers use through the use of modern digital tools in order to reach customers, and the main goal of it is to facilitate the link between marketing companies and users When anyone searches through search engines, the link, video, or marketing images appear to them at the top of the search results, which helps them to decide to enter and possibly buy, and therefore the better your pages appear in the search results, the more likely it is to attract attention and attract potential and existing customers to your business. As reports indicate that in 2019, more than $55 billion was spent on search engine marketing, and studies and projections indicate that spending could exceed $86 billion by 2023, which is a huge number and a very strong indicator of the importance of e-marketing for small businesses. The current study follows the descriptive approach by explaining and describing methods, programs, and most important marketing strategies through search engines, where the importance of the research lies in presenting scientific material that highlights the importance of modern marketing methods to enhance the performance of institutions, develop their work, and explain their legal ruling. One of the most important theoretical results of the study is that search engine optimization (SEO) has significant positive results by influencing the number of user visits to small and medium-sized companies' websites, increasing the average duration of user visits, as well as the company's overall sales and revenues generated.