@article{Mohamad_Ali_Mohd Sharif_2016, title={DETERMINANTS OF MAQAÌ„SÌ£ID AL-SHARĪ‘AH-BASED PERFORMANCE MEASUREMENT PRACTICES: THE CASE OF MALAYSIAN ISLAMIC BANKS}, volume={24}, url={https://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/393}, DOI={10.31436/ijema.v24i1.393}, abstractNote={<p>This study aims at investigating the practice of <em>MaqaÌ„sÌ£id al-Sharī‘ah</em> based performance measures, determinants of its successful implementation and its impact on Islamic bank performance. Understanding the extent that Islamic banks are institutionalizing <em>MaqaÌ„sÌ£id al-Sharī‘ah</em> based performance measures (<em>MaqaÌ„sÌ£id</em><em> </em>PMs) will provide greater insights into the development of Islamic banking in achieving the Islamic financial system objectives. A total of 146 questionnaires were distributed to all business units of all 16 Islamic commercial banks in Malaysia. The study found that contrary to the contemporary scepticism, Islamic banks in Malaysia are indeed promoting and committed to achieving <em>MaqaÌ„sÌ£id al-Sharī‘ah</em> with the relevant performance measures in place. Specifically, the study found that performance measures for public interest and fairness are widely used by the Islamic banks. With communication technology and regulatory compliance, use of <em>MaqaÌ„sÌ£id al-Sharī‘ah</em> based performance measures as Islamic banks’ performance driver becomes more potent.</p>}, number={1}, journal={International Journal of Economics, Management and Accounting}, author={Mohamad, Muslim Har Sani and Ali, Muhammad Ahmar and Mohd Sharif, Ros Aniza}, year={2016}, month={Jun.}, pages={49–81} }