Marketing Ethics At Islamic Banks: Principles And Practices

This article highlights the principles and implementation of Islamic banking marketing ethics. Ethics based on sharia principles are an essential differentiator from their competitors. It begins from the 4 P's marketing mix framework, namely product, price, promotion, and place. This article is...

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Main Authors: Al Hadi, M Qoshid, Cahyo, Eko Nur, Budi, Iman Setya
Format: UMS Journal (OJS)
Language:eng
Published: Muhammadiyah University Press 2021
Subjects:
Online Access:https://journals.ums.ac.id/index.php/jisel/article/view/14716
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author Al Hadi, M Qoshid
Cahyo, Eko Nur
Budi, Iman Setya
author_facet Al Hadi, M Qoshid
Cahyo, Eko Nur
Budi, Iman Setya
author_sort Al Hadi, M Qoshid
collection OJS
description This article highlights the principles and implementation of Islamic banking marketing ethics. Ethics based on sharia principles are an essential differentiator from their competitors. It begins from the 4 P's marketing mix framework, namely product, price, promotion, and place. This article is qualitative descriptive research using literature review. This article employs secondary data from 11 articles. The data that has been collected then analyzed with descriptive information. Therefore, through 4 P's marketing mix lens, this article finds a lack of ethical marketing practices in Islamic Banking from the ethical ideals espoused in the literature. This study analyzes the ethical marketing practices of Islamic banks which can be used as an evaluation of policies in the Islamic financial industry.
format UMS Journal (OJS)
id oai:ojs2.journals.ums.ac.id:article-14716
institution Universitas Muhammadiyah Surakarta
language eng
publishDate 2021
publisher Muhammadiyah University Press
record_format ojs
spelling oai:ojs2.journals.ums.ac.id:article-14716 Marketing Ethics At Islamic Banks: Principles And Practices Al Hadi, M Qoshid Cahyo, Eko Nur Budi, Iman Setya Marketing mix; Islamic Bank; Marketing Ethics This article highlights the principles and implementation of Islamic banking marketing ethics. Ethics based on sharia principles are an essential differentiator from their competitors. It begins from the 4 P's marketing mix framework, namely product, price, promotion, and place. This article is qualitative descriptive research using literature review. This article employs secondary data from 11 articles. The data that has been collected then analyzed with descriptive information. Therefore, through 4 P's marketing mix lens, this article finds a lack of ethical marketing practices in Islamic Banking from the ethical ideals espoused in the literature. This study analyzes the ethical marketing practices of Islamic banks which can be used as an evaluation of policies in the Islamic financial industry. Muhammadiyah University Press 2021-09-13 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/jisel/article/view/14716 10.23917/jisel.v4i2.14716 Journal of Islamic Economic Laws; Vol 4, No 2: July 2021; 17-41 2655-9617 2655-9609 eng https://journals.ums.ac.id/index.php/jisel/article/view/14716/6915 Copyright (c) 2021 Journal of Islamic Economic Laws https://creativecommons.org/licenses/by-sa/4.0
spellingShingle Marketing mix; Islamic Bank; Marketing Ethics
Al Hadi, M Qoshid
Cahyo, Eko Nur
Budi, Iman Setya
Marketing Ethics At Islamic Banks: Principles And Practices
title Marketing Ethics At Islamic Banks: Principles And Practices
title_full Marketing Ethics At Islamic Banks: Principles And Practices
title_fullStr Marketing Ethics At Islamic Banks: Principles And Practices
title_full_unstemmed Marketing Ethics At Islamic Banks: Principles And Practices
title_short Marketing Ethics At Islamic Banks: Principles And Practices
title_sort marketing ethics at islamic banks principles and practices
topic Marketing mix; Islamic Bank; Marketing Ethics
topic_facet Marketing mix; Islamic Bank; Marketing Ethics
url https://journals.ums.ac.id/index.php/jisel/article/view/14716
work_keys_str_mv AT alhadimqoshid marketingethicsatislamicbanksprinciplesandpractices
AT cahyoekonur marketingethicsatislamicbanksprinciplesandpractices
AT budiimansetya marketingethicsatislamicbanksprinciplesandpractices