The Basic Theory of Corporate Governance in Islamic Perspective
DOI:
https://doi.org/10.22373/jms.v18i2.1921Keywords:
Corporate Governance, Accountability, Amanah, Khalifatullah Fill Ardh.Abstract
Recent studies that discuss governance in Islamic perspective have been done by various Islamic researcher including Abu-Tapanjeh (2008), Hassan (2009), Haweez (2013), etc. Most this research used the theoretical approach given in conventional corporate governance and provide additional Tahwid concept. The studies in-depth explanation of relationships between governance and Sharia principles (Islamic Law) is very limited therefore this paper tries to discuss and establish the basic theory of corporate governance based on Islamic Law. The approach used in this paper is the concept of human accountability (Amanah) on the mandate given by Allah SWT as Khalifatullah Fill Ardh. This paper expected can explore new approach to explain corporate governance in Islamic perspective.References
Al-Quran, [Online], Available: http://quran.com/
Abu-Tapanjeh, Abdussalam Mahmoud (2008) ‘Corporate Governance from the Islamic Perspective: A Comparative Analysis with OECD Principles’, Critical Perspectives on Accounting, vol. 20, no. 5, July, pp. 556-567.
Amien, Miska Muhammad (1983) ‘Epistemologi Islam: Pengantar Filsafat Pengetahuan Islam’, Jakarta: UI Press.
Bakar, Bahrun Abu and Bakar, Anwar Abu (2000) ‘Terjemahan Singkat Tafsir Ibnu Katsier’, Bandung: Sinar Baru.
Bovens, M. (2007) ‘Analysing and Assessing Accountability: A Conceptual Framework’, European Law Journal, vol. 13, no. 4, July, pp. 447–468.
Carrasco, Enrique R., Carrington, Wesley, and Lee, Heejin (2008) ‘Governance and Accountability: The Regional Development Banks’, [Online], Available: Error! Hyperlink reference not valid.
Chapra, M. Umer and Ahmed, Habib (2002) ‘Corporate Governance in Islamic Financial Institutions’, Occasional Paper, Islamic Development Bank: King Fahad National Cataloging-in-Publication Data, [Online], Available:
Downloads
Published
Issue
Section
License
MEDIA SYARI'AH: Wahana Kajian Hukum Islam dan Pranata Sosial has CC-BY-SA or an equivalent license as the optimal license for the publication, distribution, use, and reuse of scholarly work. Authors who publish with this journal agree to the following terms:
1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
You are free to:
Share — copy and redistribute the material in any medium or format.
Adapt — remix, transform, and build upon the material for any purpose, even commercially.
The licensor cannot revoke these freedoms as long as you follow the license terms.
All papers published in MEDIA SYARI'AH: Wahana Kajian Hukum Islam dan Pranata Sosial are licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.