Prof. Habib Ahmed, Sharjah Chair in Islamic Law & Finance, Durham University Business School.
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Islamic social finance institutions can be developed to protect against the impact of negative shocks on poorer households. In the case of negative shocks, zakat can be…
Social Security and Protection Against Risks
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The financial sector can contribute to the Sustainable Development Goals in five key activities that can be discussed under two broad categories. First, proactively…
The Role of Financial Sector in Achieving the…
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The Islamic financial sector financing infrastructure projects would comply with its ideological standing as these projects are real assets and benefit the community at…
Financing Infrastructure
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Low-income people are vulnerable to risks as poverty and vulnerability reinforce each other whereby risk events can move households into poverty traps. Since negative…
Mitigating Risk and Vulnerabilities
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The contribution of Islamic financial institutions to environmental and social goals would partly depend on how the broader goals of Islamic law are conceptualized and…
Social and Environmental Impact
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Financial exclusion can exist due to involuntary or voluntary reasons. Involuntary financial exclusion arises due to economic or social reasons as financial institutions…
Financial Inclusion
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Islamic values and principles related to economics and finance can be broadly classified as ethics and legal rules. Ethical values concern moral teachings covering…
The Objectives of Islamic Law (Maqasid al-Shariah)
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The evidence shows that Islamic banking withstood the shocks of the global financial crisis much better than its conventional counterpart. For the financial system…
Stability of the Financial System
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Islamic teachings provide guidance in using resources and economic transactions within Islamic finance such as balance in use, avoiding waste and using the property…
The Guiding Principles of Islamic Finance
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Justice forms one of the hallmarks of Islamic teachings and guides economic and financial transactions. Further, the overall aim of Shariah is to promote welfare or…
The Link Between the Principles of Islamic…
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