Corporate Social Responsibility Disclosure (A Comparison between Islamic and Conventional Financial Institutions in Bahawalpur Region)

Abstract

Purpose:-The purpose of this paper is to compare the Corporate Social Responsibility practices in Islamic and Conventional banking. And the working of CSR in both IFIs and CFIs or either both institution work on same pattern.

Design/methodology/approach: - By using content analysis approach, the paper examines the working of Corporate Social Responsibility practices in 10 Islamic banks and 10 Conventional banks.

Findings:-The results show positive & little significant difference in the level and the degree of the disclosures between Islamic and Conventional banking. This difference is due to expose of IFIs by religious Islam.

Originality/value: - This paper’s contribution to the literature shows the actual difference of CSRD by comparing disclosures between Islamic and Conventional banking. The paper shows the level of pressure of Islamic concepts and beliefs on CSRD in Islamic banking.

Keywords: - Corporate Social Responsibility, Disclosure, Islam, Financial institutions, Islamic Banking, Conventional banking.