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Sustainable development and infrastructure : an Islamic finance perspective /

by Diallo, Amadou Thierno,
Authors: Gundogdu, Ahmet Suayb,%author | Ohio Library and Information Network. Series: Palgrave studies in Islamic banking, finance, and economics Published by : Springer, (Cham :) Physical details: xvii, 220 p; ISBN: 3030670937 Subject(s): Finance, Public %Islamic countries. | Sustainable development %Finance. | Sustainable development %Religious aspects %Islam. | Electronic books Year: 2021
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Item type Location Call Number Status Notes Date Due
Book Book AUM Main Library 338.91767 D536 (Browse Shelf) Available invoice 2021/1472
Book Book AUM Main Library 338.91767 D536 (Browse Shelf) Available invoice 2022/0068

Includes bibliographical references and index

1. Islamic Finance for Sustainable Development Goals -- 2. Islamic versus Conventional Infrastructure Project Finance vis-a-vis Time Overrun Issues -- 3. Identifying Infrastructure Sectors for Islamic PublicPrivate Partnership Projects -- 4. Sustainable Islamic SME Financing -- 5.Economic Empowerment, Zakat, Waqf, and Social Infrastructure -- 6. Islamic Finance Strife: Risk Management, Regulation, and Supervision -- 7. Islamic Approach toward Energy Sector Infrastructure Development -- 8. Islamic Financial Product Development in the Context of Education and Health -- 9. Irrigation and Drainage -- 10. Identifying Equitable and Fitting Business Models for Infrastructure Projects

Available to OhioLINK libraries

Most books on Islamic finance and development issues are written from an academic perspective. Although academic reflection is key for future direction, dissatisfaction with previous development efforts, as evidenced by their lack of sustainability, suggests the need for a different type of review. Development work is complex and requires a detailed and transparent approach in order to ensure a cogent resolution for potential long-term issues. Each intervention area requires specific elaboration for meaningful impact. The perfect solution for one sector might be detrimental for another. Islamic finance, with its strict Riba restrictions, rules, and other checks and balances, is a good fit for infrastructure development in pursuit of sustainable development. When it comes to sustainable development, this book argues, Islamic finance has the tools to intervene for maximum impact. However, the issue of sustainability is not only related to Islamic finance; more policy discourse is needed. This requires guidance from the principles of Islamic economics, as well. This book discusses infrastructure development vis-a-vis sustainable development, drawn from decades of real-life development banking experience, and proposes impactful intervention methods based on wisdom from Islamic economics and finance

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