Maqasid Shariah in Corporate Social Responsibility of Shari’ah Compliant Companies

Abstract

The paper attempts to assess whether the four dimensions of Corporate Social Responsibility (CSR), namely workplace, environment, community and market place of Shari’ah Compliant Companies are in line with the objectives of Shari’ah (Maqasid Shari’ah). CSR is a part of the voluntary disclosure information included in the annual report. This paper discusses the four dimensions of CSR from Maqasid Shar’iah perspective by utilizing library research and survey data.  Towards the end, this paper focuses on the significance of disclosing this dimension from maqasid perspective in order to highlight general and specific guideline as a source of reference for Sha’riah Compliant Companies.

Keyword: Voluntary Disclosure, Maqasid Shari’ah, Islam, Corporate Social Responsibility, Shari’ah Compliant Companies.