Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad

The assessment of Islamic banks performance is still underexplored thus limiting a better perspective of performance evaluation for Islamic banking as a whole.Improvements are needed to further enhance the quality and performance of their products and services. This study enhanced the Balanced Scor...

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Main Author:	Nik Muhamad, Nik Aiman
Format:	Thesis
Language:	English
Published:	2015
Subjects:	Malaysia Financial management. Business finance. Corporation finance
Online Access:	http://ir.uitm.edu.my/id/eprint/16028/ http://ir.uitm.edu.my/id/eprint/16028/1/TM_NIK%20AIMAN%20NIK%20MUHAMAD%20AC%2015_5.PDF

id	uitm-16028
recordtype	eprints
spelling	uitm-160282016-12-29T01:49:32Z http://ir.uitm.edu.my/id/eprint/16028/ Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad Nik Muhamad, Nik Aiman Malaysia Financial management. Business finance. Corporation finance The assessment of Islamic banks performance is still underexplored thus limiting a better perspective of performance evaluation for Islamic banking as a whole.Improvements are needed to further enhance the quality and performance of their products and services. This study enhanced the Balanced Scorecard (BSC) model based on the attributes of Kaplan and Norton’s BSC (1992, 1996, 2001). The model was operationalized using a survey that was administered to the Islamic banking personnel. The thesis attempted to answer three research questions: (1) What are the attributes from the integration of BSC and Shariah Compliance measures used in the performance measurement system of Malaysian Islamic Banks?; (2) What is the relationship between Shariah Compliance and BSC measures with the performance of Islamic banks?; and (3) What are the Shariah Compliance and BSC measures used by the successful Islamic banks? This study conceptualized Kaplan and Norton’s (1996, 2001) Balanced Scorecard and comparing this to the performance measurement systems of Malaysian Islamic banks. The study also introduced a guideline of Shariah Compliance and BSC measures to be used by Islamic banks in order to improve their performance. This study was done with a slight difference in conceptualization of Kaplan and Norton’s BSC and applied to a Malaysian setting namely Islamic banks. From the findings, there was a positive relationship between BSC measures, Shariah Compliance attributes and Islamic banking performance. Banks which used all the BSC and Shariah measures in the study also known as exemplar improved their performance tremendously. A structure for performance measurement were introduced as a guideline for Islamic banks potential use to enhance and increase their performance. 2015 Thesis NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/16028/1/TM_NIK%20AIMAN%20NIK%20MUHAMAD%20AC%2015_5.PDF Nik Muhamad, Nik Aiman (2015) Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad. Masters thesis, Universiti Teknologi MARA.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Malaysia Financial management. Business finance. Corporation finance
spellingShingle	Malaysia Financial management. Business finance. Corporation finance Nik Muhamad, Nik Aiman Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad
description	The assessment of Islamic banks performance is still underexplored thus limiting a better perspective of performance evaluation for Islamic banking as a whole.Improvements are needed to further enhance the quality and performance of their products and services. This study enhanced the Balanced Scorecard (BSC) model based on the attributes of Kaplan and Norton’s BSC (1992, 1996, 2001). The model was operationalized using a survey that was administered to the Islamic banking personnel. The thesis attempted to answer three research questions: (1) What are the attributes from the integration of BSC and Shariah Compliance measures used in the performance measurement system of Malaysian Islamic Banks?; (2) What is the relationship between Shariah Compliance and BSC measures with the performance of Islamic banks?; and (3) What are the Shariah Compliance and BSC measures used by the successful Islamic banks? This study conceptualized Kaplan and Norton’s (1996, 2001) Balanced Scorecard and comparing this to the performance measurement systems of Malaysian Islamic banks. The study also introduced a guideline of Shariah Compliance and BSC measures to be used by Islamic banks in order to improve their performance. This study was done with a slight difference in conceptualization of Kaplan and Norton’s BSC and applied to a Malaysian setting namely Islamic banks. From the findings, there was a positive relationship between BSC measures, Shariah Compliance attributes and Islamic banking performance. Banks which used all the BSC and Shariah measures in the study also known as exemplar improved their performance tremendously. A structure for performance measurement were introduced as a guideline for Islamic banks potential use to enhance and increase their performance.
format	Thesis
author	Nik Muhamad, Nik Aiman
author_facet	Nik Muhamad, Nik Aiman
author_sort	Nik Muhamad, Nik Aiman
title	Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad
title_short	Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad
title_full	Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad
title_fullStr	Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad
title_full_unstemmed	Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad
title_sort	shariah compliance and balanced scorecard measures for performance of malaysian islamic banks using rasch model / nik aiman nik muhamad
publishDate	2015
url	http://ir.uitm.edu.my/id/eprint/16028/ http://ir.uitm.edu.my/id/eprint/16028/1/TM_NIK%20AIMAN%20NIK%20MUHAMAD%20AC%2015_5.PDF
first_indexed	2023-09-18T22:55:12Z
last_indexed	2023-09-18T22:55:12Z
_version_	1777417807187673088

Shariah compliance and balanced scorecard measures for performance of Malaysian Islamic Banks using Rasch model / Nik Aiman Nik Muhamad

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