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Islamic Finance and Sustainable Development (Elements in the Economics of Emerging Markets)

SKU: 9781009464970

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This book explores the intersection of Islamic finance and sustainable development, examining how Islamic financial principles can contribute to achieving global sustainability goals. It provides a comprehensive analysis of the role of Islamic finance in promoting economic and environmental responsibility.

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Description

Islamic Finance and Sustainable Development examines the critical relationship between Islamic financial systems and sustainable development objectives. The work analyzes how Sharia-compliant financial instruments and institutions can effectively address global challenges including poverty, inequality, and environmental degradation.

The authors explore key Islamic finance mechanisms such as Sukuk, Mudaraba, and Musharaka, demonstrating their potential to fund sustainable projects and green initiatives. The book investigates how Islamic banking principles of risk-sharing, asset-backing, and ethical investing align with sustainable development goals.

This element provides scholars, policymakers, and financial professionals with evidence-based insights into Islamic finance’s capacity to drive economic growth while maintaining social responsibility and environmental stewardship in emerging markets and developing economies.

Additional information

Author

Aishath Muneeza, M. Kabir Hassan, Rashedul Hasan & 0 More

Publisher

‏ : ‎ Cambridge University Press

ISBN

9781009464970

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