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Islamic Finance And The SDGs: Framing The Opportunity

Islamic Finance And The SDGs: Framing The Opportunity

Year Published

2020

Contributing Organisations

DDCAP Group
Gatehouse Bank
Global Ethical Finance Initiative (GEFI)
International Shari'ah Research Academy for Islmaic Finance (ISRA)
Islamic Finance Council (UKIFC)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Islamic Finance
Topic 2
Transition Planning & Implementation Capabilities

Target Audience

All

Relevant Geography

Global
Islamic Finance And The SDGs: Framing The Opportunity

Resource Summary

This first report, in a series of three, provides an introduction to the SDGs within the context of Islamic finance. It highlights that while Islamic Financial Institutions (IFIs) are beginning to engage with the SDGs, their efforts remain in the early stages and lack the speed and scale needed to meet global targets. The report outlines three key phases for financial institutions to successfully engage with the SDGs: - Understand: knowing how your organisation can effectively engage with the SDGs - Transition: developing the business case and implementing a plan to embed the SDGs into your institution and identify the commercial opportunities associated - Evaluate performance and promote continuous improvement Additionally, the report identifies several opportunities for Islamic finance through alignment with the SDGs.

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