Islamic sustainable finance: experiences of African countries
This study provides an overview of Islamic sustainable finance (ISF) and its current practice in Africa, documenting that one of the objectives of Islamic sustainable finance is to help improve the economic development of a country as well as the well-being of the community. Additionally, it is disc...
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my.iium.irep.1161532024-12-05T04:19:05Z http://irep.iium.edu.my/116153/ Islamic sustainable finance: experiences of African countries Zakariyah, Habeebullah Mahadi, Nur Farhah Umar A., Muhammad Remi, Yakub Alim BPH531 Zakat BPH741 Waqf HG3368 Islamic Banking and Finance This study provides an overview of Islamic sustainable finance (ISF) and its current practice in Africa, documenting that one of the objectives of Islamic sustainable finance is to help improve the economic development of a country as well as the well-being of the community. Additionally, it is discovered that the most suitable and relevant instruments in the ISF space are waqf, zakat, microfinance, and sukuk, among others. Furthermore, policies related to sustainable Islamic finance are expected to be optimized by regulators to reduce poverty, maintain environmental sustainability, and increase economic growth. This study suggests that other ISF instruments for sustainable development are to be discussed in future research in the context of African nations. Routledge 2024-01-01 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/116153/13/116153_%20Islamic%20sustainable%20finance.pdf application/pdf en http://irep.iium.edu.my/116153/14/116153_%20Islamic%20sustainable%20finance_Scopus.pdf Zakariyah, Habeebullah and Mahadi, Nur Farhah and Umar A., Muhammad and Remi, Yakub Alim (2024) Islamic sustainable finance: experiences of African countries. In: Islamic Finance and Sustainable Development: A Global Framework for Achieving Sustainable Impact Finance. Islamic Business and Finance Series . Routledge, New York, pp. 15-23. ISBN 978-1-032-74307-3 https://www.taylorfrancis.com/chapters/edit/10.4324/9781003468653-4/islamic-sustainable-finance-habeebullah-zakariyah-nur-farhah-mahadi-muhammad-umar-yakub-alim-remi?context=ubx&refId=2b14e34e-0be5-40cb-b011-724cc6e2ad87 10.4324/9781003468653-4 |
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BPH531 Zakat BPH741 Waqf HG3368 Islamic Banking and Finance Zakariyah, Habeebullah Mahadi, Nur Farhah Umar A., Muhammad Remi, Yakub Alim Islamic sustainable finance: experiences of African countries |
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This study provides an overview of Islamic sustainable finance (ISF) and its current practice in Africa, documenting that one of the objectives of Islamic sustainable finance is to help improve the economic development of a country as well as the well-being of the community. Additionally, it is discovered that the most suitable and relevant instruments in the ISF space are waqf, zakat, microfinance, and sukuk, among others. Furthermore, policies related to sustainable Islamic finance are expected to be optimized by regulators to reduce poverty, maintain environmental sustainability, and increase economic growth. This study suggests that other ISF instruments for sustainable development are to be discussed in future research in the context of African nations. |
format |
Book Chapter |
author |
Zakariyah, Habeebullah Mahadi, Nur Farhah Umar A., Muhammad Remi, Yakub Alim |
author_facet |
Zakariyah, Habeebullah Mahadi, Nur Farhah Umar A., Muhammad Remi, Yakub Alim |
author_sort |
Zakariyah, Habeebullah |
title |
Islamic sustainable finance: experiences of African countries |
title_short |
Islamic sustainable finance: experiences of African countries |
title_full |
Islamic sustainable finance: experiences of African countries |
title_fullStr |
Islamic sustainable finance: experiences of African countries |
title_full_unstemmed |
Islamic sustainable finance: experiences of African countries |
title_sort |
islamic sustainable finance: experiences of african countries |
publisher |
Routledge |
publishDate |
2024 |
url |
http://irep.iium.edu.my/116153/13/116153_%20Islamic%20sustainable%20finance.pdf http://irep.iium.edu.my/116153/14/116153_%20Islamic%20sustainable%20finance_Scopus.pdf http://irep.iium.edu.my/116153/ https://www.taylorfrancis.com/chapters/edit/10.4324/9781003468653-4/islamic-sustainable-finance-habeebullah-zakariyah-nur-farhah-mahadi-muhammad-umar-yakub-alim-remi?context=ubx&refId=2b14e34e-0be5-40cb-b011-724cc6e2ad87 |
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1817841078439510016 |
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13.244413 |