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

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)....

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Published in:Heliyon
Main Author: Madah Marzuki M.; Nik Abdul Majid W.Z.; Rosman R.
Format: Article
Language:English
Published: Elsevier Ltd 2023
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85173149445&doi=10.1016%2fj.heliyon.2023.e20501&partnerID=40&md5=d4a17d1b7981152caf2cb442baf9df50
id 2-s2.0-85173149445
spelling 2-s2.0-85173149445
Madah Marzuki M.; Nik Abdul Majid W.Z.; Rosman R.
Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
2023
Heliyon
9
10
10.1016/j.heliyon.2023.e20501
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85173149445&doi=10.1016%2fj.heliyon.2023.e20501&partnerID=40&md5=d4a17d1b7981152caf2cb442baf9df50
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. © 2023
Elsevier Ltd
24058440
English
Article
All Open Access; Gold Open Access
author Madah Marzuki M.; Nik Abdul Majid W.Z.; Rosman R.
spellingShingle Madah Marzuki M.; Nik Abdul Majid W.Z.; Rosman R.
Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
author_facet Madah Marzuki M.; Nik Abdul Majid W.Z.; Rosman R.
author_sort Madah Marzuki M.; Nik Abdul Majid W.Z.; Rosman R.
title Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
title_short Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
title_full Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
title_fullStr Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
title_full_unstemmed Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
title_sort Corporate social responsibility and Islamic social finance impact on banking sustainability post-COVID-19 pandemic
publishDate 2023
container_title Heliyon
container_volume 9
container_issue 10
doi_str_mv 10.1016/j.heliyon.2023.e20501
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-85173149445&doi=10.1016%2fj.heliyon.2023.e20501&partnerID=40&md5=d4a17d1b7981152caf2cb442baf9df50
description 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. © 2023
publisher Elsevier Ltd
issn 24058440
language English
format Article
accesstype All Open Access; Gold Open Access
record_format scopus
collection Scopus
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