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ESG Scores and Islamic Banks: An Observation and Call to Action

In: Research on Islamic Business Concepts

Author

Listed:
  • Ahmed Tarabishi

    (American University of Sharjah)

  • Roy Sinno

    (American University of Sharjah)

  • Kimberly Gleason

    (American University of Sharjah)

  • Osamah AlKhazali

    (American University of Sharjah)

Abstract

While substantial research has focused on the corporate social responsibility of conventional banks, less is known regarding the environmental, social, and governance attributes of Islamic banks relative to their conventional counterparts in Islamic majority countries. In this paper, we provide preliminary evidence indicating that Islamic bank performance in environmental and social attributes are weaker than conventional banks, and issue a call to action for a subsequent research agenda to assess why this is the case.

Suggested Citation

  • Ahmed Tarabishi & Roy Sinno & Kimberly Gleason & Osamah AlKhazali, 2023. "ESG Scores and Islamic Banks: An Observation and Call to Action," Springer Proceedings in Business and Economics, in: Veland Ramadani & Baker Ahmad Alserhan & Leo Paul Dana & Jusuf Zeqiri & Hasan Terzi & Mehmet Bayirli (ed.), Research on Islamic Business Concepts, pages 259-274, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-18663-9_16
    DOI: 10.1007/978-3-031-18663-9_16
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