Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks

The study examines the views of accountants concerning the importance of items in the developed index for Islamic Financial and Social Reporting (IFSR) as well as measures and discusses the level of weighted IFSR for Islamic banks based on the IFSR index developed for Malaysian Islamic banks. The re...

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Main Authors: Asri, Marsidi, Hairul Azlan, Annuar, Abdul Rahim, Abdul Rahman
Format: Article
Language:English
Published: Universiti Malaysia Sarawak (UNIMAS) 2017
Subjects:
Online Access:http://ir.unimas.my/id/eprint/19188/
http://ir.unimas.my/id/eprint/19188/1/Vol18-no3-paper11%20%28abstrak%29.pdf
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author Asri, Marsidi
Hairul Azlan, Annuar
Abdul Rahim, Abdul Rahman
author_facet Asri, Marsidi
Hairul Azlan, Annuar
Abdul Rahim, Abdul Rahman
author_sort Asri, Marsidi
building UNIMAS Institutional Repository
collection Online Access
description The study examines the views of accountants concerning the importance of items in the developed index for Islamic Financial and Social Reporting (IFSR) as well as measures and discusses the level of weighted IFSR for Islamic banks based on the IFSR index developed for Malaysian Islamic banks. The research uses the questionnaires and the annual reports to collect the relevant data with respect to the views of accountants and IFSR score of Islamic banks respectively. The findings suggest that the financial part, and the auditing and governance part in the index of IFSR are important and close to important, respectively, while the social part is viewed as fairly important. Moreover, the other finding reflects that the weighted IFSR for Islamic banks in Malaysia is considered as fair. The findings with respect to the level of weighted IFSR disclosure may not be generalised to the years prior and after the examination period. The research provides empirical insights on the importance of items in the IFSR index and the weighted level of IFSR practices among Malaysian Islamic banks. The paper highlights the importance of items in the IFSR index as well as IFSR disclosure in enhancing the accountability and sustainability of Islamic banks.
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publisher Universiti Malaysia Sarawak (UNIMAS)
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spelling unimas-191882018-01-04T03:48:00Z http://ir.unimas.my/id/eprint/19188/ Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks Asri, Marsidi Hairul Azlan, Annuar Abdul Rahim, Abdul Rahman HF Commerce The study examines the views of accountants concerning the importance of items in the developed index for Islamic Financial and Social Reporting (IFSR) as well as measures and discusses the level of weighted IFSR for Islamic banks based on the IFSR index developed for Malaysian Islamic banks. The research uses the questionnaires and the annual reports to collect the relevant data with respect to the views of accountants and IFSR score of Islamic banks respectively. The findings suggest that the financial part, and the auditing and governance part in the index of IFSR are important and close to important, respectively, while the social part is viewed as fairly important. Moreover, the other finding reflects that the weighted IFSR for Islamic banks in Malaysia is considered as fair. The findings with respect to the level of weighted IFSR disclosure may not be generalised to the years prior and after the examination period. The research provides empirical insights on the importance of items in the IFSR index and the weighted level of IFSR practices among Malaysian Islamic banks. The paper highlights the importance of items in the IFSR index as well as IFSR disclosure in enhancing the accountability and sustainability of Islamic banks. Universiti Malaysia Sarawak (UNIMAS) 2017 Article PeerReviewed text en http://ir.unimas.my/id/eprint/19188/1/Vol18-no3-paper11%20%28abstrak%29.pdf Asri, Marsidi and Hairul Azlan, Annuar and Abdul Rahim, Abdul Rahman (2017) Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks. International Journal of Business and Society, 18 (3). pp. 563-578. ISSN 15116670 http://www.ijbs.unimas.my/
spellingShingle HF Commerce
Asri, Marsidi
Hairul Azlan, Annuar
Abdul Rahim, Abdul Rahman
Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks
title Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks
title_full Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks
title_fullStr Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks
title_full_unstemmed Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks
title_short Disclosures and perceptions of practitioners on items of financial and social reporting index developed for Malaysian Islamic banks
title_sort disclosures and perceptions of practitioners on items of financial and social reporting index developed for malaysian islamic banks
topic HF Commerce
url http://ir.unimas.my/id/eprint/19188/
http://ir.unimas.my/id/eprint/19188/
http://ir.unimas.my/id/eprint/19188/1/Vol18-no3-paper11%20%28abstrak%29.pdf