Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan

To be true to the spirit of Islamic finance, embodied in the principles of maqasid al-shariah, developments in Islamic finance should contribute towards promoting social inclusion and reducing poverty. However, Islamic finance is criticised for the minimal social impact that it has created and its...

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Main Authors: Saadiah, Mohamad, Nur Amirah, Borhan
Format: Article
Language:en
Published: Universiti Teknologi MARA, Perak 2017
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Online Access:https://ir.uitm.edu.my/id/eprint/29496/1/29496.pdf
https://ir.uitm.edu.my/id/eprint/29496/
http://www.myse.my/
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author Saadiah, Mohamad
Nur Amirah, Borhan
author_facet Saadiah, Mohamad
Nur Amirah, Borhan
author_sort Saadiah, Mohamad
building Tun Abdul Razak Library
collection Institutional Repository
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
continent Asia
country Malaysia
description To be true to the spirit of Islamic finance, embodied in the principles of maqasid al-shariah, developments in Islamic finance should contribute towards promoting social inclusion and reducing poverty. However, Islamic finance is criticised for the minimal social impact that it has created and its contribution towards promoting social sustainability. Thus, this paper aims to develop a comparative analysis of literature on the meaning, conceptualization and measurement models of social impact. Then, the paper uses maqasid al-shariah as a theoretical framework to conceptualise social impact and to propose a set of parametersthat can be used to measure the social impact of IFIs
format Article
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institution Universiti Teknologi Mara
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publishDate 2017
publisher Universiti Teknologi MARA, Perak
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spelling my.uitm.ir-294962020-04-08T16:10:59Z https://ir.uitm.edu.my/id/eprint/29496/ Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan myse Saadiah, Mohamad Nur Amirah, Borhan Study and teaching. Research Finance, Islamic To be true to the spirit of Islamic finance, embodied in the principles of maqasid al-shariah, developments in Islamic finance should contribute towards promoting social inclusion and reducing poverty. However, Islamic finance is criticised for the minimal social impact that it has created and its contribution towards promoting social sustainability. Thus, this paper aims to develop a comparative analysis of literature on the meaning, conceptualization and measurement models of social impact. Then, the paper uses maqasid al-shariah as a theoretical framework to conceptualise social impact and to propose a set of parametersthat can be used to measure the social impact of IFIs Universiti Teknologi MARA, Perak 2017 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29496/1/29496.pdf Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan. (2017) Malaysian Journal of Sustainable Environment (MySE) <https://ir.uitm.edu.my/view/publication/Malaysian_Journal_of_Sustainable_Environment_=28MySE=29/>, 3 (2). pp. 81-103. ISSN 0128-326X http://www.myse.my/
spellingShingle Study and teaching. Research
Finance, Islamic
Saadiah, Mohamad
Nur Amirah, Borhan
Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan
title Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan
title_full Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan
title_fullStr Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan
title_full_unstemmed Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan
title_short Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan
title_sort islamic finance and social sustainability : parameters for developing a model for social impact measurement / saadiah mohamad and nur amirah borhan
topic Study and teaching. Research
Finance, Islamic
url https://ir.uitm.edu.my/id/eprint/29496/1/29496.pdf
https://ir.uitm.edu.my/id/eprint/29496/
http://www.myse.my/
url_provider http://ir.uitm.edu.my/