Hussein Elasrag

Islamic Concept of Corporate Social Responsibility Hussein Elasrag

The concept of social responsibility in Islam is based on Islamic religious values and beliefs derived from the Holy Quran and Sunnah. It may come to mind if the term social responsibility is understood to mean activating the interest in collecting and distributing zakat, giving alms and providing financial aid to people with social needs. This, however, runs counter to the true meaning of this responsibility, because its concept, nature and significance far outweigh these frameworks. This book aims to examines how the Islam attempts to address the fiduciary responsibilities of firms to organizational stakeholders, particularly within developing societies, where government is oftentimes unable or unwilling to uphold its economic, political, and social obligations to society.