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• W643098785 abstract "This paper focuses on Corporate Social Responsibility (CSR) in Islamic Economics and fi nance. The escalating social and economic problems in particular during the current fi nancial crisis have raised new questions as well as expectations about corporate governance, ethical and social responsibilities. Commentators have raised “ethical” as the missing link in fi nancing and also in running fi nancial institutions. Corporate Social Responsibility (CSR) has emerged and developed with the aim of constructing and directing the social responsibilities of economic and fi nancial institutions. The main objective of this paper is to study the concept of CSR from an Islamic perspective with special reference to the moral values that are essential in Islam. Importantly, Islamic banks are criticized for not considering the social dimensions related to development, which is an essential distinguishing point of Islamic moral economy. This paper therefore attempts to respond by suggesting a new paradigm within CSR framework to help Islamic banking and fi nancial institutions to overcome the gap between aspirations and realities. As a concrete policy implication, the paper suggests that Islamic banks should shift from the practice of giving charity and zakah in a traditional manner to a more systematic method of performing charity and zakah in order to ensure community development." @default.
• W643098785 created "2016-06-24" @default.
• W643098785 creator A5090437134 @default.
• W643098785 date "2012-03-01" @default.
• W643098785 modified "2023-09-26" @default.
• W643098785 title "Integrating Moral in a Dynamic Model of Corporate Social Responsibility in Islamic Economics and Finance" @default.
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