Corporate Social Responsibility in the United Arab Emirates: Principles and Communication Strategy

Zamoum, Khaled; Gorpe, T. Serra

doi:10.1007/978-3-030-32902-0_5

Cited by 3 publications

(2 citation statements)

References 11 publications

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“…The federal government of the UAE has been highly purposeful in ensuring that there is effective development of creative sustainable development projects aligned with different organizations' goals and aims to enhance the economy, society and the overall environment. One of the first CSR initiatives of this project was the establishment of the CSR National Index which aims to provide statistics on the contributions made by private sectors to the development of CSR practices in the country and rank companies accordingly (Zamoum, 2020). Another initiative consists of the CSR smart platform that helps companies to make use of programmes and activities in developing interaction between governmental and private sectors, which allows them to contribute to the UAE well-being.…”

Section: Corporate Social Responsibility In Islamic Banking Sector: Empirical Evidence Including the Uae Evidencementioning

confidence: 99%

Corporate social responsibility in Islamic banks: to which extent does Abu Dhabi Islamic bank comply with the global reporting initiative standards?

Al-Haija¹,

Kolsi²

2021

JIABR

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Purpose The purpose of this case study is to explore whether Abu Dhabi Islamic Bank (ADIB) complies with the Global Reporting Initiative Standards in terms of corporate social responsibility (CSR) disclosure practices for the period 2014–2019. Design/methodology/approach By analysing both annual and sustainability reports of the bank using content analysis for each Global Reporting Initiative (GRI) category, 100 universal standards, 200 economic standards, 300 environmental standards, 400 social standards. The authors then compute and discuss the degree of compliance of ADIB disclosures by using annual charts and graphs. Findings Results show that, although ADIB issues sustainability reports, numerous GRI standards do not appear in the bank’s reports such as general disclosures GRI 102, economic disclosures items such as anti-competitive behaviour GRI 206 and environmental disclosures such as gas emissions GRI 305 due to the nature of bank’s activities. However, the bank focuses mainly on social standards GRI 400 including community services, training and development. Hence, ADIB partially complies with the GRI standards (2016) especially social disclosures. Research limitations/implications The study encompasses some limitations: first, due to the discretionary nature of CSR reporting, many items were ignored or missed for the full period. Second, the disclosure of a sustainability report by the company was only available for the year 2017, which, in turn, makes it difficult for comparison. Practical implications The findings of this study have important implications for academics and researchers, and practitioners as they pave the way for further investigation regarding CSR compliance of Islamic financial institutions. The results also have important implications for Accounting and Auditing Organization for Islamic Financial Institutions in developing a CSR reporting standard if Islamic banks are to enhance their image globally and to maintain competitive advantages. Originality/value This paper contributes to the growing debate on CSR disclosures in the Islamic banking industry by comparing ADIB practices with regard to the GRI standards.

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Section: Corporate Social Responsibility In Islamic Banking Sector: Empirical Evidence Including the Uae Evidencementioning

confidence: 99%

Corporate social responsibility in Islamic banks: to which extent does Abu Dhabi Islamic bank comply with the global reporting initiative standards?

Al-Haija¹,

Kolsi²

2021

JIABR

View full text Add to dashboard Cite

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“…This is clearly reflected in the UAE Vision 2021 initiative that presents the country's aspirations for sustainable advancement on the economic, social and environmental levels (UAE Committee on SDGS, 2017). In addition, UAE-based companies such as Emirates Airlines has implemented several environmentally friendly programs for reducing carbon emissions and investing in renewable energy sources (Zamoum and Gorpe, 2020). Likewise, Majid Al-Futtaim, a leading conglomerate in the Middle East region, is committed to reducing the company's carbon footprint and implementing LEED certification for its buildings (Saundalkar, 2022).…”

Section: Context Of the Studymentioning

confidence: 99%

Understanding Social Responsibility Awareness Among University Students

Blaique,

Nazmy,

Aldabbas

et al. 2023

J. of Law and Sust. Develop.

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Objective: The purpose of this study is to try to understand to what extent do demographic factors including gender, age, marital status, educational level, university year, major course, internship experience and country influence students’ social responsibility awareness. Methods: Data was collected from three different countries in the Middle East, namely United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA) and Egypt. Descriptive analysis was conducted on a sample of 533 students registered in graduate and undergraduate programs at different universities. Results: The findings of the study reveal a relationship between some demographic characteristics and student social responsibility awareness. Originality/Value: The paper unravels the level of students’ awareness on social responsibility in three different countries and offers several practical recommendations for both higher education institutions and corporations are presented accordingly.

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Trade-off between financial inclusion and Islamic bank stability in five GCC countries: the moderating effect of CSR

Khémiri,

Chafai,

Attia

et al. 2024

Cogent Business & Management

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Corporate Social Responsibility in the United Arab Emirates: Principles and Communication Strategy

Cited by 3 publications

References 11 publications

Corporate social responsibility in Islamic banks: to which extent does Abu Dhabi Islamic bank comply with the global reporting initiative standards?

Corporate social responsibility in Islamic banks: to which extent does Abu Dhabi Islamic bank comply with the global reporting initiative standards?

Understanding Social Responsibility Awareness Among University Students

Trade-off between financial inclusion and Islamic bank stability in five GCC countries: the moderating effect of CSR

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