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Empowering social responsibility of Islamic organizations through Waqf

Author

Listed:
  • Darus, Faizah
  • Ahmad Shukri, Nurul Huda
  • Yusoff, Haslinda
  • Ramli, Aliza
  • Mohamed Zain, Mustaffa
  • Abu Bakar, Nur Ain

Abstract

Engaging in social responsibility practices is currently being viewed as essential to Islamic organizations. The potential of using waqf as a source of funding for such practices has not been vastly explored. The aim of this study is to provide evidence of the current corporate social responsibility (CSR) practices of Islamic financial institutions (IFIs) and to examine the viability of using waqf for the purpose of CSR.

Suggested Citation

  • Darus, Faizah & Ahmad Shukri, Nurul Huda & Yusoff, Haslinda & Ramli, Aliza & Mohamed Zain, Mustaffa & Abu Bakar, Nur Ain, 2017. "Empowering social responsibility of Islamic organizations through Waqf," Research in International Business and Finance, Elsevier, vol. 42(C), pages 959-965.
    • Handle: RePEc:eee:riibaf:v:42:y:2017:i:c:p:959-965
    DOI: 10.1016/j.ribaf.2017.07.030
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    References listed on IDEAS

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    1. Bassam Maali & Peter Casson & Christopher Napier, 2006. "Social reporting by islamic banks," Abacus, Accounting Foundation, University of Sydney, vol. 42(2), pages 266-289, June.
    2. Suk-Jun Lim & Joe Phillips, 2008. "Embedding CSR Values: The Global Footwear Industry’s Evolving Governance Structure," Journal of Business Ethics, Springer, vol. 81(1), pages 143-156, August.
    3. Zakaria Ali Aribi & Simon Gao, 2010. "Corporate social responsibility disclosure," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 8(2), pages 72-91, October.
    4. Bettner, Mark & McGoun, Elton & Robinson, Chris, 1994. "The case for qualitative research in finance," International Review of Financial Analysis, Elsevier, vol. 3(1), pages 1-18.
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    2. Nor Hanani Binti Ismail, 2018. "Validity Measurement of WAQF Related Research in Scopus Indexed Journals: A Rabbani Approach Analysis," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 376-381:6.
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    4. Chengli Shu & Hammad Bin Azam Hashmi & Zhenxin Xiao & Syed Waqar Haider & Mishal Nasir, 2022. "How Do Islamic Values Influence CSR? A Systematic Literature Review of Studies from 1995–2020," Journal of Business Ethics, Springer, vol. 181(2), pages 471-494, November.

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