Framework for Managing Employee Talent in Malaysian Islamic Banks

Abstract

Objective: This paper proposes a conceptual framework to formulate a model of employee talent management, which might be implemented among Islamic banks in Malaysia.Methodology: This concept paper relies on analysis of previous literature and observation of current issues in Islamic banking industry.Results: It has been found that the demand for combination of knowledge about Sharia law and finance among bankers is rising in the Islamic banking industry. The capability and expertise of current bankers in Islamic banks are overlapping with those found in conventional banks. Yet only those bankers who are equipped with knowledge of Sharia or Islamic jurisprudence can discriminate the discrepancy of Islamic banking terms and regulations.Implication: This study proposes that developing and retaining those talents should be focus of formal and informal organizational policies and procedures in Islamic banks in order to make their performance as a manageable outcome. The policy of right capabilities at right time among Islamic bankers would also lead to comprehensive understanding of the Islamic banking principles, nature and forms which is prerequisite to make this industry competitive in areas of marketing, financial and operation management.