Case-Study Digitalised Repository (CDR)
Real world business scenarios for the classroom
Teaching cases at the Management and Leadership Case Study Centre, Universiti Utara Malaysia, allow students to tackle real-world challenges, honing their skills for the workplace. Specializing in emerging markets, the center aims to increase digital access and usage of its case studies globally, benefiting both local and international educators.
Full Version of Case Studies are available for purchase
RM10.00 (Full case with teaching note - for instructor only)
RM5.00 (Full case only - for student)
For further enquiry, please feel free to contact us
- 04 928 7606/7609 (CDR Secretariat)
- cdr@uum.edu.my
Please use this identifier to cite or link to this item:
http://cdr.uum.edu.my/jspui/handle/123456789/192| Title: | Self-Distribution of Business Zakat for CSR Initiatives A Success Story of Bank Rakyat |
| Authors: | Abd. Wahab, Muhammad Syahir Shaari, Hasnah Abu Bakar, Fathiyyah Sawandi, Norfaiezah |
| Keywords: | Business Zakat;Corporate Social Responsibility;Key Success Factors;Wakalah Fund;Self-Distribution Fund;Asnaf |
| Issue Date: | 2024 |
| Publisher: | PKKPK |
| Abstract: | This teaching case is designed for undergraduate students pursuing degrees in accounting, business, management, or sustainability-related fields. It explores the dynamic world of Corporate Social Responsibility (CSR) through the lens of a real-world company, Bank Kerjasama Rakyat Malaysia (Bank Rakyat). As Islamic financial institutions and banks increasingly diversify their CSR activities through strategic distribution, the case delves into Bank Rakyat's CSR initiatives using the Wakalah mechanism. Wakalah is the policy of zakat refund by zakat institutions to the entity that pays zakat to the zakat institutions for distribution to eligible Asnaf or beneficiaries. In this sense, Bank Rakyat, as a zakat payer, is authorized to self-distribute its business zakat refund or Wakalah fund to eligible beneficiaries for CSR initiatives, based on specific conditions after paying a certain amount of zakat to the zakat institutions. This case offers students a platform to explore the concept of CSR from an Islamic perspective and critically analyze the key success factors contributing to Bank Rakyat's remarkable sustainability journey. While managing the CSR fund can have a positive impact on the Muslim community and society, it is essential to effectively address several considerations. Thus, students can also gain insights into the numerous benefits and challenges the Bank faces in managing the Wakalah fund to support such initiatives. |
| URI: | http://cdr.uum.edu.my/jspui/handle/123456789/192 |
| Payment Link: | http://epay.uum.edu.my/go.php?billcode=CDRCASE&productid=TC245-1 |
| Appears in Collections: | Cases in CDR |
Files in This Item:
There are no files associated with this item.
Items in CDR Repository are protected by copyright, with all rights reserved, unless otherwise indicated.