How sukuk can play its role to drive the growth of sustainable and responsible investment
The imminent intergenerational wealth transfer from Baby Boomers to their heirs who are members of Generation Y, the Millennials, and Generation Z means that the financial institution that ignores ESG in its operations and financing does so at the risk of ignoring what matters to the bulk of its future customers. These emerging generations have made no secret of their preference that their assets generate social benefits and positively impact the environment in addition to yielding the expected financial benefits.
Sukuk , Sustainable and Responsible Investment (SRI) , Green funding , Islamic finance
Haneef, Rafe. (2017). How sukuk can play its role to drive the growth of sustainable and responsible investment. IF Hub, 7 (December 2017), pp. 1-4.
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