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Abstract Topic: Islamic Management and Leadership

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Does Blending Islamic Finance and Impact Investing Need a Specially Tailored Management Framework? A Literature Study
(1) Muhamad Rizky Rizaldy, (2) Vita Arumsari, (3) Putri Syifa Amalia

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Corresponding Author
Muhamad Rizky Rizaldy

Institutions
(1) Universitas Gunadarma, (2) Politeknik Negeri Semarang, (3) STEI Tazkia

Abstract
The discourse in integrating social and financial functions of Islamic financial institution has emerged as an intellectual critique since it has arguably deviated from the Islamic moral economic expectation. This argument is further supported by the advent of the urgency of combining Islamic finance with impact investing, which should have been in its endogenous facet. We found a number of research papers with well-established theories that Islamic financial and economic institutions, as distinct organizations, require a distinct management framework to be able to achieve their multidimensional purposes. This paper argues that a hybrid organizational management framework could be the most appropriate existing framework to be utilized regarding mission drift and dysfunctional effect that might happen within the hybrid organizations. Hence, this paper provides notion for leaders to develop hybrid organizations in terms of time needed for leaders to develop, selective criterion in hiring, different types of organizational structures, and the need of new parameter.

Keywords
Islamic management; Islamic leadership; Islamic financial institution; Social impact; Hybrid organization; Impact investing

Topic
Islamic Management and Leadership

Link: https://ifory.id/abstract/mbU6NM842xZV


Gender Equality on Spiritual Leadership Mechanism to Influence Organizational Citizenship Behavior in Indonesia
Willson Gustiawan

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Corresponding Author
Willson Gustiawan

Institutions
Padang State Polytechnic

Abstract
Perception difference between male and female employees often escapes from researchers attention, since such diversity is believed plays an important role and greatly influences leaders and followers behavior, and in turn affects organizational outcomes. This study aims to verify the spiritual leadership model using 246 Indonesia employees and to reveal whether there is any difference perception between male and female employees on spiritual leadership mechanism. There was dissagreement on gender equality in organization, whether employees are equal or different on their perception in organizational behavior. This study is advocated to prove where it should stand for. Quantitative method process is used to verify the spiritual leadership model. The results show that the research variables are reliable and valid. After simplifying research construcs into spiritual leadership, spiritual well-being and organizational citizenship behavior, the whole model reaches its model goodness of fit and all hypotheses are verified. These results confirm the perspective of spiritual leadership and generalization of the theory to Indonesia setting. And, there is no different perception between male and female employees on spiritual leadership mechanism; gender has no significant effect and thus gender equality exists on the model.

Keywords
spiritual leadership theory, Indonesia, gender equality, organizational citizenship behavior

Topic
Islamic Management and Leadership

Link: https://ifory.id/abstract/muRy7QNbHUzY


The Mediating Role of Islamic Work Ethic on The Relationships between Servant Leadership and Employee Performance in Sharia Bank Industry
Devi Yulia Rahmi (a*), Mega Dwi Septivani (b)

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Corresponding Author
Devi Yulia Rahmi

Institutions
a) Department of Management, Faculty of Economics, Campus II Payakumbuh Andalas University
H. Rasuna Said 192, Payakumbuh 26213, Indonesia
*deviyuliarahmi[at]gmail.com
b) Department of Management, Faculty of Economics and Bussiness, Universitas Gadjah Mada
Bulak Sumur, Yogyakarta 55281, Indonesia

Abstract
In the philosophy of Islam, leadership and management are very fundamental. This is because leadership is a very significant instrument in realising an ideal society. The purpose of this study is to see the idea of leadership in sharia banks in Indonesia. This was accomplished by a research model to see the effect of servant leadership on employee performance and the influence of Islamic work ethic as mediation in the relationship between servant leadership and employee performance in the sharia banking in Indonesia. In line with the general purpose mentioned, the explanatory approach was used to test the preposition. Analysis of data obtained from 150 questionnaires was distributed to empoyees of sharia bank in Indonesia. After the data was collected, then it is analyzed using simple regression anlysis and regression analysis MODMED PROCESS. The expected of current study show that servant leadership have a significant effect on islamic work ethic, and Islamic work ethic have a possitive effect on employee performance. Additionally, Islamic work ethic plays as mediating effect between servant leadership and employee performance in sharia bank industry. This current study offes leaders of sharia banks the opportunity to create an ethical and Islamic work environment and build leadership qualities that protect and serve members who are led. The originality or value of the study offers the reflection of one of the leadership styles that are in accordance with the principles of leadership in Islam.

Keywords
employee performance, Islamic work ethic, servant leadership, sharia bank industry

Topic
Islamic Management and Leadership

Link: https://ifory.id/abstract/zujKhm4XQNR2


THE MODERATING ROLE OF ISLAMIC WORK ETHICS (IWE) IN RELATIONSHIP BETWEEN ORGANIZATIONAL COMMITMENT, JOB SATISFACTION AND TURNOVER INTENTION: STUDY IN ISLAMIC BANKING IN DKI JAKARTA
Umma Saidah(a) ; Ratna Anggraini ZR (b)

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Corresponding Author
umma saidah

Institutions
a) MUC Consulting Group (Registered Tax Consultant)
ummasaidah18[at]gmail.com

b) University of Malaya
r.anggrainizr_unj[at]yahoo.com

Abstract
The role of Islamic Moderation Work Ethics (IWE) the relationship between Organizational Commitment, Job Satisfaction and Intention to Turn Over: Studies in Islamic Banking in Jakarta. Understanding business ethics from an Islamic perspective becomes important for several reasons. Muslims make up the largest population with about 22.5% of the world population and the global Muslim population is growing 1.5 times faster than the general population (Johnson and Grim 2013). See the phenomenon and the results of previous studies, the researchers were motivated to conduct research under the The Moderating Role Of Islamic Work Ethics (Iwe) In Relationship Between Organizational Commitment, Job Satisfaction And Turnover Intention: Study In Islamic Banking In DKI Jakarta. The research model is in contrast to previous studies. This research study is basically back from (Arshad Mahmood, 2015). In a previous study using the Public Sector places in Pakistan. While in this study, researchers used the Islamic Banking Sector in Jakarta as a place of research and Job Satisfaction adding variables as suggested by previous researchers. With the number of respondents was 109 then produced few results until eventually there is a significant effect with the Islamic Work Ethics there also does not produce significant results with each other. The Methodology that used in this paper are Structural Equation Modelling (SEM) with Smart PLS &SPSS Application.

Keywords
Islamic Work Ethics, Islamic Banking, Turnover Intention

Topic
Islamic Management and Leadership

Link: https://ifory.id/abstract/7vqAQBhyaGnr


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