Human Resource Management Practices from Islamic Perspective: A Study on Bangladesh Context

Abstract

Purpose: The purpose of the paper is to review and discuss the role of Islamic Human Resources Management (IHRM) practices and the principles of the IHRM system and its necessity in the context of the emerging Islamic banking sector, namely Bangladesh.Design/Methodology/Approach: This paper highlighted and discussed the importance of Islamic human resource management practices in Bangladesh in addition to a brief discussion on all HRM practices.Nonetheless, this study is based on secondary documents and data obtained from a variety of articles, books, newspapers, journals, and websites.Findings: It is found in this research that there may be nine IHRM system principles that can positively influence four major IHRM systems, including recruitment and selection, training and development, performance evaluation, and pay and compensation.If all four activities are carried out in accordance with Islamic principles, so the long-term organization can be maintained, and the growth of human capital will be assured.Originality/value: Explore the key IHRM values of the Al Quran and the rising need for the IHRM system in Bangladesh.Thus, the findings of the study may help to formulate the policies and implement the IHRM program in the Islamic banks.

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