SlideShare a Scribd company logo
1 of 13
Integration of Social Responsibility in Financial Communities Ninth Harvard University Forum on Islamic Finance  March 27-28, 2010 ,  Harvard Law School, Austin Hall  Sayd Farook (Dar Istithmaar &  Oxford Centre for Islamic Studies)  Rafi-uddin Shikoh (Dinar Standard)
Framing the discussion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Responsibility? Least socially responsible amongst nine major global industries.* FINANCIAL INSTITUTIONS… Role & Impact Performance * 2009 BSR (Business for Social Responsibility)/ GlobeScan State of Sustainable Business Poll Gap
Foundational Precepts: Contemporary Business “ There is only one valid definition of business purpose:  to create a customer… It is the customer who determines what a business is...The customer is the foundation of a business and keeps it in existence. He alone gives employment.“ “ there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.” “ The great object of the political economy of every country is to increase the riches and power of that country.” Serving customers Maximizing shareholder value Enlightened self-interest
Foundational Precepts: Contemporary Business Foundational drivers & social responsibility? Serving customers Maximizing shareholder value Enlightened self-interest
Foundational Precepts of Islam ,[object Object],[object Object],‘ Taqwa-centricity’  Accountability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Foundational Precepts of Islam ,[object Object],Educate an Individual in ‘Taqwa ,[object Object],[object Object],[object Object],[object Object]
Foundational Precepts of Islam Educate an Individual in ‘Taqwa ,[object Object],(God consciousness) Human beings as vicegerents on Earth Primary Responsibilities:  Objective of Islamic Laws ‘ Taqwa-centricity’  Accountability ,[object Object],[object Object]
Social Responsibility Mandate for IFIs ,[object Object],[object Object],[object Object],[object Object],Individual Responsibility IFI Responsibility ,[object Object],[object Object],[object Object],[object Object],[object Object],.. ‘ Taqwa-centricity’  Accountability Educate Establish Justice
Conflicting Ideologues within Islamic Finance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A framework for IFI Social Responsibility  ,[object Object],Disclosure & Governance as a Means of Accountability Mandatory ,[object Object],[object Object],[object Object],[object Object],[object Object],Operations (employees, vendors, etc) Financial mobilization  Religious  (Form & Substance in all operations) Recommended ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Social Responsibilities
Current Global Practices ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Current IFI Practices ,[object Object],[object Object]
Concluding Thoughts  ,[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

Apa style essay corporate social responsibility
Apa style essay   corporate social responsibilityApa style essay   corporate social responsibility
Apa style essay corporate social responsibilityCustomEssayOrder
 
Ways of Utilizing Financial Resources - The “Spectrum”
Ways of Utilizing Financial Resources - The “Spectrum”Ways of Utilizing Financial Resources - The “Spectrum”
Ways of Utilizing Financial Resources - The “Spectrum”TakeAction
 
soical corporate responsibility
soical corporate responsibilitysoical corporate responsibility
soical corporate responsibilityNiilm-Cms
 
Brussels etui - may 2014 - pavan
Brussels   etui - may 2014 - pavanBrussels   etui - may 2014 - pavan
Brussels etui - may 2014 - pavancbobxl
 
WEF Report - Young Global Leaders Circular Economy Innovation & New Busine...
WEF Report - Young Global Leaders  Circular Economy  Innovation & New  Busine...WEF Report - Young Global Leaders  Circular Economy  Innovation & New  Busine...
WEF Report - Young Global Leaders Circular Economy Innovation & New Busine...Vikrant Mudaliar
 
WEF-Young Global Leaders: Guide to Influencing Complex Systems
WEF-Young Global Leaders: Guide to Influencing Complex SystemsWEF-Young Global Leaders: Guide to Influencing Complex Systems
WEF-Young Global Leaders: Guide to Influencing Complex SystemsSustainable Brands
 
Creating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate BehaviourCreating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate BehaviourcommunityUOW
 
Lessons I did learn from “New Institutional Economics”
Lessons I did learn from “New Institutional Economics”Lessons I did learn from “New Institutional Economics”
Lessons I did learn from “New Institutional Economics”European University Institute
 
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...David Teece
 
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...David Teece
 
Responsible Investing (part II) : what does really make a difference ?
Responsible Investing (part II) : what does really make a difference ?Responsible Investing (part II) : what does really make a difference ?
Responsible Investing (part II) : what does really make a difference ?Xavier Heude
 
Corporate Governance: Global Issues for the Future
Corporate Governance: Global Issues for the FutureCorporate Governance: Global Issues for the Future
Corporate Governance: Global Issues for the Futurekakabadse
 
Social Eterprise- A New Dimension of Entrepreneurship
Social Eterprise- A New Dimension of EntrepreneurshipSocial Eterprise- A New Dimension of Entrepreneurship
Social Eterprise- A New Dimension of EntrepreneurshipMuhammad Asif Khan
 
Rebel cities harvey presentation
Rebel cities harvey presentationRebel cities harvey presentation
Rebel cities harvey presentationekatrini
 
Resilience Week 2016 Hosted by The Rockefeller Foundation
Resilience Week 2016 Hosted by The Rockefeller FoundationResilience Week 2016 Hosted by The Rockefeller Foundation
Resilience Week 2016 Hosted by The Rockefeller FoundationThe Rockefeller Foundation
 

What's hot (20)

Apa style essay corporate social responsibility
Apa style essay   corporate social responsibilityApa style essay   corporate social responsibility
Apa style essay corporate social responsibility
 
Ways of Utilizing Financial Resources - The “Spectrum”
Ways of Utilizing Financial Resources - The “Spectrum”Ways of Utilizing Financial Resources - The “Spectrum”
Ways of Utilizing Financial Resources - The “Spectrum”
 
Basics of Social Enterprise
Basics of Social Enterprise Basics of Social Enterprise
Basics of Social Enterprise
 
soical corporate responsibility
soical corporate responsibilitysoical corporate responsibility
soical corporate responsibility
 
Brussels etui - may 2014 - pavan
Brussels   etui - may 2014 - pavanBrussels   etui - may 2014 - pavan
Brussels etui - may 2014 - pavan
 
WEF Report - Young Global Leaders Circular Economy Innovation & New Busine...
WEF Report - Young Global Leaders  Circular Economy  Innovation & New  Busine...WEF Report - Young Global Leaders  Circular Economy  Innovation & New  Busine...
WEF Report - Young Global Leaders Circular Economy Innovation & New Busine...
 
Classifying informal institutions (governance structures) in Ethiopia
Classifying informal institutions (governance structures) in EthiopiaClassifying informal institutions (governance structures) in Ethiopia
Classifying informal institutions (governance structures) in Ethiopia
 
WEF-Young Global Leaders: Guide to Influencing Complex Systems
WEF-Young Global Leaders: Guide to Influencing Complex SystemsWEF-Young Global Leaders: Guide to Influencing Complex Systems
WEF-Young Global Leaders: Guide to Influencing Complex Systems
 
1
11
1
 
Creating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate BehaviourCreating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate Behaviour
 
Lessons I did learn from “New Institutional Economics”
Lessons I did learn from “New Institutional Economics”Lessons I did learn from “New Institutional Economics”
Lessons I did learn from “New Institutional Economics”
 
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
 
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
Dynamic Capabilities: Contemporary Triggers, Classical Antecedents, and Impli...
 
Eric.Scott_Writing Sample
Eric.Scott_Writing SampleEric.Scott_Writing Sample
Eric.Scott_Writing Sample
 
Global business
Global businessGlobal business
Global business
 
Responsible Investing (part II) : what does really make a difference ?
Responsible Investing (part II) : what does really make a difference ?Responsible Investing (part II) : what does really make a difference ?
Responsible Investing (part II) : what does really make a difference ?
 
Corporate Governance: Global Issues for the Future
Corporate Governance: Global Issues for the FutureCorporate Governance: Global Issues for the Future
Corporate Governance: Global Issues for the Future
 
Social Eterprise- A New Dimension of Entrepreneurship
Social Eterprise- A New Dimension of EntrepreneurshipSocial Eterprise- A New Dimension of Entrepreneurship
Social Eterprise- A New Dimension of Entrepreneurship
 
Rebel cities harvey presentation
Rebel cities harvey presentationRebel cities harvey presentation
Rebel cities harvey presentation
 
Resilience Week 2016 Hosted by The Rockefeller Foundation
Resilience Week 2016 Hosted by The Rockefeller FoundationResilience Week 2016 Hosted by The Rockefeller Foundation
Resilience Week 2016 Hosted by The Rockefeller Foundation
 

Similar to Integration Of Social Responsibility In Financial Communities

Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...
Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...
Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...Islamic_Finance
 
Harvard: Integration of Social Responsibility in Financial Communities: Harva...
Harvard: Integration of Social Responsibility in Financial Communities: Harva...Harvard: Integration of Social Responsibility in Financial Communities: Harva...
Harvard: Integration of Social Responsibility in Financial Communities: Harva...DinarStandard
 
Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Ali jili'ow
 
IFN New Rating Methodology Special Report - 11th June 2014
IFN New Rating Methodology Special Report -  11th June 2014IFN New Rating Methodology Special Report -  11th June 2014
IFN New Rating Methodology Special Report - 11th June 2014Mujtaba Khalid
 
Industrial Psychology & Collective Bargaining
Industrial Psychology & Collective BargainingIndustrial Psychology & Collective Bargaining
Industrial Psychology & Collective BargainingHumayoun Aziz
 
0 markets and-morality
0 markets and-morality0 markets and-morality
0 markets and-moralityAliza Racelis
 
Profit Maximization from Islamic Perspective
Profit Maximization from Islamic PerspectiveProfit Maximization from Islamic Perspective
Profit Maximization from Islamic PerspectiveSiti Maisarah Sewandi
 
Corporate social responsibility of islamic banks
Corporate social responsibility of islamic banksCorporate social responsibility of islamic banks
Corporate social responsibility of islamic banksAlexander Decker
 
Milken Institute Presentation3
Milken Institute Presentation3Milken Institute Presentation3
Milken Institute Presentation3Jennifer Manfre
 
The Destruction From The 2004 Indian Ocean Tsunami And...
The Destruction From The 2004 Indian Ocean Tsunami And...The Destruction From The 2004 Indian Ocean Tsunami And...
The Destruction From The 2004 Indian Ocean Tsunami And...Casey Hudson
 
Mc kinsey social_impact_bonds_report (1)
Mc kinsey social_impact_bonds_report (1)Mc kinsey social_impact_bonds_report (1)
Mc kinsey social_impact_bonds_report (1)IFLab
 
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)Afifah Nabilah
 
Shaik Abdullah Hassan Mydin
Shaik Abdullah Hassan Mydin Shaik Abdullah Hassan Mydin
Shaik Abdullah Hassan Mydin idmac2015
 
Stakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customerStakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customerekanovich
 
Stakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customerStakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customerekanovich
 
Week Two Instructor Guidance Welcome to Week Two This week our r.docx
Week Two Instructor Guidance Welcome to Week Two This week our r.docxWeek Two Instructor Guidance Welcome to Week Two This week our r.docx
Week Two Instructor Guidance Welcome to Week Two This week our r.docxjane3dyson92312
 

Similar to Integration Of Social Responsibility In Financial Communities (20)

Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...
Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...
Islamic Finance and Maqasid Al-Shari’ah: Environmental, Social and Governance...
 
Harvard: Integration of Social Responsibility in Financial Communities: Harva...
Harvard: Integration of Social Responsibility in Financial Communities: Harva...Harvard: Integration of Social Responsibility in Financial Communities: Harva...
Harvard: Integration of Social Responsibility in Financial Communities: Harva...
 
Maslahah and circular causation
Maslahah and circular causationMaslahah and circular causation
Maslahah and circular causation
 
Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...
 
IFN New Rating Methodology Special Report - 11th June 2014
IFN New Rating Methodology Special Report -  11th June 2014IFN New Rating Methodology Special Report -  11th June 2014
IFN New Rating Methodology Special Report - 11th June 2014
 
Industrial Psychology & Collective Bargaining
Industrial Psychology & Collective BargainingIndustrial Psychology & Collective Bargaining
Industrial Psychology & Collective Bargaining
 
0 markets and-morality
0 markets and-morality0 markets and-morality
0 markets and-morality
 
Ethics
EthicsEthics
Ethics
 
Profit Maximization from Islamic Perspective
Profit Maximization from Islamic PerspectiveProfit Maximization from Islamic Perspective
Profit Maximization from Islamic Perspective
 
Social Responsibility And Its Impact On Society
Social Responsibility And Its Impact On SocietySocial Responsibility And Its Impact On Society
Social Responsibility And Its Impact On Society
 
Corporate social responsibility of islamic banks
Corporate social responsibility of islamic banksCorporate social responsibility of islamic banks
Corporate social responsibility of islamic banks
 
Milken Institute Presentation3
Milken Institute Presentation3Milken Institute Presentation3
Milken Institute Presentation3
 
The Destruction From The 2004 Indian Ocean Tsunami And...
The Destruction From The 2004 Indian Ocean Tsunami And...The Destruction From The 2004 Indian Ocean Tsunami And...
The Destruction From The 2004 Indian Ocean Tsunami And...
 
Mc kinsey social_impact_bonds_report (1)
Mc kinsey social_impact_bonds_report (1)Mc kinsey social_impact_bonds_report (1)
Mc kinsey social_impact_bonds_report (1)
 
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)
 
Shaik Abdullah Hassan Mydin
Shaik Abdullah Hassan Mydin Shaik Abdullah Hassan Mydin
Shaik Abdullah Hassan Mydin
 
CSR
CSRCSR
CSR
 
Stakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customerStakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customer
 
Stakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customerStakeholder theory, ethics and the return on customer
Stakeholder theory, ethics and the return on customer
 
Week Two Instructor Guidance Welcome to Week Two This week our r.docx
Week Two Instructor Guidance Welcome to Week Two This week our r.docxWeek Two Instructor Guidance Welcome to Week Two This week our r.docx
Week Two Instructor Guidance Welcome to Week Two This week our r.docx
 

Recently uploaded

It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...amitlee9823
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noidadlhescort
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Sheetaleventcompany
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...lizamodels9
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableSeo
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceDamini Dixit
 

Recently uploaded (20)

It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 

Integration Of Social Responsibility In Financial Communities

  • 1. Integration of Social Responsibility in Financial Communities Ninth Harvard University Forum on Islamic Finance March 27-28, 2010 , Harvard Law School, Austin Hall Sayd Farook (Dar Istithmaar & Oxford Centre for Islamic Studies) Rafi-uddin Shikoh (Dinar Standard)
  • 2.
  • 3. Foundational Precepts: Contemporary Business “ There is only one valid definition of business purpose: to create a customer… It is the customer who determines what a business is...The customer is the foundation of a business and keeps it in existence. He alone gives employment.“ “ there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.” “ The great object of the political economy of every country is to increase the riches and power of that country.” Serving customers Maximizing shareholder value Enlightened self-interest
  • 4. Foundational Precepts: Contemporary Business Foundational drivers & social responsibility? Serving customers Maximizing shareholder value Enlightened self-interest
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.

Editor's Notes

  1. 2 min Engine for socio-economic growth: job creation, small business growth, investments in healthcare, food services, housing, education, etc. Role in addressing unprecedented level of global challenges: climate change, food shortage, water shortage, and global energy needs Wall-Street led global financial crisis: millions of job losses, foreclosures, and bankruptcies driving families and individuals into deep social crises. Our Discussion: Given chronic global social challenges and the impact financial communities can have, addressing effective social responsibility integration becomes critical. We focus on Islamic Financial Institutions--but also look at other global CSR practices.
  2. 2 min; (Acctg eg.)
  3. 2 min; (Acctg eg.)
  4. 3 min
  5. 3 min
  6. 3 min
  7. 2 min
  8. 1 min
  9. 2 min
  10. 1 min
  11. .3 min
  12. 1 min