Publication:
Islamic finance: Shariah and the SDGs - thoughts leadership series part 4 - October 2021
Abstract
This report is the last part of a four-part thought leadership series delivered by the International Shari'ah Research Academy for Islamic Finance (ISRA) in partnership with the Islamic Finance Council UK (UKIFC). The series is intended to inspire IFIs to embrace the SDGs and demonstrate to the world that consideration for people, planet and purpose can coexist with profit and form the heart of the next generation of Islamic financial products. This part will mainly document the current level of knowledge, understanding and perspectives on the SDGs amongst key IF industry stakeholders, primarily Shariah scholars. The concept of sustainable development was articulated for the first time in the Brundtland Report, also called "Our Common Future", published in 1987 by the World Commission on Environment and Development (WCED) and supported by the UN. According to the Report, sustainable development is defined as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs".
Keywords
Sustainable Development Goals , SDGs , Islamic finance , Shariah
Citation
Djafri, F. & Soualhi, Y. (2021). Islamic finance: Shariah and the SDGs - thoughts leadership series part 4 - October 2021. United Kingdom: Islamic Finance Council UK.
Publisher
Islamic Finance Council UK