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ETHICAL CORPORATE GOVERNANCE BASED ON ISLAMIC PERSPECTIVE Dianidza Arodha
Accounting Journal of Ibrahimy (AJI) Vol 3 No 1 (2025): April
Publisher : Program Studi Akuntansi, Fakultas Ilmu Sosial dan Humaniora, Universitas Ibrahimy Situbondo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35316/aji.v3i1.7036

Abstract

This study explores the concept of ethical corporate governance from an Islamic perspective, emphasizing integrating moral values and Shariah principles in modern organizational management. Unlike conventional corporate governance models that focus primarily on regulatory compliance and shareholder interests, the Islamic approach centers on accountability to Allah (God), ethical leadership (amanah), justice (adl), and social responsibility (maslahah). This paper analyzes key elements of corporate governance—such as transparency, accountability, fairness, and commitment—through the lens of Islamic teachings derived from the Qur'an and Hadith. By examining contemporary case studies and theoretical frameworks, the study demonstrates how Islamic ethical principles can strengthen governance structures, promote trust, and prevent corruption in both private and public institutions. The findings suggest that applying an Islamic ethical framework to corporate governance enhances organizational integrity and contributes to sustainable economic development and societal well-being. This research contributes to the growing discourse on ethical business practices and offers practical insights for Muslim-majority countries seeking to align corporate behavior with Islamic values.
Can Muslim Communities Empower through Ethnic-based? A Case Study in Indonesia Dianidza Arodha; Maya Panorama; Moh. Syawaludin; Khairunnisa Musari
International Journal of Islamic Khazanah Vol. 15 No. 1 (2025): IJIK
Publisher : UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/ijik.v15i1.48990

Abstract

This study examines determinants and praxis of economic and social empowerment among Ethnics Muslim communities. It introduces the TENGKA model (Trust, Effort, Networking, Keeping, Active) as a culturally embedded framework for empowerment. Using an explanatory sequential mixed-methods design, the research identifies how physical capital, human capital, social capital, and the competence of empowerment actors shape empowerment outcomes. Empirical findings show that human capital, social capital, and actor competence significantly influence empowerment; local practices: aresan, sombhengan-bhelin, bhetonan, pesantren, madrasah, KOPWAN, lobenyu, posyandu, and PAMSIMAS, function as operational manifestations of social capital and Islamic-infused local wisdom. The paper advances the theoretical contribution by explicitly linking the TENGKA components to Islamic intellectual heritage (Qur'anic injunctions, Prophetic hadith, and classical and contemporary scholarship), and situates TENGKA alongside ACTORS and Ibn Khaldun’s ashabiyah to highlight complementarities and differences. We discuss transferability to other Muslim communities and propose practical implications for policy design and community-based interventions. The study contributes empirically and theoretically to scholarship on Islamic community empowerment and offers an operational model for culturally sensitive programs.