Implications of the Implementation of Corporate Social Responsibility by Wakafpreneurs on the Community and Frontline Workers Following the Spread of COVID-19 Outbreak in Indonesia
The practice of Corporate Social Responsibilities (CSR) is very synonymous with a business culture that practices tolerance and humanity towards the local environment. The concept of CSR has long been recognized but society at that time was still inclined in the pursuit of profit alone. To date, CSR culture is beginning to have an impact on corporate entities as it provides positive returns to businesses. This is especially so when the world is being tested by the COVID-19 pandemic which forces Malaysia and the world to implement lockdowns. In Malaysia, the lockdown is called the Movement Control Order (MCO). In Indonesia, lockdown is called the Large-Scale Social Restrictions (LSSR) which affects the economy and society in the country. This study focuses on the issues of the role and contribution of organizations in Indonesia that link the business economy with the concept of wakaf known as Wakafpreneur in providing social services and welfare to the community when hit by the COVID-19 pandemic during the LSSR implementation. In addition, assistance to the frontline workers and the community such as food and personal protective equipment (PPE) and other assistance has also caught the attention of the mass media recently. Also discussed in this study is the concept of CSR from an Islamic perspective to observe the implications for Wakafpreneur as a body that affects the impact of CSR on society and government agencies in Indonesia.