ESG Scores and Islamic Banks: An Observation and Call to Action

Ahmed Tarabishi (), Roy Sinno (), Kimberly Gleason () and Osamah AlKhazali ()
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Ahmed Tarabishi: American University of Sharjah
Roy Sinno: American University of Sharjah
Kimberly Gleason: American University of Sharjah
Osamah AlKhazali: American University of Sharjah

A chapter in Research on Islamic Business Concepts, 2023, pp 259-274 from Springer

Abstract: Abstract While substantial research has focused on the corporate social responsibility of conventional banks, less is known regarding the environmental, social, and governance attributes of Islamic banks relative to their conventional counterparts in Islamic majority countries. In this paper, we provide preliminary evidence indicating that Islamic bank performance in environmental and social attributes are weaker than conventional banks, and issue a call to action for a subsequent research agenda to assess why this is the case.

Keywords: Islamic banks; ESG; Governance; Value-based intermediation (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-18663-9_16

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DOI: 10.1007/978-3-031-18663-9_16

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