Table I. Integrated maqāṣid al-Sharīʿah... | Emerald Publishing

Table I.

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)
	Faith (dīn)	D2. Creating awareness of Islamic banking	Mohammed et al. (2008) in Asutay and Harningtyas (2015)	E2. Publicity	R2. Publicity expense/Total expense	Mohammed et al. (2008)
	Self (nafs)	D3. Justice	Chapra (2007)	E3. Charity	R3. Charity gained/Total charity distributed	Mohamed Ibrahim et al. (2004), Chapra (2007)
		D3. Justice		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)
	Intellect (ʿaql)	D7. Research	Chapra (2007), Mohammed et al. (2008)	E8. Research expense	R8. Research expense/Total income	Mohammed et al. (2008)
	Posterity (nasl)	D8. Health environment	Chapra (2007)	E9. Agricultural financing	R9. Bayʿ al-salam (agriculture) financing/Total financing	Mohammed et al. (2015)
	Posterity (nasl)	D9. Moral development	Chapra (2007)	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)
		D11. Profit sharing ratios	Khan (1997), Mohamed Ibrahim et al. (2004)	E13. Mushārakah financing	R13. Mushārakah financing/Total financing	Mohamed Ibrahim et al. (2004), Mohammed et al. (2015)
		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
		D12. Restructured financing	Haniffa and Hudaib (2007), Mohammed et al. (2008)	E15. Restructured mushārakah financing	R15. Total restructured mushārakah financing/Total restructured financing	Authors’ Recommendation
		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)
		D13. Earning ability		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
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)
	Faith (dīn)	D2. Creating awareness of Islamic banking	Mohammed et al. (2008) in Asutay and Harningtyas (2015)	E2. Publicity	R2. Publicity expense/Total expense	Mohammed et al. (2008)
	Self (nafs)	D3. Justice	Chapra (2007)	E3. Charity	R3. Charity gained/Total charity distributed	Mohamed Ibrahim et al. (2004), Chapra (2007)
		D3. Justice		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)
	Intellect (ʿaql)	D7. Research	Chapra (2007), Mohammed et al. (2008)	E8. Research expense	R8. Research expense/Total income	Mohammed et al. (2008)
	Posterity (nasl)	D8. Health environment	Chapra (2007)	E9. Agricultural financing	R9. Bayʿ al-salam (agriculture) financing/Total financing	Mohammed et al. (2015)
	Posterity (nasl)	D9. Moral development	Chapra (2007)	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)
		D11. Profit sharing ratios	Khan (1997), Mohamed Ibrahim et al. (2004)	E13. Mushārakah financing	R13. Mushārakah financing/Total financing	Mohamed Ibrahim et al. (2004), Mohammed et al. (2015)
		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
		D12. Restructured financing	Haniffa and Hudaib (2007), Mohammed et al. (2008)	E15. Restructured mushārakah financing	R15. Total restructured mushārakah financing/Total restructured financing	Authors’ Recommendation
		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)
		D13. Earning ability		E17. Return on Equity (ROE)	R17. Net income/Total equities
		D14. Management quality		E18. Operational efficiency	R18. Operating expenses/Operating revenue

Source: Adapted from related studies