Islamic finance and sustainable economy
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Sustainability is best defined as meeting the present needs without compromising the ability of future generations to meet these needs. Sustainable economy is part of this larger drive aiming at balancing economic development, social equality and environmental protection and spur prosperity that spans across generations. In recent years, the global financial sector had seen many instances where financial malpractices had led to economic loss, often involving collateral damage of the innocent. Notably, the advent of the 2008 financial crisis serves as a stark reminder regarding the dangers of financial mismanagement.
Sustainability , Islamic banking , Islamic finance
Merican, M. R. (2017). Islamic finance and sustainable economy. IF Hub, 7 (December 2017), pp. 5-8.
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