IRTI, UNDP, Malaysian SC partner to promote leveraging Islamic finance to fund the 2030 global development agenda
Photo: A cross-section of participants at the “Achieving the SDGs: Unleashing the Potential of Islamic Finance through Innovative Investors and Instruments” forum on the sidelines of the 73rd United Nations General Assembly at the UN Headquarters in New York, USA on September 27, 2018
New York, 27 September 2018 - The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group, United Nations Development Program (UNDP) and Securities Commission Malaysia (SC) have collaborated to promote the use of Islamic financing instruments to meet the funding requirements of the Sustainable Development Goals (SDGs).
The huge funding needed to meet the 2030 Agenda for Sustainable Development far surpasses the resources available to individual governments and multilateral agencies, thereby making it imperative to join forces and to diversity sources of mobilizing financing for development projects.
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