The relationship of social responsibility with investment institutions in the context of Islamic Sharia
Journal: Journal of Social Sciences (COES&RJ-JSS) (Vol.8, No. 4)Publication Date: 2019-10-01
Authors : Omar Mohammed bany yons;
Page : 656-668
Keywords : Social responsibility; investment institution; Islamic sharia;
Abstract
The world economic environment has faced fundamental changes in recent years. Which considers a part of the globalization policies included several sectors. As a result, financial services and investment sector consider one of the most important sectors that have taken advantages of these enormous changes. Therefore, it is required to clarify the Investment institutions' responsibilities toward their communities for being the main factor for its existence. On the other hand, explain ways of solidarity from the legitimate point of view out of the Covenant which is between them Islam. This research will discuss the general concept of social responsibility for investment institutions. In addition to their relationship with sustainable development. Furthermore, their relationship with legitimacy purposes and explain the motives that make institutions adopt this work. Finally, explain its impact and consequences on society and the institution, within a common and integrated Islamic strategy to have sustainable development. That could be achieved by adopting social responsibility programs to Cope with the challenges that face the Islamic. countries such as. poverty, unemployment, and other challenges.
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