Abstract

http://ssrn.com/abstract=2052635
 


 



Corporate Social Responsibility in Islamic Financial Institutions (IFI): A Management Insight


Zakaria Ali Aribi


University of Central Lancashire - Lancashire Business School

Thankom Gopinath Arun


University of Central Lancashire

May 6, 2012


Abstract:     
This paper attempts to analyse the management perception on Corporate Social Responsibility (CSR) in Islamic Financial Institutions (IFI). The paper has two objectives - (1) investigate IFIs’ manager’s perception on the CSR and (2) examine to what extent do IFIs in practice, rather than, in principle, actually honour the ethical and social objectives that would be implied by Shari’a. An empirical investigation on CSR practices in IFIs was conducted using interviews and content analysis methods . The study compares managers’ perception with the actual practice, and, the result reveal that IFIs fall shot behind the ethical and social objectives that would be implied by Islamic Law.

Number of Pages in PDF File: 17

Keywords: Corporate social responsibility, Social reporting, corporate Accountability, Islamic Banking

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Date posted: May 7, 2012 ; Last revised: May 9, 2012

Suggested Citation

Aribi, Zakaria Ali and Arun, Thankom Gopinath, Corporate Social Responsibility in Islamic Financial Institutions (IFI): A Management Insight (May 6, 2012). Available at SSRN: http://ssrn.com/abstract=2052635 or http://dx.doi.org/10.2139/ssrn.2052635

Contact Information

Zakaria Ali Aribi (Contact Author)
University of Central Lancashire - Lancashire Business School ( email )
Preston, PR1 2HE
United Kingdom
Thankom Gopinath Arun
University of Central Lancashire ( email )
United Kingdom
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