Islamic Finance and Sustainable Development: Balancing Spirituality, Values and Profit

Author:   Khaliq Ahmad (international Islamic University, Malaysia) ,  Datuk AbdelAziz Berghout
Publisher:   Taylor & Francis Ltd
ISBN:  

9781032803821


Pages:   238
Publication Date:   05 March 2025
Format:   Hardback
Availability:   In Print   Availability explained
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Islamic Finance and Sustainable Development: Balancing Spirituality, Values and Profit


Overview

This book uncovers a new dimension in the study of sustainability, offering balanced development from a spiritual and cultural values perspective. The authors of this edited volume investigate the role of religion in the debate concerning the Sustainable Development Goals (SDGs) and offer an Islamic perspective to environment, social and governance (ESG) issues. Applying a multidimensional approach to socio-economic development, this book contends that Islam offers a unique perspective and framework for sustainable development that is holistic and rooted in spirituality, morality and ethics. For example, the book explains how Islam lays emphasis on human talents development (SDGs 3 and 4), which is a key element in accelerating socio-economic growth (SDG-8). It also offers a wide range of social financial tools such as Zakat and Waqf that can be used to address SDGs 1 (poverty), 2 (hunger), 5 (gender equality) and 10 (reducing inequality). Islamic finance offers a number of tools for long-term financing such as sukuk that can masterfully be used for building sustainable infrastructure (SDG-9). The study also reviews some Islamic principles from the Holy Qur'an that can positively SDGs. Students, scholars and researchers in the fields of Islamic economics and finance, sustainable development and socio-economic and environmental issues will find the book a valuable resource.

Full Product Details

Author:   Khaliq Ahmad (international Islamic University, Malaysia) ,  Datuk AbdelAziz Berghout
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.650kg
ISBN:  

9781032803821


ISBN 10:   1032803827
Pages:   238
Publication Date:   05 March 2025
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Author Information

Khaliq Ahmad is Professor at the International Institute of Islamic Thought and Civilization (ISTAC), International Islamic University Malaysia (IIUM), Kuala Lumpur, Malaysia. Datuk Abdelaziz Berghout is full Professor of Islamic studies and Civilization at International Islamic University Malaysia (IIUM), Kuala Lumpur, Malaysia.

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