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A Socially Responsible Islamic Finance - Character and the Common Good (Hardcover, 2017 ed.)
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A Socially Responsible Islamic Finance - Character and the Common Good (Hardcover, 2017 ed.)
Series: Palgrave Studies in Islamic Banking, Finance, and Economics
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This book explores how, through spirituality and the development of
character, Islamic financial institutions and Muslim communities
can integrate their businesses with contemporary social
responsibility initiatives to produce positive social and
environmental impact. From the looming environmental crisis to the
divide between mainstream and extremist interpretations of Islam,
the book addresses significant questions facing Muslim communities
- and humanity - and demonstrates why Islam should sit `at the
table' with other faiths and ethical traditions discussing
humanity's great obstacles. Unlike existing literature, this work
explores the intersections between classical Islamic ethics and
spirituality, contemporary Islamic finance and economic markets,
and select sustainability and impact initiatives (such as the
Equator Principles and UN Principles of Responsible Investment)
designed to make the worlds of business and finance responsible for
the environments in which they operate and the communities that
support them. Drawing on his years of experience in Islamic
banking, Moghul addresses these applications in light of real-world
practices and dilemmas, demonstrating how Islamic organizations and
Muslim communities should embrace the broad range of stakeholders
countenanced by the Shari'ah in conversations that affect them. By
situating his exploration of Islamic finance in the light of the
much larger critical issues of balance, justice, and moderation in
Islamic praxis, Moghul creates an interdisciplinary book that will
appeal to academics and researchers in economics, finance,
business, government and policy, and law.
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