Khaliq Ahmad

Leadership and work motivation from the cross cultural perspective

Purpose – The purpose of this paper is to compare and contrast conventional management thought, its main features of leadership, and work motivation with those from an Islamic perspective. The paper fills in the literature gap that exists, despite the growing importance of a need for knowledge on management from an Islamic perspective.Design/methodology/approach – This paper is conceptual in nature. Therefore, the method adopted is descriptive and approached using revealed knowledge sources, as well as knowledge from conventional management literature from the cultural school of management thought.Findings – Leadership and motivational concepts in Islamic management are more comprehensive than the conventional theories. Islamic motivation frameworks also provide fundamentals for developing a strong Islamic leadership. Implications of these Islamic management concepts are not only confined to this materialistic world but also have connotation for subscribers of the belief of attaining eternal success in th...

Choice of allocation norms and perceived fairness of malaysia corporate management

This empirical study based on a survey in Malaysian organizations was conducted to investigate perceived justice in distribution of organizational resources. It was designed to study the issues such as recruitment, promotion, performance appraisal and distribution of other perks and benefits to the workforce. Assuming value differences in the major ethnic groups in the country, namely Malays, Chinese, Indians, and others, the study however, expected differences in allocation decisions made only in Malay and Chinese majority organizations. The findings indicated that, in general, merit was the most important norm of distribution of organizational resources. This was followed by need of the recipient and equality in terms of merit and need. Contrary to expectations, Malay‐dominated organizations had lower preference for relationship, political connection, power and status, race and gender, factors compared to the Chinese. However, perception of minority ethnic groups differed from the majority on several factors including fairness of the allocation decisions. The implications of the findings are discussed in the light of management practices and organizational culture in Malaysian organization.

Strategic management from an Islamic perspective : text and cases

While strategic management is a cornerstone of any MBA or business program, it’s almost always taught from conventional theories and typically American case studies. This book takes those traditional theories and interprets them from an Islamic perspective using more international case studies.

Policy Implications for Government and Higher Education in Pursuing Innovation

Innovation management and research must be a core element of the mission of higher education. It is a policy directive set by the government, which is often a major source of funding for educational needs in our country. The extent to which higher education institutions are engaged in research and development activities has a key role in determining the status and the quality of these institutions and the contribution, which they make to economic and social development. This paper attempts to answer the concerns and challenges faced by higher education institutions in Malaysia today

Contracts, Structures, and Computation Mechanisms of Islamic Bank Retail Financing Products: A Critical Assessment

This chapter discusses Islamic bank retail financing, its instruments, and operations. The discussion demonstrates that it is essential to have a banking system based on Shariah principles that fulfill the needs of Muslim consumers. The chapter examines the various personal financing products, their underlying Islamic contracts, and their computational mechanisms with appropriate examples. It also critically evaluates the products of Islamic bank retail financing. The availability of various personal financing instruments in Islamic banks allows Muslim consumers to achieve their financing needs. Moving forward, a greater variety of instruments that invite fewer Shariah issues must be offered in the market to ensure a more vibrant Islamic banking system.

Money in Islamic banking system

The idea of revisiting currency and the gold dinar from an Islamic standpoint is an interesting topic of discussion in the context of the current monetary system. This chapter examines the historical aspects and supremacy of a gold currency and the weakness of fiat money using a maslahah-mafsadah approach. It considers some possible alternative forms of gold as money and then discusses some obstacles and barriers in the hope of finding a model of gold as money to implement in the current economic system. A deductive method is used to explore the implementation of a gold currency based on historical study and library research. The findings reveal that money is not limited to gold and silver. However, by deriving new law from original law process, the law (hukm) of gold or silver as money is permissible.