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Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic

Madah Marzuki, Marziana and Nik Abdul Majid, Wan Zurina and Rosman, Romzie (2023) Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic. Heliyon, 9 (10). ISSN 2405-8440

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Abstract

This study aims to explore Corporate Social Responsibility (CSR) and Islamic Social Finance activities in Bank Pembangunan Malaysia Berhad (BPMB) as one of the Development of Financial Institutions (DFIs) in Malaysia and their impact on sustainability post-coronavirus disease (COVID-19) (2021–2023). A semi-structured interview was conducted among the top management and employees of BPMB. Resultantly, the bank has aligned its Islamic Social Finance and CSR activities with the third Sustainable Development Goal (SDG). Nevertheless, the impact on banking sustainability post-pandemic remains uncertain as efforts towards SDG remain at the preliminary stage. Conclusively, Islamic Social Finance and CSR are critical to enhance banking sustainability. This study provide insight to other DFIs in understanding the role of Corporate Social Responsibility (CSR) and Islamic Social Finance activities in achieving sustainability post pandemic.

Item Type: Article (Journal)
Uncontrolled Keywords: Islamic social finance, CSR, SDG, Sustainability
Subjects: H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Institute of Islamic Banking & Finance (IIiBF)
Depositing User: Dr. ROMZIE ROSMAN
Date Deposited: 03 Oct 2023 09:49
Last Modified: 19 Oct 2023 10:30
URI: http://irep.iium.edu.my/id/eprint/107221

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