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dc.contributor.authorHamidi, ML
dc.contributor.authorWorthington, AC
dc.date.accessioned2021-10-20T04:01:35Z
dc.date.available2021-10-20T04:01:35Z
dc.date.issued2021
dc.identifier.issn1759-0833en_US
dc.identifier.doi10.1108/JIMA-02-2021-0036en_US
dc.identifier.urihttp://hdl.handle.net/10072/409154
dc.description.abstractPurpose: This paper aims to extend the existing triple bottom line framework (Prosperity, People and Planet [so-called 3Ps]) with a new dimension, namely, Prophet, to reflect Islamic values (the now 4Ps) for banks seeking compliance with Islamic religious principles. Design/methodology/approach: This study conducts a survey of 504 Islamic bank stakeholders across six provinces in Indonesia and use regression analysis to test the applicability of the 4Ps. This paper further examines their application in two large Islamic banks in Indonesia and Malaysia. Findings: The models are all highly significant and well reflect a broad stakeholder perspective on bank performance. Of the four elements, this study finds stakeholders rank Prosperity first, followed by Prophet and then Planet. The case studies strengthen the application of the new Prophet dimension as a way for Islamic banks to improve their financial, social and economic performance, particularly during periods of financial distress. Research limitations/implications: This study only uses survey data from a single country, and this may limit the generalizability of the findings. Practical implications: Practitioners will find the quadruple bottom line useful in assessing organizational performance, as will regulators seeking to improve the social and economic outcomes of the Islamic banking sector. Originality/value: This paper internalises maqasid al-syari’ah (the most basic goal of Islamic law) as a simple but essential approach to organizational performance using empirical evidence from a real-world banking setting.en_US
dc.description.peerreviewedYesen_US
dc.languageenen_US
dc.publisherEmeralden_US
dc.relation.ispartofjournalJournal of Islamic Marketingen_US
dc.subject.fieldofresearchIslamic studiesen_US
dc.subject.fieldofresearchBanking, finance and investmenten_US
dc.subject.fieldofresearchPolitical economy and social changeen_US
dc.subject.fieldofresearchcode500403en_US
dc.subject.fieldofresearchcode3502en_US
dc.subject.fieldofresearchcode440404en_US
dc.titleBeyond the triple bottom line: Prosperity, People, Planet, and Prophet in Islamic bankingen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Articlesen_US
dcterms.bibliographicCitationHamidi, ML; Worthington, AC, Beyond the triple bottom line: Prosperity, People, Planet, and Prophet in Islamic banking, Journal of Islamic Marketing, 2021en_US
dc.date.updated2021-10-17T22:57:54Z
dc.description.versionAccepted Manuscript (AM)en_US
gro.description.notepublicThis publication has been entered in Griffith Research Online as an advanced online version.en_US
gro.rights.copyright© 2021 Emerald. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.en_US
gro.hasfulltextFull Text
gro.griffith.authorWorthington, Andrew C.


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