Islamic Corporate Social Reporting : Perspective of Makasid Al Shariah

Fairoz Mhemed Ahmad Issalih; Azlan Amran; Faizah Darus; Haslinda Yusoff; Zain , Mustafa Md.

doi:10.12816/0026020

Article Details

Islamic Corporate Social Reporting : Perspective of Makasid Al Shariah

Authors:

Fairoz Mhemed Ahmad Issalih | Azlan Amran | Faizah Darus | Haslinda Yusoff | Zain , Mustafa Md.

Publisher:

Islami Bank Training and Research Academy

Main Topics:

Islam, Bábism & Bahá"í Faith

Journal:

Journal of Islamic Economics, Banking and Finance 2015 Vol.11 Issue 1, pp.93-121

Document Type:

Article

Publication Date:

3/2015

Document Language:

English

Document ID (Org No.):

86291

Frequency:

Quarterly

pISSN:

20704658

DOI:

10.12816/0026020

Descriptors:

Abstract:

 The increasing power of Islamic fund is noticeable which require further attention of thepractices of Corporate Social Disclosure. Previous studies in Islamic perspective ofaccounting literature dealt with issues in financial accounting and reporting rather thansocial accounting (Maali, Casson and Napier, 2006; Farook and Lanis, 2007 ;and Huseein, 2010) and even number of these studies argue that there is a need under Islamicteachings for more embracing criteria of social accountability and full disclosure (seeGambling and Karim, 1986; Mirza and Baydoun, 1999; Baydoun and Willett, 2000;Sulaiman, 2001; Lewis, 2001; Sulaiman and Willett, 2001; Maali et al., 2006), however mostof them normally attempted to find the research of Islamic perspective of accounting to socialaccounting debates in the Western context. The main intention of this article is to develop aIslamic CSR framework based on the concept of Maqasid Al Shariah. It plans to explain howIslamic shariah envisage corporate social reporting, specifically by developing a frameworkcontaining three dimensions (objectives, content and information types). The study reviewedpast studies that have been conducted and will further explain on the approach used indeveloping the framework. It will than present the proposed Islamic CSR framework.Azlan Amran is an Associate Professor at Graduate School of Business, Universiti SainsMalaysia, Penang, Malaysia: azlan_amran@usm.my

Article Details

Islamic Corporate Social Reporting : Perspective of Makasid Al Shariah

Authors:

Fairoz Mhemed Ahmad Issalih | Azlan Amran | Faizah Darus | Haslinda Yusoff | Zain , Mustafa Md.

Publisher:

Islami Bank Training and Research Academy

Main Topics:

Islam, Bábism & Bahá"í Faith

Journal:

Journal of Islamic Economics, Banking and Finance 2015 Vol.11 Issue 1, pp.93-121

Document Type:

Article

Publication Date:

3/2015

Document Language:

English

Document ID (Org No.):

86291

Frequency:

Quarterly

pISSN:

20704658

DOI:

10.12816/0026020

Descriptors:

ACCOUNTING

SOCIAL ACCOUNTS

FIVE BASIC NEEDS

ISLAMIC LAW

ISLAMIC BANKING

Issues

Article Details

Islamic Corporate Social Reporting : Perspective of Makasid Al Shariah

Authors: Fairoz Mhemed Ahmad Issalih | Azlan Amran | Faizah Darus | Haslinda Yusoff | Zain , Mustafa Md.

Publisher: Islami Bank Training and Research Academy

Main Topics: Islam, Bábism & Bahá"í Faith

Journal: Journal of Islamic Economics, Banking and Finance 2015 Vol.11 Issue 1, pp.93-121

Document Type: Article

Publication Date: 3/2015

Document Language: English

Document ID (Org No.): 86291

Frequency: Quarterly

pISSN: 20704658

DOI: 10.12816/0026020

Descriptors:

ACCOUNTING

SOCIAL ACCOUNTS

FIVE BASIC NEEDS

ISLAMIC LAW

ISLAMIC BANKING

Issues

Authors:

Fairoz Mhemed Ahmad Issalih | Azlan Amran | Faizah Darus | Haslinda Yusoff | Zain , Mustafa Md.

Publisher:

Islami Bank Training and Research Academy

Main Topics:

Islam, Bábism & Bahá"í Faith

Journal:

Journal of Islamic Economics, Banking and Finance 2015 Vol.11 Issue 1, pp.93-121

Document Type:

Article

Publication Date:

3/2015

Document Language:

English

Document ID (Org No.):

86291

Frequency:

Quarterly

pISSN:

20704658

DOI:

10.12816/0026020