Islamic Finance and the Pursuit of Sustainable Prosperity
Produktdetaljer
Biografisk notat
Edited by Syed Nazim Ali, Director, Research Division, College of Islamic Studies, Hamad Bin Khalifa University, Doha, Qatar, Umar A. Oseni, Secretary General, Organisation of Islamic Cooperation Arbitration Centre, Istanbul, Turkey, Zul Hakim Bin Jumat, Islamic Wealth Specialist, Community Financial Services – Islamic Wealth Management, Maybank Singapore Ltd, Singapore<i>‘This seminal book underscores the potential of Islamic finance to bridge funding gaps, align with ESG principles, and foster a circular economy through innovative products and community engagement, all rooted in a tradition of over 1,440 years of ethical and moral guidance. An essential read for anyone wanting to learn more about Islamic finance and sustainability.’</i>
- Azmi Omar, President, INCEIF University, Malaysia,
<i>‘This timely book presents viable alternatives to achieving shared and sustainable prosperity based on sound principles of Islamic economics and finance rooted in ethics, social and economic justice, and welfare of humanity. The editors and contributors are to be congratulated for this effort which is a significant contribution to the field and offers a path forward for researchers, policymakers and practitioners.’</i>
- Zamir Iqbal, Vice President and CFO, Islamic Development Bank,
<i>‘This book is a timely addition to Islamic finance literature, which explores the role of Islamic finance in addressing global challenges like inequality and environmental degradation. Combining theory and case studies, it offers practical insights for sustainable development and inclusive prosperity through ethical financial systems. A good guide for readers who have an interest in Islamic finance and the sustainability agenda.’</i>
- Nafis Alam, Monash University Malaysia,
Multidisciplinary chapters integrate perspectives from economics, finance, and environmental studies to emphasize how Islamic finance can uphold ethical values and promote economic growth. The book combines Islamic values with novel financial solutions to address urgent challenges such as climate change, social welfare, and economic inequalities. It includes practical case studies to demonstrate applications in small and medium-sized enterprise financing as well as for microfinancing in conflict zones, and details innovative financial tools such as sukuk and debt alternatives. Ultimately, it concludes that embracing sustainability, ethical governance, and emerging technologies can strengthen Islamic finance’s role in shaping a prosperous future.
Bridging the gap between theory and practice on how environmental, social, and governance challenges intersect with sustainability in finance, this book is an invaluable resource for scholars and students of Islamic economics and finance. Industry experts, policymakers, regulators, and professionals in Islamic finance and sustainability will also benefit from its actionable insights.