There are (23) local and foreign commercial banks operating in Jordan; (13) banks are Jordanian. The remaining (10) banks are non-Jordanian banks. Literally, Companies in Jordan have become interested in preparing their annual reports, which contain more environmental and social activities to affect their financial performance. Stakeholder groups claim that their companies should provide all the information relating to their firm’s performance in spite of competing interests. Stockholders, think information about CSR activities in annual reports plays an important role in increasing the financial performance of a company. More specifically, Jordanian companies believe that CSRD is more likely to have a positive effect on the company’s performance. By reporting CSR activities, these companies can increase their financial performance but by not doing so leads to negative ramifications. A number of companies in Jordan have started to focus on some costs for society and environment activities and to disclose them in the recent years due to stakeholders’ pressure. However, the Jordan government has issued regulations that identify the role of organizations (public and private companies) like the current environment law in reducing social and environmental ills and such organizations have not devoted much attention to decreasing their negative effects on society and the environment. In addition, there is insufficient pressure to eliminate the negative social and environmental effects caused by Jordan corporations’ practices. However, most companies in Jordan do not understand the importance of Corporate Social Responsibility Disclosure (CSRD) in their annual reports and are unaware of the impacts of CSRD on their performance. This lack of knowledge is compounded by the fact that there is no impetus to disclose CSR activities in their annual reports, because the disclosure of such activities is voluntary. This concern, related to the relationship between CSR with Financial performance (FP). The study contributes to the literature regarding developing countries as well as the relationship between CSRA and FP in developing country like Jordan, a focus that has received little attention. For example, there are few studies (to the best of our knowledge) regarding the Arab region that focuses on the relationship between Corporate Social Responsibility and financial performance, Rettab et al. [1]. The contribution of this study is not restricted to the Jordan context, however. It also extends to the wider field of CSRD research. Second, by investigating the association between CSRD and FP, it extends prior research that links CSRD with financial performance; thus, this study adds a significant contribution to the growing body of literature in the area of developing countries in this area. Finally, this study is expected to help researchers, regulators, and stakeholders in Jordan comprehend the effect of CSRD on the stock market and its impact on companies’ performance. It is very important to notice that in the general procedure of the Holy Quran the actions which are not qualified are Oppression or unjust - the Quranic term Dholm (unjust),which, in its general and intensive form, means putting things in places other than their (own) places.