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Corporate social responsibility (CSR) from Islamic perspective: a literature discussion.

Islamic banking industry has been established for almost fifty years since 1970s. Although an Islamic bank still makes up only a fraction of the banking assets of Muslims, it has been growing faster than projected. The Shariah based concept, products and services provided have been well accepted wor...

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Main Authors: Harun, Mohd. Shukor, Aziz, Muhamad Fikri, Ramli, Razli
Format: Article
Language:English
Published: Academic Inspired Network 2023
Subjects:
HB Economic Theory
Online Access:http://eprints.utm.my/108620/1/RazliRamli2023_CorporateSocialResponsibilityCSRfromIslamic.pdf
http://eprints.utm.my/108620/
https://jised.com/PDF/JISED-2023-59-12-13.pdf
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spelling my.utm.1086202024-11-24T06:50:58Z http://eprints.utm.my/108620/ Corporate social responsibility (CSR) from Islamic perspective: a literature discussion. Harun, Mohd. Shukor Aziz, Muhamad Fikri Ramli, Razli HB Economic Theory Islamic banking industry has been established for almost fifty years since 1970s. Although an Islamic bank still makes up only a fraction of the banking assets of Muslims, it has been growing faster than projected. The Shariah based concept, products and services provided have been well accepted worldwide. However, there still lack of discussion on how Islamic banks adopted all the Islamic ethical principles in performing their CSR. The paper aims to discuss the CSR concept from Islamic perspective. It is a conceptual attempt to discuss on how Islamic principles can influence the Islamic banks to the implementation of CSR. The religious characteristics that acted as a foundation for the establishment of Islamic banking are expecting to have an influence on corporate social responsibility. For that reason, the paper examines and analyse the relevant literature on Islamic bank and CSR discussions. The paper finds that, Islamic principle has a strong influence of CSR practice among Islamic banks. Thus, it is expected that the Islamic banks should be more proactive in CSR practice rather than conventional bank in fulfilling its religious obligation and their exemplary as a financial intermediary. Our study offers an original contribution to Islamic banking literature by develops a link between Islamic banking and Islamic ethical principle in CSR practice. Academic Inspired Network 2023-12-15 Article PeerReviewed application/pdf en http://eprints.utm.my/108620/1/RazliRamli2023_CorporateSocialResponsibilityCSRfromIslamic.pdf Harun, Mohd. Shukor and Aziz, Muhamad Fikri and Ramli, Razli (2023) Corporate social responsibility (CSR) from Islamic perspective: a literature discussion. Journal of Islamic, Social, Economics and Development (JISED), 8 (59). pp. 125-137. ISSN 0128-1755 https://jised.com/PDF/JISED-2023-59-12-13.pdf NA
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic HB Economic Theory
spellingShingle HB Economic Theory
Harun, Mohd. Shukor
Aziz, Muhamad Fikri
Ramli, Razli
Corporate social responsibility (CSR) from Islamic perspective: a literature discussion.
description Islamic banking industry has been established for almost fifty years since 1970s. Although an Islamic bank still makes up only a fraction of the banking assets of Muslims, it has been growing faster than projected. The Shariah based concept, products and services provided have been well accepted worldwide. However, there still lack of discussion on how Islamic banks adopted all the Islamic ethical principles in performing their CSR. The paper aims to discuss the CSR concept from Islamic perspective. It is a conceptual attempt to discuss on how Islamic principles can influence the Islamic banks to the implementation of CSR. The religious characteristics that acted as a foundation for the establishment of Islamic banking are expecting to have an influence on corporate social responsibility. For that reason, the paper examines and analyse the relevant literature on Islamic bank and CSR discussions. The paper finds that, Islamic principle has a strong influence of CSR practice among Islamic banks. Thus, it is expected that the Islamic banks should be more proactive in CSR practice rather than conventional bank in fulfilling its religious obligation and their exemplary as a financial intermediary. Our study offers an original contribution to Islamic banking literature by develops a link between Islamic banking and Islamic ethical principle in CSR practice.
format Article
author Harun, Mohd. Shukor
Aziz, Muhamad Fikri
Ramli, Razli
author_facet Harun, Mohd. Shukor
Aziz, Muhamad Fikri
Ramli, Razli
author_sort Harun, Mohd. Shukor
title Corporate social responsibility (CSR) from Islamic perspective: a literature discussion.
title_short Corporate social responsibility (CSR) from Islamic perspective: a literature discussion.
title_full Corporate social responsibility (CSR) from Islamic perspective: a literature discussion.
title_fullStr Corporate social responsibility (CSR) from Islamic perspective: a literature discussion.
title_full_unstemmed Corporate social responsibility (CSR) from Islamic perspective: a literature discussion.
title_sort corporate social responsibility (csr) from islamic perspective: a literature discussion.
publisher Academic Inspired Network
publishDate 2023
url http://eprints.utm.my/108620/1/RazliRamli2023_CorporateSocialResponsibilityCSRfromIslamic.pdf
http://eprints.utm.my/108620/
https://jised.com/PDF/JISED-2023-59-12-13.pdf
_version_ 1817841621383774208
score 13.223943

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