This paper investigates change in Egyptian Islamic banks' social reporting practices in pre-and post-Egyptian two revolutions in 2011 and 2013. The study analyzes the volume, quality, and nature of social reporting practices of the three major Islamic banks' websites and annual reports in pre-and postrevolutions periods using content analysis. The results articulate the increase in social reporting practices in post-two revolutions era. Nevertheless, Egyptian Islamic Banks failed to socially legitimize themselves because of shortage of disclosure about information in relation to how Islamic banks comply with Sharia, policy towards insolvent clients, unlawful (Haram) transactions, human rights, fighting terrorism, environmental policy, training in relation to Sharia, and equal opportunities. This research adopts legitimacy theory to interpret the results within the exclusive social and political circumstances of Egypt in pre and post two revolutions. These findings have important implications to policy makers in Egypt and possibly across the Arab world.

This paper analyzes local-global Corporate Social Responsibility (CSR) accounting reporting practices in Egyptian financial institutions' annual reports and websites. Also, it explores ways forward the Egyptian Corporate Governance (CG) code can enhance CSR accounting reporting after two revolutions. A content analysis is conducted on the annual reports and websites of various banks (public, private and joint venture, branches of foreign banks). The employed disclosure index uses the European Social Justice Index (ESJI), Global Reporting Initiatives (GRI), literature, and a pilot review of Egyptian banks' annual reports and websites. The results indicate that western CSR reporting practices in Egyptian banks' annual reports and websites have hegemony over local concerns of CSR such as zakat fund, quard hassan, public policy, unlawful (haram) transactions, and cultural issues. Furthermore, this research concludes by giving insights for the development of CG code to enhance the quality of CSR reporting.