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Organisational ethical decision-making in Islamic financial institutions: A conceptual framework
Conference paper

Organisational ethical decision-making in Islamic financial institutions: A conceptual framework

N. Alziyadat and H. Ahmed
30th Annual Conference of the Australian New Zealand Academic for Management (ANZAM): Innovating for Sustainable and Just Future (Brisbane, Australia, 06/12/2016–09/12/2016)
2016
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Abstract

Departing from the Islamic perspectives on ethics, this paper develops a conceptual framework for ethical decision making in Islamic financial institution. While making use of the similarities between the scientific method and the Islamic jurisprudence method, the framework is developed by means of argumentation and reasoning to integrate Sharia doctrines with the PDCA cycle as a managerial tool. The framework can help overcoming the methodological deficiencies in measuring ethical performance by focusing on the process of the ethical decision making that leads to the end results of the organisational behaviour rather than the end results themselves.

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