Corporate Social Responsibility (CSR) in Halal Sector in Bangladesh: A Systematic Literature Review
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Abstract
Corporate Social Responsibility (CSR) is an essential part of modern businesses. It enables the long-term sustainability of businesses in this competitive business world. The Halal sector is one of the fast-growing and influential opportunities for entrepreneurs to earn from home and abroad by focusing Halal standards on products and services. Halal consumers worldwide necessitate authentic Halal products and services to protect their religious faith and obligation. Considering this Halal sector has been expanded everywhere to serve Muslims where non-Muslims also accept Halal products and services considering hygiene, authenticity, and safety. However, to compete in the Halal sector businesses require complying with their social responsibility as the Halal consumers are very concerned about their products and services and curious to know what the businesses do in performing CSR activities. Hence, this study aims to research the existing CSR culture in Bangladesh where the Halal sector is remarkably earning much foreign currency by exporting Halal products in various countries. The study represents a systematic literature review, focuses on past research that has been conducted on CSR in the country in a sense that CSR of Halal businesses derives from Sharia, and it is the time to think seriously about CSR per Sharia since Muslim consumers worldwide priorities religious obligations in their every aspect of life. The study, therefore, is fruitful for future researchers to know where research is urgent.
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