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How Do Islamic Values Influence CSR? A Systematic Literature Review of Studies from 1995–2020

Author

Listed:
  • Chengli Shu

    (Xi’an Jiaotong University)

  • Hammad Bin Azam Hashmi

    (Xi’an Jiaotong University)

  • Zhenxin Xiao

    (Xi’an Jiaotong University)

  • Syed Waqar Haider

    (Government College Women University)

  • Mishal Nasir

    (COMSATS University Islamabad)

Abstract

There is a considerable scholarly discussion regarding how Islamic values influence CSR, but prior studies remain fragmented and scattered across several fields. This paper, therefore, aims to offer a more comprehensive understanding of the impacts of Islamic values on CSR by conducting a systematic literature review of 84 relevant publications from 1995 through 2020. The results of a thematic analysis show that there are four underlying themes to consider when explaining the influence of Islamic values on CSR: (1) Islamic narratives promoting CSR, (2) Islam-based CSR, (3) Islamic financial institutions as enablers of CSR, and (4) stakeholders’ perspectives on how Islamic values influence CSR. This study contributes to the CSR literature by providing a systematic understanding of how Islamic values influence CSR and by identifying current challenges and promising directions for future exploration along this line of inquiry.

Suggested Citation

  • Chengli Shu & Hammad Bin Azam Hashmi & Zhenxin Xiao & Syed Waqar Haider & Mishal Nasir, 2022. "How Do Islamic Values Influence CSR? A Systematic Literature Review of Studies from 1995–2020," Journal of Business Ethics, Springer, vol. 181(2), pages 471-494, November.
    • Handle: RePEc:kap:jbuset:v:181:y:2022:i:2:d:10.1007_s10551-021-04964-4
    DOI: 10.1007/s10551-021-04964-4
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