This study examines how Islamic banks conceptualize and implement diversity management within their broader frameworks of corporate responsibility and ethical governance. Drawing on a mixed bibliometric and content analysis of most capitalized Islamic banks, findings reveal a governance and risk-based sustainability model that aligns with, yet reinterprets, Western corporate social responsibility theory. The dual-board system, integrating a Sharia Supervisory Board, embeds ethical accountability into managerial and financial decision-making, transforming moral principles into enforceable governance mechanisms. While Islamic banks excel in transparency, climate risk integration, and social redistribution through zakat and charitable funds, they remain weak in identity-based diversity indicators such as gender representation, pay equity, and inclusion metrics. The research concludes that Islamic finance can advance from compliance-based ethics to a transformative inclusion paradigm by integrating measurable diversity targets within Sharia-compatible governance structures, enhancing innovation, legitimacy, and long-term sustainable value creation.

Corporate Social Responsibility and Diversity Management in Islamic Banking: A Bibliometric and Content Analysis With a Western Comparative Perspective

Brescia, Valerio
;
Cane, Massimo;Campra, Maura
2025-01-01

Abstract

This study examines how Islamic banks conceptualize and implement diversity management within their broader frameworks of corporate responsibility and ethical governance. Drawing on a mixed bibliometric and content analysis of most capitalized Islamic banks, findings reveal a governance and risk-based sustainability model that aligns with, yet reinterprets, Western corporate social responsibility theory. The dual-board system, integrating a Sharia Supervisory Board, embeds ethical accountability into managerial and financial decision-making, transforming moral principles into enforceable governance mechanisms. While Islamic banks excel in transparency, climate risk integration, and social redistribution through zakat and charitable funds, they remain weak in identity-based diversity indicators such as gender representation, pay equity, and inclusion metrics. The research concludes that Islamic finance can advance from compliance-based ethics to a transformative inclusion paradigm by integrating measurable diversity targets within Sharia-compatible governance structures, enhancing innovation, legitimacy, and long-term sustainable value creation.
2025
8
4
1
19
https://onlinelibrary.wiley.com/doi/10.1002/bsd2.70261
corporate social responsibility; diversity management; governance; Islamic banking; non-financial reporting; sharia ethics
Brescia, Valerio; Cane, Massimo; Campra, Maura
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2318/2121864
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