Open AccessInfluence Of Taqwa (Piety) On Sustaining Corporate Governance Of Zakat Institutions
Author(s) -
Suhaimi Mhd. Sarif
Publication year - 2021
Publication title -
azka international journal of zakat and social finance
Language(s) - English
Resource type - Journals
eISSN - 2716-6643
pISSN - 2735-1890
DOI - 10.51377/azjaf.vol1no2.35
Subject(s) - corporate governance , piety , stakeholder , obligation , ethical code , moral obligation , transparency (behavior) , public relations , sincerity , business , political science , accounting , law , finance
This study examines the influence of taqwa (piety) on sustaining corporate governance. Taqwa (piety) manifests sincerity, integrity, wisdom, and persistency in generating ethical decisions and actions. Organizational corporate governance is in the hands of gatekeepers, employees, and other stakeholders of organizations. Any inadequacy of ethical decisions and actions is a reflection of deficit in taqwa (piety). This study uses personal interview to solicit the views of selected gatekeepers and executives of zakat institutions in Southeast Asia pertaining to the influence of taqwa (piety) level of the gatekeepers in sustaining good corporate governance in zakat institutions. The gatekeepers argued that professionalism and transparency are embedded in the code of conduct for professionals. The legal abiding behavior is confined within the scope of the code of conduct. Beyond legal obligation is the social obligation. The executives contended that taqwa (piety) is the essential spiritual strength to sustain ethical action through corporate governance. The study argued that taqwa (piety) in ethical leadership sustains organizational corporate governance.