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Islamic leadership and transparency practices in takaful organizations

Takaful industry is faced with the issue of ineffective governance practices although it continues to excel financially at a rapid growth rate. Previous studies have started to address the importance of leadership to improve the level of transparency practices in Takaful organizations. However, litt...

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Main Authors: Raja Rizal Iskandar Raja Hisham,, Mohd Rizal Palil,, Wan Aishah Wan Mohd Nowalid,, Muhamad Rahimi Ramli,
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2019
Online Access:http://journalarticle.ukm.my/15299/1/27202-100862-2-PB.pdf
http://journalarticle.ukm.my/15299/
http://ejournal.ukm.my/ajac/issue/view/1184
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spelling my-ukm.journal.152992020-09-30T07:06:12Z http://journalarticle.ukm.my/15299/ Islamic leadership and transparency practices in takaful organizations Raja Rizal Iskandar Raja Hisham, Mohd Rizal Palil, Wan Aishah Wan Mohd Nowalid, Muhamad Rahimi Ramli, Takaful industry is faced with the issue of ineffective governance practices although it continues to excel financially at a rapid growth rate. Previous studies have started to address the importance of leadership to improve the level of transparency practices in Takaful organizations. However, little is made known on how the role of Islamic leadership would fit into the equation. Hence, the current study aims to examine the relationship between Islamic leadership and transparency. From the literature, Islamic leadership was grounded by the servant leadership approach which consists of five domains, namely altruistic calling, emotional healing, wisdom, persuasive mapping, and organizational stewardship. A self-administered questionnaire was employed to collect the data from employees of licensed Takaful operators in Malaysia. 208 usable data were analyzed using SmartPLS software to test the hypotheses of the study. The findings revealed that altruistic calling and persuasive mapping were significant factors influencing transparency, and the other three variables have no significant effect towards transparency. Emotional healing was found to be the most underperforming factor that needs to be further improved by managers. In addition, this study provides discussion, implications, limitation, and suggestion for future study. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/15299/1/27202-100862-2-PB.pdf Raja Rizal Iskandar Raja Hisham, and Mohd Rizal Palil, and Wan Aishah Wan Mohd Nowalid, and Muhamad Rahimi Ramli, (2019) Islamic leadership and transparency practices in takaful organizations. Asian Journal of Accounting and Governance, 11 . pp. 97-108. ISSN 2180-3838 http://ejournal.ukm.my/ajac/issue/view/1184
institution Universiti Kebangsaan Malaysia
building Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description Takaful industry is faced with the issue of ineffective governance practices although it continues to excel financially at a rapid growth rate. Previous studies have started to address the importance of leadership to improve the level of transparency practices in Takaful organizations. However, little is made known on how the role of Islamic leadership would fit into the equation. Hence, the current study aims to examine the relationship between Islamic leadership and transparency. From the literature, Islamic leadership was grounded by the servant leadership approach which consists of five domains, namely altruistic calling, emotional healing, wisdom, persuasive mapping, and organizational stewardship. A self-administered questionnaire was employed to collect the data from employees of licensed Takaful operators in Malaysia. 208 usable data were analyzed using SmartPLS software to test the hypotheses of the study. The findings revealed that altruistic calling and persuasive mapping were significant factors influencing transparency, and the other three variables have no significant effect towards transparency. Emotional healing was found to be the most underperforming factor that needs to be further improved by managers. In addition, this study provides discussion, implications, limitation, and suggestion for future study.
format Article
author Raja Rizal Iskandar Raja Hisham,
Mohd Rizal Palil,
Wan Aishah Wan Mohd Nowalid,
Muhamad Rahimi Ramli,
spellingShingle Raja Rizal Iskandar Raja Hisham,
Mohd Rizal Palil,
Wan Aishah Wan Mohd Nowalid,
Muhamad Rahimi Ramli,
Islamic leadership and transparency practices in takaful organizations
author_facet Raja Rizal Iskandar Raja Hisham,
Mohd Rizal Palil,
Wan Aishah Wan Mohd Nowalid,
Muhamad Rahimi Ramli,
author_sort Raja Rizal Iskandar Raja Hisham,
title Islamic leadership and transparency practices in takaful organizations
title_short Islamic leadership and transparency practices in takaful organizations
title_full Islamic leadership and transparency practices in takaful organizations
title_fullStr Islamic leadership and transparency practices in takaful organizations
title_full_unstemmed Islamic leadership and transparency practices in takaful organizations
title_sort islamic leadership and transparency practices in takaful organizations
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2019
url http://journalarticle.ukm.my/15299/1/27202-100862-2-PB.pdf
http://journalarticle.ukm.my/15299/
http://ejournal.ukm.my/ajac/issue/view/1184
_version_ 1680321971977453568
score 13.211869

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