Abstract:

The study is trying to look at the linkages of the Islamic influences and financial performances of the surveyed enterprises within the 131 sur veyed SMEs in the NCER. The intended questions being made in the questionnaires have been prepared in such a way that it was meant to capture the intended and unintended process and dynamics of the Islamic influences in the business enterprises that have been surveyed. For instance, the profile, personality and philanthropy characteristics are meant to determine the underlying persona of the business owners and their perceived values in their daily routines, norms and behaviours. As evidenced in the results that have been mentioned in the earlier section, the Islamic values are inherently found and practiced in many of the business owners through their personalities, background profiles and philanthropic behaviours. Interestingly, the results indicate only a ‘base line’ or fundamental commitment on the payment of alms and other religious bound regulations. Despite their strong and significant findings of the matter, the practice of these entrepreneurs, especially in the internal control and accounting matters have left a lot to be desired. In a nutshell, the entrepreneurs have been consistently behaving in a very ‘selective’ and perceived acceptance of the Islamic values, and yet, have neglected in the other areas of the requirements, especially in the internal control and accounting matters.