Busari, Saheed Abdullahi and Olayinka, Kazeem Akeem and Abdul Aziz, Akhtarzaitie and Zakariyah, Habeebullah (2024) Islamic wealth management towards sustainable development: a state-of-the-art analysis. Journal of Emerging Economies and Islamic Research, 12 (2). pp. 1-17. E-ISSN 2289-2559
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Abstract
In recent times, Islamic Wealth Management (IWM) has garnered increasing attention for its potential impacts on sustainable development goals, yet its role in achieving these goals remains under-researched. This study employs an advanced analytical approach to explore the relationship between IWM and SDGs, aiming to illuminate emerging trends and address key issues. Utilizing a comprehensive methodology, the research synthesizes insights from a variety of scholarly articles, journals, and research papers over a specified timeframe. By critically analyzing existing knowledge, the study seeks to understand how IWM contributes to or challenges sustainable development. Key areas of focus include wealth distribution mechanisms, ethical investment practices, and the alignment of Islamic financial principles with SDGs. Additionally, it examines practical aspects, such as the implementation of Islamic financial instruments and the role of Islamic institutions in promoting sustainable socio-economic growth. The study also addresses contemporary challenges faced by IWM, providing a nuanced understanding of its current state and potential future paths. By highlighting both successes and obstacles, this research enriches the discourse on Islamic financial practices and the evolving landscape of global Islamic wealth management. Ultimately, the study identifies a significant interplay between IWM and sustainable development, focusing on wealth distribution, ethical investments, and practical implementation.
| Item Type: | Article (Journal) |
|---|---|
| Additional Information: | 9848/114986 |
| Uncontrolled Keywords: | Islamic wealth, management, sustainable development, state-of-the-art |
| Subjects: | BPH Islamic Economics > BPH72 Economic development. Growth. Sustainable development. Sustainability |
| Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): | Institute of Islamic Banking & Finance (IIiBF) International Institute of Islamic Thought and Civilization (ISTAC) Kulliyyah of Islamic Revealed Knowledge and Human Sciences Kulliyyah of Islamic Revealed Knowledge and Human Sciences > Department of Fiqh and Usul al-Fiqh |
| Depositing User: | Dr. Saheed Abdullahi Busari |
| Date Deposited: | 11 Oct 2024 12:39 |
| Last Modified: | 22 Oct 2024 14:47 |
| URI: | http://irep.iium.edu.my/id/eprint/114986 |
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