JUSTIFICATION FOR THIS RESEARCH
Although Shari’ah is not part of the domestic or positive law of Bangladesh governing employment relationships,[433] a vast majority of its people respect and voluntarily adhere to the rights and obligations enunciated in Islam concerning various aspects of Muslims, for example, marriage, divorce, inheritance, will of property, etc.
Hence, an adequate understanding of rights and obligations under Shari’ah would be likely to stimulate both sides of the employment relation to be respectful towards each other’s entitlements and duties. In addition, the justification for this pursuit lies in the fact that the business markets made up of Muslims around the world is significant, which warrants an understanding of corporate social responsibility (CSR) in the Islamic Legal System by both corporations and their stakeholders including employees. Notably, several recent studies demonstrate that some Muslim countries (countries having the majority of their population Muslim) are presently amongst the most wealthy market contributors in global trade and commerce, such as, Saudi Arabia, Turkey and United Arab Emirates.[434] Moreover, the large Muslim populace invite and expect multinational corporations to come into their markets as producers, manufacturers and investors.[435] In response to this reality, several international law firms are now considering an expansion of their professional services to many Muslim countries, for example, Ashurst, a leading law firm, has extended its service network to many countries including United Arab Emirates, Indonesia and Saudi Arabia.[436] More vividly, the intergovernmental Organisation of Islamic Cooperation (OIC) itself has 56 member countries, which have the majority of their population Muslim. Therefore, CSR in Islam has become a vital area of investigation by both academics and professionals. This chapter contributes to such an academic expedition.III.
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