Professional Ethics Under Islamic Perspective: A Study on Islamic Banks Operating in Bangladesh

Abstract

The present study is about practice of professional ethics under Islamic perspective in Islamic Banks operating in Bangladesh. It is the outcome of primary data mainly. The requisite primary data were collected from a total number of 77 respondents on the basis of a structured questionnaire by direct interview methods from 7 Islamic banks operating in Bangladesh. The respondents were selected purposively for the easy and smooth collection of data. The main theme of the study is the practices of Islamic as well as professional ethics in the selected seven Islamic banks. The study depicts that awareness and attitudes towards the principles and practices of Islamic professional ethics have been higher is case of top level management of the banks. On the other hand, in case of the branch level management, those have been either medium or low. In order to improve the existing practice, the problems as mentioned in the study must be removed by adopting the suggestions opined by the respondents.

Key words: Islamic professional ethics, Islamic management, Shariah compliance, Ethical behavior, Corporate social responsibility and Leadership.