The purpose of this paper is to examine the themes, locations, extent, and also trends of corporate social responsibility (CSR) disclosure of Bank<br />Islam Malaysia Berhad (BIMB) from 1992 to 2005. A disclosure index (checklist) and the extent of such disclosures were measured using content analysis based on number of sentences. The findings of this study show that BIMB prefers to disclose themes associated with employees, product, and service contributions and community involvement. Among the most popular locations in disclosing such information are in the chairman’s statement, financial statements, and directors’ report. The results also reveal that the bank has improved in terms of volume and the manner of presenting or disclosing CSR from year to year. This study is the first of its kind to be conducted on a company in a specific industry in Malaysia using a longitudinal approach, and its empirical findings complement the findings of prior studies.<br /><br />

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From the Islamic perspective, corporate social responsibility (CSR) is a mean to maintain a good relationship with Allah (SWT), other human beings and the environment. However, the process of managing CSR initiatives in accordance with Islamic principles has been given scarce attention in the literature. Thus, this study aims to describe and develop a managerial guideline for the process of managing CSR initiatives based on the Tawhid and Shariah paradigms. Using the case study approach, CSR key players and beneficiaries at Bank Islam Malaysia Berhad were interviewed, several series of in-field observations of these events were conducted and the CSR documentation was reviewed to better understand the processes involved. The findings of this study indicate that the processes of managing CSR initiatives at Bank Islam have become more systematic and well-planned. Hence, the proposed managerial guideline may add new insights to the CSR body of knowledge and may help business entities to manage CSR more systematically.

The notion of CSR from Islamic perspective has been viewed as a comprehensive discourse when it is already embedded the element of spiritual (Tawhid and Taqwa), economics, ethics and legality. However, there is a black box in the process of managing CSR fund which is used to conduct the CSR initiatives. Thus, this study attempts to revisit the issues by discussing Islamic concept of CSR practices and to gain insights the process of managing various sources of CSR fund. By using case study approach, a group of key CSR players at Bank Islam Malaysia Berhad as well as the recipients of the initiatives have been interviewed. Moreover, an in-field observation and CSR documentations analysis have been employed to get the whole picture of managing the CSR activities and also the fund. The results show that he CSR initiatives at the bank are highly associated with religious obligations and the main source of CSR fund is derived from the zakat fund. In addition, donation, non-compliance Shariah income and purification fund have been used to fulfill various stakeholders' demands. Thus, these findings provide an avenue to conceptualize the concept and practices of CSR in Islamic view and encourage other business entities to manage their financial resources (CSR fund) systematically to support the CSR activities.

This study examines the practice and inancial reporting requirements of the State Islamic Religious Councils (SIRCs) of ive states in Malaysia using a case study approach. Two data collection methods are used, namely document review and semi-structured interviews. Review of the SIRCs’ annual reports for the inancial years 2016 and 2017 is made by comparing the SIRCs’ current practice of inancial reporting and disclosure with respect to nine MPSAS (Malaysian Public Sector Accounting Standards) related to the presentation and disclosure of inancial statements. In addition, this study reviews and examines the Enactments/Ordinance of the Administration of Muslim Religious Affairs of each state. This is followed by interviews with fourteen respondents who are directly or indirectly involved in the preparation of the SIRCs’ inancial statements. Apart from that, consultation sessions with experts in Shari’ah, Muamalat or Islamic Economics, Law and Accounting/ Islamic Accounting have also been held. This study inds that not all transactions or items of the nine MPSAS exist in all SIRCs. However, all SIRCs prepare Separate and Consolidated Financial Statements. They also prepare Disclosure of Interests in Other Entities. Nevertheless, none of the SIRCs prepares Disclosure of Financial Information pertaining to General Government Sector and Joint Arrangements. After this, the study outlines the requirements of the proposed PPIIBZW that may be used as guidelines for the presentation and disclosure of SIRCs’ inancial statements. In conclusion, this study proposes certain recommendations aimed at improving the inancial statements of SIRCs. It is expected that the indings of the study could be able to assist relevant parties such as a SIRC and Accountant General’s Department of Malaysia in developing an accounting conceptual framework, as well as the accounting standards that suit SIRC. Keywords: Financial Statements, Accounting Standards, State Islamic Religious Council, Case Study, Malaysia