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Journal of Business Ethics

, Volume 129, Issue 4, pp 785–794 | Cite as

Corporate Social Responsibility and Islamic Financial Institutions (IFIs): Management Perceptions from IFIs in Bahrain

  • Zakaria Ali AribiEmail author
  • Thankom Arun
Article

Abstract

Islamic finance is gaining greater attention in the finance industry, and this paper analyses how Islamic financial institutions (IFIs) are responding to the welfare needs of society. Using interview data with managers and content analysis of the disclosures, this study attempts to understand management perceptions of corporate social responsibility (CSR) in IFIs. A thorough understanding of CSR by managers, as evident in the interviews, has not been translated fully into practice. The partial use of IFIs’ potential role in social welfare would add further challenges in the era of financialisation.

Keywords

Islamic finance Management perceptions Corporate social responsibility Bahrain 

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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.Institute of Global Finance and Development, Lancashire Business SchoolThe University of Central LancashirePrestonUK

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