Model of Islamic Management Alternative: A Study on Some Selected Islamic Banks of Asian Countries

Abstract

The Islamic managerial model is a comprehensive model composed of the physical and spiritual factors of the human being, guided by superior power through the faith and beliefs of people who believe in Allah and follow prophet Mohammad (saw) with due love. The Islamic management model explains that Muslims beliefs have a great effect on their behavior and the superior power of these beliefs directs them on the right path, depending on their degree of commitment. In this paper the researcher introduces a new concept of an Islamic management as well as a model which is applicable to all organizations, in general, and to managers in the Islamic world, in particular and it is found  that relatively committed Muslim behave and perform (function) better than relatively less-committed Muslims in different Banks of Bangladesh and Malaysia.

Key Words: Islamic Management, Committed-Less Committed, Religiosity, Islami Banks.