Islamic intellectual capital and takaful financial performance
This study examines the effect of Islamic intellectual capital that consists of Structural Capital, Human Capital, and Capital Employed on takaful financial performance in Southeast Asia and the Middle East during 2016- 2019. The dependent variable, takaful financial performance, is measured from...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2021
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| Online Access: | http://journalarticle.ukm.my/17790/1/49165-168086-1-PB.pdf http://journalarticle.ukm.my/17790/ https://ejournal.ukm.my/pengurusan/issue/view/1426 |
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| Summary: | This study examines the effect of Islamic intellectual capital that consists of Structural Capital, Human Capital,
and Capital Employed on takaful financial performance in Southeast Asia and the Middle East during 2016-
2019. The dependent variable, takaful financial performance, is measured from the firm’s ROE. The
independent variables in the current study are the Human Capital Efficiency (HCE), Structural Capital
Efficiency (SCE), and Capital Employed Efficiency (CEE), and Audit Opinion used as a control variable. This
study is a descriptive quantitative research using multiple linear regression analysis. The population of this
study is the sharia insurance firms in Southeast Asia and Middle East countries with a total of 155 observations.
This study shows that, two out of three variables are significant. Structural Capital Efficiency has a positive and
significant effect, Capital Employed Efficiency has a negative and significant impact, and the Human Capital
Efficiency has no significant effect on takaful financial performance. This study can be used as a reference,
evaluation, and source of improvement for sharia insurance firms in optimizing the Islamic intellectual capital
to improve the firm’s financial performance. To achieve this objective, companies could improve employees’
knowledge on sharia regulations, especially regarding sharia insurance, training, fulfilling employee’s rights,
improving system quality, services, and transaction procedures. |
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