Alfitri

Alfitri is a senior lecturer of Faculty of Shariah and Law, IAIN Samarinda. He is a socio-legal scholar with formal training in Islamic law. He obtained LL.B. (Shariah) and M.A. Islamic Law from UIN Sunan Kalijaga, LL.M. from the University of Melbourne, and Ph.D. Law from the University of Washington, where he was a Fulbright scholar. He currently specializes in Islamic economic law (dispute resolutions of Islamic banking financial contracts), and law & religion focusing on the bureaucratization of Shariah in Indonesia. His published works have appeared in International Journal of Not-for-Profit Law, Journal of Law & Religion, and Asian Journal of Comparative Law

Designation: State Islamic Institute of Samarinda
Institution: State Islamic Institute of Samarinda
Paper: My Alms Isn’t My CSR: The Implications of Islamic Ethics as the Driver of CSR Practices within Indonesia’s Islamic Commercial Banks
Abstract: "Zakat (almsgiving) is originally obliged to individual Muslims. When the novel interpretation of Shariah expands the obligation to a legal person such as corporations, which also committed to implementing CSR, how do they go in practice? There was only anecdotal evidence of overlapping utilization between corporate zakat and CSR in the Islamic Financial Institutions (IFI). Theoretically, this is problematic because of the perceived different values underlying between zakat and CSR, i.e. Islamic vs. secular ethics. When IFI pay their corporate zakat, do they deem the zakat paid to be a source of their CSR funds or they budget for it separately? How this distinction affects the implementation of the IFI’s social programs? Study on Indonesia’s Islamic commercial banks’ CSR practices reveals that the banks’ stand on corporate zakat as a source of CSR resembles a continuum of affirmative, ambivalent, and negative position. As a concept, some hesitate to affirm that corporate zakat is their CSR because of perceived different values underlying zakat and CSR. In practice, corporate zakat has become an integral part of the banks’ CSR. Despite this, the banks do not mix the use of corporate zakat with CSR due to the belief that the beneficiaries of zakat have been limitedly dictated by Shariah. This measure is taken based on an intention to achieve public welfare within the boundary of Shariah. The finding fills the gaps on the influence of religion, esp. Islam, to business behaviors."