The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh

Corporate Social Responsibility (CSR) refers to corporate action that helps achieving a sustainable society through positive contributions. In Islam, the idea of CSR has been an integral part of business for nearly fourteen centuries. Unfortunately, the concept of CSR per Sharia has not been practis...

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Main Author: Hossain, Mohammad Faruk
Format: Thesis
Language:eng
eng
Published: 2023
Subjects:
Online Access:https://etd.uum.edu.my/11061/1/depositpermission-s901521.pdf
https://etd.uum.edu.my/11061/2/s901521_01.pdf
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spelling my-uum-etd.110612024-03-20T00:10:12Z The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh 2023 Hossain, Mohammad Faruk Md. Ismail, Che Thalbi Mahdzir, Nazli College of Law, Government and International Studies (COLGIS) College of Law, Government and International Studies HD2709-2930.7 Corporations Corporate Social Responsibility (CSR) refers to corporate action that helps achieving a sustainable society through positive contributions. In Islam, the idea of CSR has been an integral part of business for nearly fourteen centuries. Unfortunately, the concept of CSR per Sharia has not been practised even in Sharia-based businesses due to the lack of practical discussion and concentration. This study, therefore, reconnoitres CSR per Sharia in Halal-certified businesses in Bangladesh to promote responsible and ethical business practices. The primary focus of this research is to analyse the law, policies, and guidelines relating to CSR that is applicable in Halal-certified businesses, also to assess their strengths and weaknesses, which may affect the implementation of CSR in Halal-certified businesses in Bangladesh. The study also analyses the practices of CSR in Halal-certified businesses so as to understand whether it fulfils the concept of CSR. This study proposes improvements to the current CSR practices in Halal-certified businesses in Bangladesh by considering Sharia principles, Sharia-based universal CSR reporting guidelines, and CSR practices in Malaysia. To achieve the described objectives, this study embarked on qualitative research using library research and interviews. This study concludes that the current practice of CSR in Halal-certified businesses in Bangladesh is weak. The existing laws are ineffective and cannot ensure CSR in Halal-certified businesses. Consequently, the researcher recommends Bangladesh to improve the laws, set up CSR surveillance, and expand initiatives to increase public awareness regarding the concept of CSR per Sharia. The findings of this study can be the basis for setting up an effective mechanism of CSR or becoming an entry point to initiate legal drafting on CSR in Halal-certified businesses. 2023 Thesis https://etd.uum.edu.my/11061/ https://etd.uum.edu.my/11061/1/depositpermission-s901521.pdf text eng staffonly https://etd.uum.edu.my/11061/2/s901521_01.pdf text eng public other doctoral Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Md. Ismail, Che Thalbi
Mahdzir, Nazli
topic HD2709-2930.7 Corporations
spellingShingle HD2709-2930.7 Corporations
Hossain, Mohammad Faruk
The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh
description Corporate Social Responsibility (CSR) refers to corporate action that helps achieving a sustainable society through positive contributions. In Islam, the idea of CSR has been an integral part of business for nearly fourteen centuries. Unfortunately, the concept of CSR per Sharia has not been practised even in Sharia-based businesses due to the lack of practical discussion and concentration. This study, therefore, reconnoitres CSR per Sharia in Halal-certified businesses in Bangladesh to promote responsible and ethical business practices. The primary focus of this research is to analyse the law, policies, and guidelines relating to CSR that is applicable in Halal-certified businesses, also to assess their strengths and weaknesses, which may affect the implementation of CSR in Halal-certified businesses in Bangladesh. The study also analyses the practices of CSR in Halal-certified businesses so as to understand whether it fulfils the concept of CSR. This study proposes improvements to the current CSR practices in Halal-certified businesses in Bangladesh by considering Sharia principles, Sharia-based universal CSR reporting guidelines, and CSR practices in Malaysia. To achieve the described objectives, this study embarked on qualitative research using library research and interviews. This study concludes that the current practice of CSR in Halal-certified businesses in Bangladesh is weak. The existing laws are ineffective and cannot ensure CSR in Halal-certified businesses. Consequently, the researcher recommends Bangladesh to improve the laws, set up CSR surveillance, and expand initiatives to increase public awareness regarding the concept of CSR per Sharia. The findings of this study can be the basis for setting up an effective mechanism of CSR or becoming an entry point to initiate legal drafting on CSR in Halal-certified businesses.
format Thesis
qualification_name other
qualification_level Doctorate
author Hossain, Mohammad Faruk
author_facet Hossain, Mohammad Faruk
author_sort Hossain, Mohammad Faruk
title The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh
title_short The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh
title_full The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh
title_fullStr The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh
title_full_unstemmed The Practice of Corporate Social Responsibility in Halal-Certified Businesses in Bangladesh
title_sort practice of corporate social responsibility in halal-certified businesses in bangladesh
granting_institution Universiti Utara Malaysia
granting_department College of Law, Government and International Studies (COLGIS)
publishDate 2023
url https://etd.uum.edu.my/11061/1/depositpermission-s901521.pdf
https://etd.uum.edu.my/11061/2/s901521_01.pdf
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