Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key Dimensions
This study examines the corporate social responsibility (CSR) disclosure practices of Islamic banks in a developing economy, i.e., Malaysia. Specifically, the study focuses on all three full-fledged Islamic commercial banks over the years 2004–2010 and constructs a CSR Disclosure Index to scor...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | Arabic |
| Published: |
Universiti Sultan Azlan Shah
2018-01-01
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| Series: | Global Journal Al-Thaqafah |
| Subjects: | |
| Online Access: | http://www.gjat.my/gjat2018si/SI2018-03.pdf |
| _version_ | 1811228303233646592 |
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| author | Faizah Darus Haslinda Yusoff Dayang Milianna Abang Naim Azlan Amran Hasan Fauzi |
| author_facet | Faizah Darus Haslinda Yusoff Dayang Milianna Abang Naim Azlan Amran Hasan Fauzi |
| author_sort | Faizah Darus |
| collection | DOAJ |
| description | This study examines the corporate social
responsibility (CSR) disclosure practices of
Islamic banks in a developing economy, i.e.,
Malaysia. Specifically, the study focuses on all
three full-fledged Islamic commercial banks
over the years 2004–2010 and constructs a CSR
Disclosure Index to score the disclosure level of
the banks. The findings reveal that Bank Islam
has a higher disclosure practice than other banks
since 2006. Disclosures on dimensions such
as corporate vision, employment, and product
are found to be strong, while disclosures on
environmentally related information tend to
be weak. Generally, the Islamic banks studied
indicate that their CSR disclosure practices have
low compliance with the Shariah principles, a
clear sign that there is a need for more dynamic
enhancement in the practice. Such an effort
is deemed crucial for the banks to retain their
credibility and reputation as Islamic business
organizations. |
| first_indexed | 2024-04-12T09:56:37Z |
| format | Article |
| id | doaj.art-b2c7d503d3ce4b09831eed822def5f93 |
| institution | Directory Open Access Journal |
| issn | 2232-0474 2232-0482 |
| language | Arabic |
| last_indexed | 2024-04-12T09:56:37Z |
| publishDate | 2018-01-01 |
| publisher | Universiti Sultan Azlan Shah |
| record_format | Article |
| series | Global Journal Al-Thaqafah |
| spelling | doaj.art-b2c7d503d3ce4b09831eed822def5f932022-12-22T03:37:41ZaraUniversiti Sultan Azlan ShahGlobal Journal Al-Thaqafah2232-04742232-04822018-01-0181415510.7187/GJATSI2018-03Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key DimensionsFaizah Darus0Haslinda Yusoff1Dayang Milianna Abang Naim2Azlan Amran 3Hasan Fauzi4 Universiti Teknologi MARA, Shah Alam, Malaysia Universiti Teknologi MARA, Shah Alam, Malaysia Universiti Teknologi MARA, Shah Alam, MalaysiaUniversiti Sains MalaysiaSebelas Maret University, IndonesiaThis study examines the corporate social responsibility (CSR) disclosure practices of Islamic banks in a developing economy, i.e., Malaysia. Specifically, the study focuses on all three full-fledged Islamic commercial banks over the years 2004–2010 and constructs a CSR Disclosure Index to score the disclosure level of the banks. The findings reveal that Bank Islam has a higher disclosure practice than other banks since 2006. Disclosures on dimensions such as corporate vision, employment, and product are found to be strong, while disclosures on environmentally related information tend to be weak. Generally, the Islamic banks studied indicate that their CSR disclosure practices have low compliance with the Shariah principles, a clear sign that there is a need for more dynamic enhancement in the practice. Such an effort is deemed crucial for the banks to retain their credibility and reputation as Islamic business organizations.http://www.gjat.my/gjat2018si/SI2018-03.pdfCorporate Social ResponsibilityDisclosureMalaysiaIslamic banksShariah |
| spellingShingle | Faizah Darus Haslinda Yusoff Dayang Milianna Abang Naim Azlan Amran Hasan Fauzi Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key Dimensions Global Journal Al-Thaqafah Corporate Social Responsibility Disclosure Malaysia Islamic banks Shariah |
| title | Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key Dimensions |
| title_full | Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key Dimensions |
| title_fullStr | Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key Dimensions |
| title_full_unstemmed | Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key Dimensions |
| title_short | Corporate Social Responsibility Practices of Malaysian Islamic Banks from the Shariah Perspective: A Focus on the Key Dimensions |
| title_sort | corporate social responsibility practices of malaysian islamic banks from the shariah perspective a focus on the key dimensions |
| topic | Corporate Social Responsibility Disclosure Malaysia Islamic banks Shariah |
| url | http://www.gjat.my/gjat2018si/SI2018-03.pdf |
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