Zafar, Muhammad Bilal and Sulaiman, Ahmad Azam (2021) Corporate social responsibility disclosure and Islamic banks: a case study of Pakistan. Journal of Islamic Accounting and Business Research, 13 (1). pp. 73-97. ISSN 1759-0817, DOI https://doi.org/10.1108/JIABR-12-2020-0373.
Full text not available from this repository.Abstract
Purpose: This paper aims to gauge the level of corporate social responsibility (CSR) disclosure of Islamic banks of Pakistan. Design/methodology/approach: The annual reports of Islamic banks of Pakistan from the year 2003 to 2017 were considered as the source of data. The content analysis method was used to gauge the level of CSR disclosure with the help of the CSR disclosure index. Islamic banks proclaim religiously motivated and ethical institutions; hence, full disclosure was expected from Islamic banks in the domain of CSR. Findings: The average level of CSR disclosure of Islamic banks after a one-and-a-half decade of Islamic banking in Pakistan is 31.23, which is far below the expected level of CSR disclosure and even below the mean level. The mean comparison analyzes show that the level of CSR disclosure differs among the Islamic banks, old and large Islamic banks are disclosing more information, in addition, the local Islamic banks have a relatively high level of CSR disclosure as compare to the foreign Islamic banks. Research limitations/implications: The current CSR disclosure policy of the government regarding corporations in Pakistan is insufficient. There is a need to revise this policy which may result in higher CSR disclosure. The results indicate, that there is a difference in CSR disclosure among local and foreign Islamic banks, so this policy must address this aspect as well. Originality/value: Islamic banking proclaims a new wave of the corporate that has higher social objectives, but a contradiction exists among the ideology and reality of social responsibility of Islamic banks. Then, this study also supports that the same dilemma of low CSR disclosure also prevails in the Islamic banks of Pakistan. © 2021, Emerald Publishing Limited.
| Item Type: | Article |
|---|---|
| Funders: | None |
| Uncontrolled Keywords: | Corporate social responsibility; CSR disclosure; Islamic banks; Pakistan |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HG Finance > Banking |
| Divisions: | Academy of Islamic Studies > Dept of Syariah & Economics |
| Depositing User: | Ms Zaharah Ramly |
| Date Deposited: | 13 Oct 2023 05:37 |
| Last Modified: | 13 Oct 2023 05:37 |
| URI: | http://eprints.um.edu.my/id/eprint/35589 |
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