Future Challenge of Knowledge Transfer in Shariah Compliance Business Institutions

Abdullah A Afifi

Abdullah A Afifi

Peneliti Darulfunun IDRiS Institute

Authors:
Abdullah A Afifi, Ida Ismail, Afifi Fauzi Abbas

Abstract:
The rapid growth of the global halal market makes a positive impact on the development of shariah compliance business institutions. Although many sectors are now involved in the halal business, there is a challenge in understanding how shariah knowledge can assist in the present business environment. Specifically, shariah compliance business institutions that involve in the halal business is required to develop their performance and competitiveness, but the rigid tacit knowledge of shariah knowledge may influence the business. To compete and deal with innovations in a complex and competitive situation, formulation of shariah knowledge transfer into explicit knowledge is required. This, in turn, will ease the distribution of shariah knowledge throughout the whole institution structure. The knowledge distribution also can lead to a better understanding as well as to lead to group performance and innovations. The purpose of this conceptual paper is to provide some insights on how shariah knowledge from the shariah board can be transferred, through standards officer, to the whole organizational structure, which, in turn, may help the team to improve company’s performance.

January 2020

Conference: International Colloquium on Research Innovation & Social Entreprenurship (Ic-RISE) 2019

At: UKM Graduate School of Business