This book uncovers a new dimension in the study of sustainability, offering balanced development from a spiritual and cultural values perspective. The authors of this edited volume investigate the role of religion in the debate concerning the SDGs and offer an Islamic perspective to Environment, Social and Governance (ESG) issues.
This book uncovers a new dimension in the study of sustainability, offering balanced development from a spiritual and cultural values perspective. The authors of this edited volume investigate the role of religion in the debate concerning the Sustainable Development Goals (SDGs) and offer an Islamic perspective to Environment, Social and Governance (ESG) issues.
Applying a multidimensional approach to socio-economic development, the book contends that the Islam offers a unique perspective and framework for sustainable development that is holistic and rooted in spirituality, morality, and ethics. For example, the book explains how Islam lays emphasis on human talents development (SDG 3 and 4), which is a key element in accelerating socio-economic growth (SDG-8). It also offers a wide range of social financial tools such as Zakat, waqf that can be used to address SDG 1 (poverty), 2 (hunger), 5 (gender equality), and 10 (reducing inequality). Islamic finance offers a number of tools for long-term financing such as sukuk that can masterfully be used for building sustainable infrastructure (SDG-9). The study also reviews some Islamic principles from the Holy Qur'an that can positively SDGs.
Students, scholars and researchers in the fields of Islamic Economics and Finance, sustainable development and socio-economic and environmental issues will find the book a valuable resource.
Part
1. Values of Sustainability and Spirituality
1. Introduction
2.
Maqasid for Re-Envisioning Islamic Higher Education for Sustainability and
Socio-economic Development 3.Islamic View of Spirituality and Sustainability:
Some Personal Reflections
4. Religiosity as a Core Factor of Intercultural
Competence (IC) Part
2. Spirituality and Overall Ecosystems
5. Ethical
Foundations of Monetary Transactions in Islamic Economics: Promoting Equity,
Justice and Sustainable Development
6. The Islamization of Economics An
Analysis of the Linkage Between Islamic Economics, Sustainability and the
Islamic Financial System
7. Pathways to Prosperity: Bridging Faith and
Sustainability in Contemporary Consumption Behavior
8. Ethical and
Sustainable Finance: Integrating Islamic Principles
9. Islamic Social Finance
as a Catalyst for Socio-Economic Sustainability - The Role of FinTech
10.
Humanising Governance and Management with Spirituality Part
3. Sustainable
Finance Governance and Application - Case Studies
11. Financial Inclusion of
the Deprived in India: Historical Perspectives
12. Sustainability Through
Purposeful Leadership - The Maybank Case Study
13. The Viability of
Integrating ESG As an Additional Screening in Shariah Stock Screening
14.
Concluding Remarks
Khaliq Ahmad is Professor at the International Institute of Islamic Thought and Civilization (ISTAC), International Islamic University Malaysia (IIUM), Kuala Lumpur, Malaysia.
Datuk Abdelaziz Berghout is full Professor of Islamic studies and Civilization at International Islamic University Malaysia (IIUM), Kuala Lumpur, Malaysia.
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