Achieving the Sustainable Development Goals (SDGs): between the role of Islamic social finance and financial inclusion

Mahadi, Nur Farhah and Mohd. Zain, Nor Razinah and Muhammad Ahmad, Shamsuddeen (2020) Achieving the Sustainable Development Goals (SDGs): between the role of Islamic social finance and financial inclusion. In: 12th International Conference on Islamic Economics and Finance "Sustainable Development for Economy", 14th-16th June 2020, Istanbul, Turkey.. (Unpublished)

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Abstract

The purpose of this study is to analyse the role of Islamic social finance and financial inclusion in achieving eight of the seventeen goals of sustainable development goals (SDGs) which is SDG1, SDG2, SDG3, SDG5, SDG8, SDG9, SDG10, and SDG17 in the 2030 agenda for SDGs, as propagated by United Nations Member States in 2015. Then, a critical analysis is made to explain the possible contribution of Islamic social finance and financial inclusion in realizing the SDGs which brings balanced to the physical, emotional, mental and spiritual of the community in supporting overall economic growth. Further research and empirical studies can be conducted to examine the relationship between Islamic social finance, financial inclusion, and SDGs which is aligned with Maqᾱṣid al-Sharῑ῾ah. The results may also motivate the financial industries to promote Islamic social finance products and corporate social responsibilities as well as enhance the development of Islamic social finance and financial inclusion in attaining SDGs which soon will provide significant social impacts as the results will enable new initiatives by industries and policy makers to develop Islamic social finance and financial inclusion to achieve SDGs which is seen as being parallel with Maqᾱṣid al-Sharῑ῾ah.

Item Type:	Conference or Workshop Item (Plenary Papers)
Additional Information:	8630/80836
Uncontrolled Keywords:	Sustainable development goals, Islamic social finance, financial inclusion, Maqᾱṣid al-Sharῑ῾ah.
Subjects:	H Social Sciences > H Social Sciences (General) > H10 Societies H Social Sciences > H Social Sciences (General) > H71 General works H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance K Law > KBP Islamic Law
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Asst. Prof Nor Razinah Mohd. Zain
Date Deposited:	25 Jun 2020 10:46
Last Modified:	25 Jun 2020 10:46
URI:	http://irep.iium.edu.my/id/eprint/80836

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