Systematic Review of Studies on Islamic Social Reporting From 2010 to 2025
DOI:
https://doi.org/10.51137/wrp.ijarbm.617Keywords:
Board Attributes, Disclosure Level, ESG Reporting, Islamic Bank, Social ReportingAbstract
Despite the considerable level awareness of disclosure requirements, social responsibility disclosure of Islamic banks has not been encouraging. Systematic literature reviews that attempted to provide more insights were severely lacking due to the limitations of publications on social reporting in Islamic banks. This study extended the review to studies, published in Scopus indexed journals between 2010 and 2025. The review sought to determine the level and determinants of social responsibility disclosure. The study further identified the theories and methodologies employed in past studies. Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) framework was employed to select 33 articles that met the inclusion criteria. The study found that legitimacy and stakeholder theories were mostly used in Islamic social reporting studies. It was also discovered that ordinary least square (OLS) regression was mostly adopted in the reviewed publications. The study discovered an increasing trend and that Islamic social reporting was used in some studies, as explanatory variable with conflicting results. Reports of past findings were also inconclusive regarding the influence of ownership structure, and corporate governance on social reporting. The study concluded that the inconsistencies in theory, methodologies, and findings require further investigation, for more robust results in future research.
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