CSR in the Accounting Perspective and Islamic Law Sources Anna Sutrisna S-Basuki-Alfa Rahmiati
Airlangga University
Abstract
Purpose: This article aims to identify and understand the implementation of corporate social responsibility (CSR) in accounting based on the perspective of primary and secondary sources of Islamic law. The Al-Qur^an and Hadith are primary sources of law, while the Ijtihat of Friends and Qiyas are secondary sources.
Design/methodology/approach: This article is a literature study consisting of three stages, First, it is done by looking for references from various sources, especially references to CSR and sources of Islamic law (Al-Qur^an, Al-Hadith, Ijtihat, and Qiyas). Second, analyze what values are contained in the Al-Qur^an, Al-Hadith, Ijtihat, and Qiyas. Third, it is to conduct an analysis by linking the values contained in the Al-Qur^an, Al-Hadith, Ijtihat, and Qiyas with the CSR programs implemented in various Islamic bank entities and in non-bank Islamic entities.
Finding: The results of the literature review show that there are very interesting things in this research article, namely, the discovery of references to the 2015 Annual Report of PT Bank Muamalat Indonesia, which states that one source of funding from the CSR program at PT Bank Muamalat Indonesia (BMI) is sourced from Zakat, Infak, and Shodakoh (ZIS) funds. This phenomenon is contrary to the Word of Allah Subhana Wata^ala in the Qur^an^s Surah At-Taubah verse 60, which is about eight asnaf, or groups of people, who are entitled to receive zakat.
Research limitations and implications: According to Islamic law sources, CSR has implications for all institutions, both financial and non-financial, whether engaged in the service sector, trade, or manufacturing industry. This study has a limitation because the researcher has only described one business entity in the field of Islamic banking services, namely the implementation of CSR based on the perspective of sources of Islamic law at PT Bank Muamalat Indonesia.
Practical implication: If all business entities conduct their operations in accordance with Islamic law, they will, without a doubt, provide goods, safety, benefits, and welfare to all creatures (humans) as well as flora and fauna.
Originality/Value: This research has never been carried out from the perspective of Islamic law in the Islamic banking sector.
Keywords: Al-Qur^an, Hadits, Ijtihat, Qiyas, CSR in Accounting
