Operations management from islamic perspective

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Operations management from islamic perspective

A case is built up initially by establishing that such research is scanty and then the reasons for scholarly disinterest and the measures possible to deal it with are discussed.

The central theme of the paper is built on a typology of approaches. Simultaneously, four directions of research are identified in terms of the environment, organization, relationship of the organization to the environment, and the effective management of organizations.

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A research framework is evolved on the basis of these four directions. When the research framework is meshed with the research approaches, a broad canvas for research emerges which then leads to the identification of research issues. The paper proceeds to propose certain other aspects for research agenda in terms of the levels of analyses, choice of research design, research methods and time frame.

M10, Z12 Key words: Islamic perspective; Research in management studies, Islamization of knowledge. I am indebted to my colleagues at the Department of Business Administration, International Islamic University Malaysia for their critical comments and to Dr.

A review of the existing literature on the subject indicates that it is a neglected and relatively unexplored area for research work.

Operations management from islamic perspective

A significant departure from the conventional research in management studies takes place when Islamic perspectives are described and discussed on the basis of Operations management from islamic perspective revealed sources of Islamic knowledge considering them as valid for the purpose of research.

Besides these, there is potential for applying conventional research methodology to generate significant and meaningful perspectives from Islamic sources.

This paper looks at the significant developments taking place in research on issues related to Islamic perspectives on management studies and attempts to identify some specific challenges in this emerging field of inquiry. I have tried to organize my ideas around significant research themes and incorporate them into a broad research agenda in the field of Islamic perspectives on management studies.

The paper, therefore, is an account not only of a proposed agenda incorporating research themes but also suggests the choice of research design, levels of analyses, methodologies and the time frame for research. The purpose of this paper is to crystallize my own thinking on the issue and to share it with, and motivate fellow academicians to focus their research energies, coupled with their religious and spiritual fervor, into time-bound purposeful research activities that may provide them the satisfaction of venturing into a field of inquiry the time for which seems to have arrived.

I start with a critical glance at the existing literature aimed at identifying the tenor of efforts at present. By way of a prologue to the paper, the question of why research in the area has not attracted the attention of academicians and what the probable causes could be is followed by a brief section on what measures could be undertaken to deal with this lack of interest.

The core of the paper, related to the contours of a research agenda, follows this prologue. The proposed research agenda is built around ten sub-themes as below. My criticism is limited to the publications available in English; therefore, it is quite likely that it ignores some important contributions that have been made in languages other than English.

But here there is some consolation: It is noted that the decade of the s is the starting point of works in the area of Islamic perspectives on management studies except for a very few studies reported in the s.

Edited by Chad Meister

Not many works are reported during the decade of s either. The appearance of works in the s is significant from the point of view of its timing.

The decade of s saw a significant movement in the Islamization of knowledge project around the world. Another observation I can make is that the attempt to Islamize management studies is a part of a trend that is observed elsewhere in management studies.

The s is also the decade in which initial skepticism begins to appear with American perspectives on management studies. This is also the time when Americans themselves start taking a critical look at their own perspectives.

Possibly this is catalyzed by the stiff competition posed by the Japanese manufacturers to the US firms. On the other hand, there is increasing awareness in non-Western cultures of their own heritage.

Finding that American management perspectives are not invincible in terms of their practical applicability and are liable to fail or to address inadequately the issues in managing, scholars in Chinese and Indian-Hindu cultures, for instance, too started a search for knowledge and wisdom in their own backyard.Overview of the Regulatory Framework Governing the Islamic Banking and Finance Operations in Malaysia –Central Bank’s Perspective DRAFT 11 Dr.

Hamim Syahrum Ahmad Mokhtar [email protected] ü8 approved Islamic fund management companies. Information And Communication Technology In Banking Operations (E-Banking): From The Perspective of Malaysian Islamic Bankers 1 I. Nurul, 2 Damhuji 1 Y.

IFSB-BIBF Islamic Finance Executive Programme – BIBF – Bahrain Institute of Banking & Finance

Liu, 1 A. This article examines religious diversity from an Islamic perspective, Islam's relations with Christianity and Judaism, modernism, liberalism, and fundamentalism. We use cookies to . financial inclusion through Islamic perspective Microfinance operations based on Islamic endowments (Waqf and Zakat) Product Development 1.

Supplier [s redit through Istjrar Agreement 2. Agricultural Supply Chain Financing for Small Rice Farmers in Simple financial management.

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The Islamic perspective of stakeholder management can be further extended to include another three axioms: adl (social justice), rububiyah (nourishment and directing things their perfection) and tazkiyah (growth with purification) 8.

BUSINESS FINANCING: An Islamic Perspective Dr. Shujaat Ali Khan. Our Creator, Allah, the Gracious, called management, is responsible for the business operations, procurement of raw materials, hiring and firing of labor, marketing of goods, etc. Depending upon the type of contract, the management would be entitled to compensation such as.

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