Integrated maqāṣid al-Sharīʿah-based performance measure (IMSPM)
| Concept (C) | Dimensions (D) | Referred studies | Elements (E) | Performance ratios (PR) | Referred studies | |
|---|---|---|---|---|---|---|
| Maqāṣid al-Sharīʿah promoted by M. Umer Chapra (2007) | Faith (dīn) | D1. Non-negative elements | Mohammed et al. (2008) in Asutay and Harningtyas (2015) | E1. Interest-free products | R1. Interest-free income/Total income | Mohammed et al. (2008) |
| D2. Creating awareness of Islamic banking | E2. Publicity | R2. Publicity expense/Total expense | ||||
| Self (nafs) | D3. Justice | Chapra (2007) | E3. Charity | R3. Charity gained/Total charity distributed | Mohamed Ibrahim et al. (2004), Chapra (2007) | |
| E4. Employee welfare | R4. Employees’ expenses/Total income | |||||
| D4. Removal of poverty | E5. Zakat fund | R5. Zakat paid/Net assets | ||||
| D5. Job opportunities | Haniffa and Hudaib (2007) | E6. Total no. of branches | R6. Total no. of branches this year/ Total no. of branches in the previous year | Mohammed et al. (2015) | ||
| Intellect (ʿaql) | D6. Education | Chapra (2007), Mohammed et al. (2008) | E7. Education grant | R7. Education grant/Total income | Mohammed et al. (2008) | |
| D7. Research | E8. Research expense | R8. Research expense/Total income | ||||
| Posterity (nasl) | D8. Health environment | Chapra (2007) | E9. Agricultural financing | R9. Bayʿ al-salam (agriculture) financing/Total financing | Mohammed et al. (2015) | |
| D9. Moral development | E10. Training | R10. Training expense/Total expenses | Mohammed et al. (2008) | |||
| Wealth (māl) | D10. Affordable products and services | Mohammed, Abdul Razak, and Md Taib (2008) | E11. Non-performing financing (loan) (NPF(L)) | R11. NPF(L)/Total investment (financing) | Mohammed et al. (2008) | |
| D11. Profit sharing ratios | Khan (1997), Mohamed Ibrahim et al. (2004) | E12. Muḍārabah financing | R12. Muḍārabah financing/Total financing | Mohamed Ibrahim et al. (2004), Mohammed et al. (2015) | ||
| E13. Mushārakah financing | R13. Mushārakah financing/Total financing | |||||
| D12. Restructured financing | Haniffa and Hudaib (2007), Mohammed et al. (2008) | E14. Restructured muḍārabah financing | R14. Total restructured muḍārabah financing/Total restructured financing | Authors’ Recommendation | ||
| E15. Restructured mushārakah financing | R15. Total restructured mushārakah financing/Total restructured financing | |||||
| D13. Earning ability | Khan (1997); the CAMELS rating system | E16. Return on Asset (ROA) | R16. Net income/Total asset | Jaffar and Manarvi (2011) in Asutay and Harningtyas (2015) | ||
| E17. Return on Equity (ROE) | R17. Net income/Total equities | |||||
| D14. Management quality | E18. Operational efficiency | R18. Operating expenses/Operating revenue | ||||
| Concept (C) | Dimensions (D) | Referred studies | Elements (E) | Performance ratios (PR) | Referred studies | |
|---|---|---|---|---|---|---|
| Faith ( | D1. Non-negative elements | E1. Interest-free products | R1. Interest-free income/Total income | |||
| D2. Creating awareness of Islamic banking | E2. Publicity | R2. Publicity expense/Total expense | ||||
| Self ( | D3. Justice | E3. Charity | R3. Charity gained/Total charity distributed | |||
| E4. Employee welfare | R4. Employees’ expenses/Total income | |||||
| D4. Removal of poverty | E5. Zakat fund | R5. Zakat paid/Net assets | ||||
| D5. Job opportunities | E6. Total no. of branches | R6. Total no. of branches this year/ Total no. of branches in the previous year | ||||
| Intellect (ʿ | D6. Education | E7. Education grant | R7. Education grant/Total income | |||
| D7. Research | E8. Research expense | R8. Research expense/Total income | ||||
| Posterity ( | D8. Health environment | E9. Agricultural financing | R9. Bayʿ al-salam (agriculture) financing/Total financing | |||
| D9. Moral development | E10. Training | R10. Training expense/Total expenses | ||||
| Wealth ( | D10. Affordable products and services | E11. Non-performing financing (loan) (NPF(L)) | R11. NPF(L)/Total investment (financing) | |||
| D11. Profit sharing ratios | E12. | R12. | ||||
| E13. | R13. | |||||
| D12. Restructured financing | E14. Restructured | R14. Total restructured | Authors’ Recommendation | |||
| E15. Restructured | R15. Total restructured | |||||
| D13. Earning ability | E16. Return on Asset (ROA) | R16. Net income/Total asset | ||||
| E17. Return on Equity (ROE) | R17. Net income/Total equities | |||||
| D14. Management quality | E18. Operational efficiency | R18. Operating expenses/Operating revenue | ||||
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