Islamic Banking Performance Measurement System with 'Audah Approach

Abstract

This study aims to formulate an Islamic banking performance measurement system using the ‘Audah system approach. This study used qualitative research design with interpretive paradigm. To analyze the data, the ‘Audah system analysis is used, where there are six features, namely the cognitive nature of the system, wholeness, openness, interrelated hierarchy, multidimensionality, and purposefulness. The performance measurement system previously used was the balance scorecard, then by the analysis of the system, a maslahah-based performance measurement system was produced.