Islamic sustainable finance towards SDGs

Saleh, Abdulmajid Obaid Hasan and Muayyad, Deden Misbahudin (2024) Islamic sustainable finance towards SDGs. In: Islamic Sustainable Finance: Policy, Risk and Regulation. Islamic Business and Finance Series (1). Routledge, Taylor & Francis Group, London, United Kingdom, pp. 15-23. ISBN 978-1-032-49784-6

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Abstract

Islamic finance which promotes ownership, realism, and financing through goods and services have a big contribution to sustainable development through contracts that are practised in Islamic financial institutions such as the Islamic banking. Some of these contracts are Al-Musharakah (participation-based), Al-Mudharabah (profit-sharing), Istisna’a (manufacturing), and muzarah and musaqah (sharecropping and farming). This study discusses the role played by the Islamic financing contracts towards Sustainable Development Goals (SDGs) in meeting the SDG’s objectives, i.e., inclusiveness, prosperity, and equality. In its discussion, the study addresses the development challenges facing societies by incorporating three dimensions of sustainable development, namely, social dimensions, environmental dimensions, and economic dimensions.

Item Type:	Book Chapter
Uncontrolled Keywords:	Sustainable, SDGs
Subjects:	BPH Islamic Economics BPH Islamic Economics > BPH830.3 Social systems. Urban groups. Cities and towns. Sustainable urban development
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr Abdulmajid Obaid Hasan Saleh
Date Deposited:	14 May 2024 09:41
Last Modified:	23 May 2024 11:20
URI:	http://irep.iium.edu.my/id/eprint/112194

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