VALUE-BASED MANAGEMENT SYSTEMS - REQUIREMENTS FROM AN ISLAMIC PERSPECTIVE
This Malaysian Standard consists of a guideline and a certifiable requirements standard which prescribes the framework for an organisation to establish a management system based on Islamic values.
The user of this Malaysia Standard should be able to meet the following expectations and benefits:
a) to inculcate religious requirements into the organisation’s quality management practice with the emphasis on value-based management. It promotes good universal value, which can be readily acceptable to all;
b) to enhance the level of efficiency and effectiveness. This standard requires the practice of universal good conducts at all levels of the organisation that could lead to the improvement in the level of productivity and quality of output (goods and services); and
c) to enhance the level of compliance and confidence among all stakeholders.