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All Journal Global Review of Islamic Economics and Business
Junchu, Yang
Unknown Affiliation
Economics, Econometrics & Finance

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Maqasid Shariah and Organizational Performance: A Systematic Literature Review Dasmadi, Dasmadi; Hadi, Syamsul; Junchu, Yang; Wahyuningtyas, Nabila; Wedadjati, Ratna Sesotya
Global Review of Islamic Economics and Business Vol. 12 No. 2 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2024.122-03

Abstract

This study aims to develop a Pentagon-Shaped Ethical Measurement framework based on Maqasid Shariah to assess organizational performance. The research employs a systematic literature review approach, analyzing scholarly works related to Maqasid Shariah and organizational performance. The study identifies relevant research from 2015 to 2024 using databases such as Scopus. The study finds that Maqasid Shariah is a comprehensive ethical framework for evaluating organizational performance. The findings suggest that integrating Maqasid Shariah into performance measurement enhances organizational credibility, corporate governance, and long-term sustainability. This study provides a Pentagon-Shaped Ethical Measurement framework based on Maqasid Shariah for evaluating organizational performance. Unlike previous research that mainly focuses on financial performance. Organizations can utilize Maqasid Shariah principles to develop a more balanced and sustainable performance assessment model. The study highlights the role of Maqasid Shariah in promoting social welfare, economic justice, and ethical business practices. Adopting a multidimensional performance framework contributes to long-term economic sustainability, fair wealth distribution, and corporate social responsibility (CSR).
Co-Authors dasmadi, dasmadi Syamsul Hadi Wahyuningtyas, Nabila Wedadjati, Ratna Sesotya