Maqasid al-shari'ah, maslahah and corporate social responsibility
The doctrine of corporate social responsibility (CSR), which has emerged and developed rapidly as a field of study, is a framework for the role of business in society. It sets standards of behavior to which a company must subscribe in order to impact society in a positive and productive manner while...
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The International Institute of Islamic Thought
2007
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| Online Access: | http://irep.iium.edu.my/2209/ http://irep.iium.edu.my/2209/1/dusuki-abdullah-maqasid%5B1%5D.pdf |
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iium-22092012-12-17T00:19:59Z http://irep.iium.edu.my/2209/ Maqasid al-shari'ah, maslahah and corporate social responsibility Dusuki, Asyraf Wajdi Abdullah, Nurdianawati Irwani HG Finance KBP1 Islamic law.Shariah.Fiqh The doctrine of corporate social responsibility (CSR), which has emerged and developed rapidly as a field of study, is a framework for the role of business in society. It sets standards of behavior to which a company must subscribe in order to impact society in a positive and productive manner while abiding by values that exclude seeking profit at any cost. Despite the many attempts to construe CSR initiatives, it remains open to wide criticism for its inherent problems via-à-vis justification, conceptual clarity, and possible inconsistency. These problems are more acute when it comes to implementing and operationalizing CSR on the ground,especially in a situation that involves trade-offs. This paper offers an instructive understanding of CSR from an Islamic perspective. In particular, the implication of maqasid al-Shari`ah (the Shari`ah’s objectives) and the application of maslahah (the public good) to CSR are discussed in detail to shed light on how Islam’s holistic and dynamic perception of CSR take into consideration reality and ever-changing circumstances. These principles also provide a better framework that managers can use when faced with potential conflicts arising from the diverse expectations and interests of a corporation’s stakeholders. The International Institute of Islamic Thought 2007-11 Article PeerReviewed application/pdf en http://irep.iium.edu.my/2209/1/dusuki-abdullah-maqasid%5B1%5D.pdf Dusuki, Asyraf Wajdi and Abdullah, Nurdianawati Irwani (2007) Maqasid al-shari'ah, maslahah and corporate social responsibility. The American Journal of Islamic Social Sciences (AJISS), 24 (1). pp. 25-45. ISSN 0742-6763 |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
International Islamic University Malaysia |
| building |
IIUM Repository |
| collection |
Online Access |
| language |
English |
| topic |
HG Finance KBP1 Islamic law.Shariah.Fiqh |
| spellingShingle |
HG Finance KBP1 Islamic law.Shariah.Fiqh Dusuki, Asyraf Wajdi Abdullah, Nurdianawati Irwani Maqasid al-shari'ah, maslahah and corporate social responsibility |
| description |
The doctrine of corporate social responsibility (CSR), which has emerged and developed rapidly as a field of study, is a framework for the role of business in society. It sets standards of behavior to which a company must subscribe in order to impact society in a positive and productive manner while abiding by values that exclude seeking profit at any cost. Despite the many attempts to
construe CSR initiatives, it remains open to wide criticism for its inherent problems via-à-vis justification, conceptual clarity, and possible inconsistency. These problems are more acute when it comes to implementing and operationalizing CSR on the ground,especially in a situation that involves trade-offs.
This paper offers an instructive understanding of CSR from an Islamic perspective. In particular, the implication of maqasid al-Shari`ah (the Shari`ah’s objectives) and the application of maslahah (the public good) to CSR are discussed in detail to shed light on how Islam’s holistic and dynamic perception of CSR take into consideration reality and ever-changing circumstances. These principles also provide a better framework that managers can use
when faced with potential conflicts arising from the diverse
expectations and interests of a corporation’s stakeholders. |
| format |
Article |
| author |
Dusuki, Asyraf Wajdi Abdullah, Nurdianawati Irwani |
| author_facet |
Dusuki, Asyraf Wajdi Abdullah, Nurdianawati Irwani |
| author_sort |
Dusuki, Asyraf Wajdi |
| title |
Maqasid al-shari'ah, maslahah and corporate social responsibility |
| title_short |
Maqasid al-shari'ah, maslahah and corporate social responsibility |
| title_full |
Maqasid al-shari'ah, maslahah and corporate social responsibility |
| title_fullStr |
Maqasid al-shari'ah, maslahah and corporate social responsibility |
| title_full_unstemmed |
Maqasid al-shari'ah, maslahah and corporate social responsibility |
| title_sort |
maqasid al-shari'ah, maslahah and corporate social responsibility |
| publisher |
The International Institute of Islamic Thought |
| publishDate |
2007 |
| url |
http://irep.iium.edu.my/2209/ http://irep.iium.edu.my/2209/1/dusuki-abdullah-maqasid%5B1%5D.pdf |
| first_indexed |
2023-09-18T20:09:44Z |
| last_indexed |
2023-09-18T20:09:44Z |
| _version_ |
1777407396863279104 |