A comparative assessment of the impact of corporate social responsibility on Islamic Bank Bangladesh Limited

Abstract

This research paper focusses on corporate social responsibility. I chose this topic because it is one of the most important topics in modern business, one that is rapidly evolving and widely discussed. In recent years, the banking sector has taken the lead in terms of corporate social responsibility in the country and CSR practices by banks have become an intrinsic component of their operations. CSR ensures a balance between economic and social aim in the optimal use of limited resources. In this context, the banking industry may make a significant contribution as part of their intermediation role Bank CSR activities not only raise their own standards, but also encourage other firms to be more socially responsible. The banking business may benefit from CSR positive effects on society as a whole, Notable on its customers. As a result, the importance of banks in pursuing acceptable CSR practices in society., particularly in a growing country like ours, must be highlighted. The majority of executives believe that corporate social responsibility may boost earning. They recognize that CSR can increase market respect for their organization, resulting in increased sales, increased employee loyalty and the recruitment of superior employees. CSR efforts that focus on sustainability issues may also save costs and increase efficiencies. I will use material from business news, publications official papers, data and survey to paint a clear picture of the scenario.