PERCEPTIONS OF STAKEHOLDERS AND NON-CUSTOMERS TOWARDS ACCOUNTABILITIES PRACTICES OF ISLAMIC BANKS: EVIDENCE FROM MULTIPLE CONTEXTS
Journal Title: MSA-Management Sciences Journal (MSA-MSJ) - Year 2023, Vol 2, Issue 2
Abstract
This study aims to determine the perceptions and expectations of stakeholders regarding the Sharia, social, and financial practises of Islamic banks (IBs) and those of non-customers who do not contact with IBs. Using survey questions from samples drawn from 15 different countries, it also intends to build a pyramid of Islamic banks' accountability based on the opinions of the two groups (600 stakeholders and 600 non-customers). The responsibility pyramid for IBs demonstrates that social and financial accountability for the two groups come after Sharia in importance. It also demonstrates that the primary criteria used by stakeholders to choose IBs were financial, social, and then Sharia considerations. Stakeholders who work with IBs are pleased with these banks' business practises. Both of the two clusters think that IBs may be guided by social, financial, and Sharia goals. As far as we know- this is one of the original empirical studies that evaluate the IBs' procedures for stakeholders and non-customers from various contexts. The findings have significant theoretical and practical implications for the community of IBs; investors and regulators.
Authors and Affiliations
Sherif El-Halaby Khaled Hussainey
Keywords
Related Articles
- EP ID EP715246
- DOI -
- Views 70
- Downloads 0
Balancing Technocentric and Ecocentric Approaches: Integrating Ethnocultural Perspectives in Environmental Policies of Finland and Bhutan
This study delves into the intricate relationship between technology, ecology, and culture and its significant implications for environmental policies and marketing strategies on a global scale. By focusing on Finland an...
THE EFFECTS OF EXTRACURRICULAR ACTIVITIES & GPA ON EMPLOYABILITY OF EGYPTIAN STUDENTS OF PUBLIC & PRIVATE UNIVERSITIES
As the job market is getting fiercer every day, college degree is no longer a stand-alone metric (Tomlinson, 2008) that can distinguish between applicants especially in a country where education is very affordable li...
The Moderating Role of Board Governance on the Relationship Between Managerial Overconfidence and Corporate Risk: Evidence from Emerging Markets
The study investigated the effect of managerial overconfidence on corporation risks within the moderator role of board governance in Brazil, Egypt, India, Russia, Saudi Arabia, South Africa, and Turkey as emerging market...
THE IMPACT OF MONETIZATION ON THE TUNISIAN ECONOMY USING A SIMPLE DSGE MODEL
The presence of money in the economy is mostly considered obvious. This paper investigates the effect of monetization on the Tunisian economy with a Dynamic Stochastic General Equilibrium (DSGE) model. The article...
Empirical Evidence on Testing the Efficient Market Hypothesis in Egypt: Case of Currency Devaluation
The impact of economic events on stock markets and their reflection on returns of financial markets, has been an area of profound importance. Hence, based on importance of the currency devaluation on the economic develop...