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 qual...

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Main Authors: M. Qoshid Al Hadi, Eko Nur Cahyo, Iman Setya Budi
Format: Article
Language:English
Published: Muhammadiyah University Press 2021-07-01
Series:Journal of Islamic Economic Laws
Subjects:
Online Access:https://journals2.ums.ac.id/index.php/jisel/article/view/9321
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author M. Qoshid Al Hadi
Eko Nur Cahyo
Iman Setya Budi
author_facet M. Qoshid Al Hadi
Eko Nur Cahyo
Iman Setya Budi
author_sort M. Qoshid Al Hadi
collection DOAJ
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 Article
id doaj-art-60676cd3c9764bbda828507b0d17ccbf
institution DOAJ
issn 2655-9609
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language English
publishDate 2021-07-01
publisher Muhammadiyah University Press
record_format Article
series Journal of Islamic Economic Laws
spelling doaj-art-60676cd3c9764bbda828507b0d17ccbf2025-08-20T02:43:33ZengMuhammadiyah University PressJournal of Islamic Economic Laws2655-96092655-96172021-07-01174110.23917/jisel.v4i2.147169384Marketing Ethics at Islamic Banks: Principles and PracticesM. Qoshid Al Hadi0Eko Nur Cahyo1Iman Setya Budi2University of Islam Kalimantan MABCoventry University, UKUniversity of Islam Kalimantan MABThis 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 industryhttps://journals2.ums.ac.id/index.php/jisel/article/view/9321marketing mixislamic banksmarketing ethicsmarketing practice
spellingShingle M. Qoshid Al Hadi
Eko Nur Cahyo
Iman Setya Budi
Marketing Ethics at Islamic Banks: Principles and Practices
Journal of Islamic Economic Laws
marketing mix
islamic banks
marketing ethics
marketing practice
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 banks
marketing ethics
marketing practice
url https://journals2.ums.ac.id/index.php/jisel/article/view/9321
work_keys_str_mv AT mqoshidalhadi marketingethicsatislamicbanksprinciplesandpractices
AT ekonurcahyo marketingethicsatislamicbanksprinciplesandpractices
AT imansetyabudi marketingethicsatislamicbanksprinciplesandpractices