Meta-Characteristics of Islamic Ethics and Moral Consistency in Islamic Banking
| Autor: | M. Ghufran Ahmad, Jawad Syed |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Consumption (economics)
Islamic ethics 05 social sciences 050109 social psychology Islam Consistency (negotiation) 0502 economics and business Business Management and Accounting (miscellaneous) 0501 psychology and cognitive sciences Ethical consumption Sociology Positive economics 050203 business & management Social Sciences (miscellaneous) Islamic banking |
| Zdroj: | Business & Society. 60:2026-2059 |
| ISSN: | 1552-4205 0007-6503 |
| DOI: | 10.1177/0007650320928470 |
| Popis: | This article presents a theory of how the consumption of Islamic products may promote morally consistent behavior over time. We identify and examine three unique meta-characteristics (MCs) of Islamic ethics: ubudiyah (subservience to God), akhirah (focus on the hereafter or the long-term), and tawado (being modest while doing an ethical act). In four experiments, we show that after consumption of an Islamic banking product, MCs produce moral consistency or repeat ethical behavior, which is one major objective of an ethical system. We also show that the absence of MCs results in moral inconsistency, that is, unethical behavior follows earlier consumption of an Islamic banking product due to the mediating psychological mechanism of moral licensing. Hence, it is not only the enactment of general ethical practices, rather the enactment of ethical practices in the specific context set by the MCs through which Islamic ethical system promotes ethical conduct and prevents unethical conduct. The findings have implications for Islamic ethical system and Islamic banking. |
| Databáze: | OpenAIRE |
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