Influence of taqwa (piety) on sustaining corporate governance of zakat institutions

Mhd. Sarif, Suhaimi (2021) Influence of taqwa (piety) on sustaining corporate governance of zakat institutions. AZKA International Journal of Zakat and Social Finance, 1 (2 (Special Issue)). pp. 149-161. ISSN 2735-1890 E-ISSN 2716-6643

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Abstract

This study examines the influence of taqwa (piety) on sustaining corporate governance. Taqwa (piety) manifests sincerity, integrity, wisdom, and persistency in generating ethical decisions and actions. Organizational corporate governance is in the hands of gatekeepers, employees, and other stakeholders of organizations. Any inadequacy of ethical decisions and actions is a reflection of deficit in taqwa (piety). This study uses personal interview to solicit the views of selected gatekeepers and executives of zakat institutions in Southeast Asia pertaining to the influence of taqwa (piety) level of the gatekeepers in sustaining good corporate governance in zakat institutions. The gatekeepers argued that professionalism and transparency are embedded in the code of conduct for professionals. The legal abiding behavior is confined within the scope of the code of conduct. Beyond legal obligation is the social obligation. The executives contended that taqwa (piety) is the essential spiritual strength to sustain ethical action through corporate governance. The study argued that taqwa (piety) in ethical leadership sustains organizational corporate governance.

Item Type:	Article (Journal)
Additional Information:	3328/88568
Uncontrolled Keywords:	Corporate governance; ethical leadership; taqwa (piety)
Subjects:	BPH Islamic Economics > BPH531 Zakat
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User:	Dr Suhaimi Mhd Sarif
Date Deposited:	24 Feb 2021 17:13
Last Modified:	24 Feb 2021 17:13
URI:	http://irep.iium.edu.my/id/eprint/88568

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