Structures and Forms of Existence

Paroń, Aleksander; Anessi, Thomas

doi:10.1163/9789004441095_006

Cited by 1 publication

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“…Al-Maghribi in his book concludes that CSR is obligatory on each Muslim community to implement it in society in any field. 16 According to Yusuf, a study conducted by Ekawati was to explore the concepts zakat, CSR and community development while the concept of CSR in Islam concludes that social responsibility in Islam is built on four basic principles; unity, justice, free will and responsibility. Furthermore, Wan Jusoh, discuss on the status of CSR concept and the accountability of Islamic bank as a legal entity in performing CSR from an Islamic point of view.…”

Section: The Concept Of Corporate Social Responsibility From An Islam...mentioning

confidence: 99%

Corporate Social Responsibility under the Maqasid Syariah Concept in Malaysia: Why Does it Matter?

Abd Aziz,

Abd Ghadas,

Ossofo

2023

JMH

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Corporate Social Responsibility (CSR) is an essential component of the shariah corporation framework. In the current corporate model, CSR is still an option rather than a company objective. The need for CSR is still being debated among companies, with some believing that it is in the long-term self-interest of a business to be socially responsible, while others view CSR as weakening a business's primary purpose. Islamic law requires Muslims to not only be governed by the al-Quran and as-Sunnah but also to be subject to the objective of Syariah, namely Maqasid Syariah. The research aims to provide analysis and recommendations to improve the practice of CSR according to the concept of Maqasid Syariah. This qualitative research used doctrinal legal method with employing secondary data. The outcome of this research is significant as a basis for law reform to develop a Shariah Compliant Corporation. It is crucial to incorporate CSR into the Shariah-compliant business model to ensure that businesses are responsible not only for maximizing profits but also for contributing positively to society. The incorporation of CSR into the Syariah-compliant business model is crucial in achieving the objectives of Syariah, namely, the promotion of human welfare, justice, and sustainability

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Section: The Concept Of Corporate Social Responsibility From An Islam...mentioning

confidence: 99%