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DOCUMENT
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Abstract
This study examines the performances of corporate social
responsibility in Islamic banks by using selected papers and previous
research. As for Islamic business ethics, corporate social
responsibility (CSR) of Islamic financial institutions should be
considered as an advantage and assistance instead of a cost. This
study also extends the theory of Carroll (1979) using an operational
definition of CSR that encircles the economic and ethics dimensions
of CSR from an Islamic institutions 1. CSR framework conjectures that
[ employees , ]
[ effects
[ abide
there are two layers of CSR involvement in Islamic banks. The upper
layer convinces the commitment towards Allah s.w.t by accomplishing
under Islamic Sharia. The second one provides assurance towards
customers, employees 2 and society. Islamic banks are becoming
customer centric due to the competition with conventional banks.
Nevertheless, the primary essence which is the first layer is still being
taken care.
Keywords: corporate social responsibility, Islamic banks
effect ]
abides ]
[ proactive, ]
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[ proactive, ]
[ acquires
acquired ]
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[ banks have
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[ 90s
the 90s ]
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[ are
is ]
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[ of business
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[ is deeply imprints
banks have ]
Literature Review
The concept of CSR has received considerable attention in recent
decades. In the 1980s and 1990s, CSR literature focused on
corporate engagement in social responsibilities from a business
perspective(Adnan Khurshid, Al-Aali, Ali Soliman, & Mohamad Amin,
2014). Since particularly in the past decade of 90s 12, research has
focused on important stakeholder perspective and the drivers of
CSR(Adnan Khurshid et al., 2014). Alternatively, (Adnan Khurshid et
al., 2014) defined CSR based on organization's operation that are 13
conducted for the benefit society, as "the social responsibility of
business 14 includes the economic, legal, ethical, and discretionary
expectations that society has of organizations at a given point in
time 15". Islam provides a complete code of behaviour for it embraces
every aspect of life. CSR is therefore not isolated in the Islamic view
of business ]
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[ deeply
deep ]
is deeply imprinted ]
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Passive voice
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[ backbiting, ]
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[ being
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[ and in ]
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[ to entirely submit
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[ creator ultimate
ultimate creator ]
Islamic banks are not free to do anything as they want, instead 28, 29
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[ want , instead
want . Instead ]
they have to relate moral values and ethics in their works. Secondly,
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[ instead
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be ]
to submit entirely ]
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