Agricultural workers in the water-stressed Bekaa Valley, Lebanon (Paul Cochrane, copy right)

Islamic Finance

Report: Shariah scholars and industry bodies need to focus on sustainability


Shariah scholars and Islamic finance industry bodies need to consider sustainability more thoroughly in order to achieve the United Nations Sustainable Development Goals (SDGs) by 2030, according to a new report launched last week.

 

LONDON: The study, “Islamic finance: Shariah and the SDGs” was co-authored by the not-for-profit UK Islamic Finance Council (UKIFC), and Malaysia-based International Shariah Research Academy for Islamic Finance (ISRA). It is based on ISRA’s analysis and supplemented by 10 in-depth interviews with Shariah scholars across the globe.

 

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