In the midst of ongoing economic turbulence and limited cash flow, Islamic banks significantly reduced their spending on corporate social responsibility (CSR) activities during the first quarter of 2024. According to data from Bangladesh Bank (BB), CSR expenditure by these banks amounted to Tk 0.85 billion from January to March, marking a substantial decline of 34.11 percent compared to the Tk 1.29 billion spent in the previous quarter (October-December 2023).