1st Edition

Islamic Finance and Sustainable Development A Global Framework for Achieving Sustainable Impact Finance

246 Pages 5 B/W Illustrations
by Routledge

246 Pages 5 B/W Illustrations
by Routledge

246 Pages 5 B/W Illustrations
by Routledge

The interest in improving Environmental, Social and Governance (ESG) outcomes among stakeholders of Islamic banking and finance has become front and centre in the discussions relating to Islamic sustainable finance. This book offers an expansive overview of the relevant issues, global initiatives and trends in the management, governance, and operation of Islamic sustainable impact finance. It... Read more

Introduction Part I Islamic Sustainable Finance: Global Initiatives and Trends 1. Islamic Sustainable Finance: Gulf Experiences 2. Islamic Sustainable Finance: Experiences of African Countries 3. Islamic Sustainable Finance: Its Experiences from SAARC 4. Islamic Micro-financing for SMEs Towards Its Sustainability: An Experience From Libya 5. Sustainability Through Zakat: An Experience of the Islamic Banking Industry of Malaysia Part II Islamic Sustainable Finance: Classical Instruments in Modern Practices 6. Instruments of Islamic Sustainable Finance 7. Emergence of Zakat in Sustainability: A Bibliometric Analysis 8. Role of Zakāt in Building up a Sustainable Investment 9. Zakat Governance Towards Sustainable Finance 10. Effective Zakat Management Towards Sustainability 11. Islamic Sustainable Finance: How Does Waqf Matter? 12. Al-Rahnu-Led Islamic Sustainable Finance 13. Bay’ al-Salam-Based Islamic Sustainable Finance 14. Al-Musharakah-Led Islamic Sustainable Finance 15. Hibah al-Ruqba and Its Contribution to Sustainable Economy 16. Islamic Sustainable Finance: How Does SRI Sukuk Matter? Part III Islamic Sustainable Finance: Challenges in Modern Practices 17. Issues and Challenges of Sustainable Finance: An Experience From the Islamic Banking Industry 18. Issues and Challenges of Sustainable Finance in the Islamic Capital Market

Biography

Mohd Ma’Sum Billah is Senior Professor of Finance at the Islamic Economics Institute, King Abdul Aziz University, Kingdom of Saudi Arabia.

Rusni Hassan is Professor of Finance and the Dean at the IIUM International Institute of Islamic Banking and Finance, International Islamic University, Malaysia.

Razali Haron is Associate Professor of Finance at the IIUM International Institute of Islamic Banking and Finance, International Islamic University, Malaysia.

Nor Razinah Mohd Zain is Assistant Professor of Law at the IIUM International Institute of Islamic Banking and Finance, International Islamic University, Malaysia.