The significance of corporate social responbility in sustainable development: An analysis from an Islamic Law Perspective

Setiawan, Iwan (2023) The significance of corporate social responbility in sustainable development: An analysis from an Islamic Law Perspective. JOURNAL OF LAW AND SUSTAINABLE DEVELOPMENT, 11 (9). pp. 1-23. ISSN 2764-4170

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Abstract

Objective: This research aims to investigate the role of Islamic values in shaping Corporate Social Responsibility (CSR) practices and their impact on achieving sustainable development goals. Theoretical Framework: The study addresses the increasing significance of CSR and its integration with sustainable development, particularly from the perspective of Islamic business ethics. It explores how Islamic values influence CSR initiatives, aligning them with principles that foster environmental responsibility and social equity. Method: A systematic literature review method was employed to analyze a broad range of scholarly articles and reports. This analysis focused on examining the compatibility of CSR practices with Islamic principles. Result and Conclusion: The findings of this study demonstrate that CSR practices rooted in Islamic values have a positive impact on sustainable development. Such practices promote environmental responsibility and contribute to social equity. This research emphasizes the potential of Islamic business ethics to guide CSR strategies toward more inclusive and sustainable outcomes. Originality/Value: This research contributes to the field of CSR by highlighting the importance of incorporating Islamic principles into CSR frameworks. It underscores how such integration can advance sustainable development on a global scale.

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