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This is a summary presentation of a paper paper presented at the Harvard Islamic Finance Forum March 2010. The paper discusses how Islamic Finance has an opportunity to contextualize integration of social responsibility with its own unique approach--enabling significant positive social impact. The discussion points are inspired by the results of an extensive survey on Corporate Social Responsibility at Islamic Financial Institutions (IFIs) carried out by Dinar Standard and Dar Al Istithmar with the support of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI). The paper focuses on Islamic perspective on corporate social responsibility and a framework for the Islamic Finance industry, but also includes assessment of progress made by conventional CSR (Corporate Social Responsibility), Socially Responsible Investing (SRI) and Social Entrepreneurship (SE) initiatives in order to learn from their successes and also to contribute back to global best practices.