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Zakat and Islamic Corporate Social Responsibility: Does It Take Effect to the Performance of Shari’a Banking?

Shirkah Journal of Economics and Business

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Title Zakat and Islamic Corporate Social Responsibility: Does It Take Effect to the Performance of Shari’a Banking?
 
Creator Sidik, Ichwan
Reskino, Reskino
 
Subject —
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Description The less than optimal regulation of zakat companies in sharia banking in Indonesia has been salient to the background of this research. This study aims to examine the influence of zakat and Islamic corporate social responsibility (ICSR) to the reputation and performance of companies. Sample data was selectively gathered from 10 sharia banks in Indonesia from 2011 to 2014. Normality test and logistic regression are used to test the effect of zakat on company reputation, the influence of ICSR on company reputation, the influence of zakat on company performance, and the influence of ICSR on corporate performance. The results show that zakat has a positive influence on and is significant to a company's reputation, that ICSR has a positive influence on and is significant to a company's reputation, that zakat has a positive influence and significant impact on the performance of a company, and that ICSR has a positive relation, but no significant effect on company performance. These findings indicate the importance of paying zakat and ICSR as a business strategy for the sharia banking market in Indonesia today. Keywords: zakat, Islamic corporate social responsibility, company performance
 
Publisher Faculty of Islamic Economics and Business, Institut Agama Islam Negeri (IAIN) Surakarta
 
Contributor —
 
Date 2016-08-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://shirkah.or.id/new-ojs/index.php/home/article/view/23
10.22515/shirkah.v1i2.23
 
Source Shirkah: Journal of Economics and Business; Vol 1, No 2 (2016); 161-184
2503-4243
2503-4235
 
Language eng
 
Relation http://shirkah.or.id/new-ojs/index.php/home/article/view/23/9
 
Rights Copyright (c) 2016 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0