Implementation of Corporate Social Responsibility in Islamic Banking in Indonesia

DOI

10.2991/assehr.k.210615.098How to use a DOI?

Keywords

Corporate Social Responsibility (CSR), Islamic Bank, Community Empowerment

Abstract

Corporate Social Responsibility (CSR) adoption in Indonesia demonstrates promising trends, with an annual growth. CSR is a strategy in which businesses incorporate social issues into their activities and relationships with customers on the basis of volunteerism and collaboration. Sharia Banking Law Number 21 of 2008 states that in addition to performing economic activities, it also contributes to the health of the people. Islamic banking can fulfill one of these goals through the practice of baitul mal, which is the receipt of funds from zakat, gifts, alms, or other public social funds. The aim of this analysis is to examine how CSR is implemented in Islamic banks in Indonesia. This research employs a descriptive qualitative approach to provide a more detailed description of the data. The thesis discusses the idea of CSR in Islamic banking, dubbed Al-Qardhul Hasan, which emphasizes collective empowerment projects as a means of educating the community about the importance of sustainable growth.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - HS Sufyati
PY  - 2021
DA  - 2021/06/17
TI  - Implementation of Corporate Social Responsibility in Islamic Banking in Indonesia
BT  - Proceedings of the 2nd Annual Conference on blended learning, educational technology and Innovation (ACBLETI 2020)
PB  - Atlantis Press
SP  - 525
EP  - 530
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210615.098
DO  - 10.2991/assehr.k.210615.098
ID  - Sufyati2021
ER  -