An overview of the lecture on “Role of Islamic Social Finance in Realizing the SDGs”
Date: 23 June 2022 Day: Thursday Time: 12 Noon (Kuwait time) Speaker: Professor Habib Ahmed, Sharjah Chair…
- Date: 23 June 2022
- Day: Thursday
- Time: 12 Noon (Kuwait time)
- Speaker: Professor Habib Ahmed, Sharjah Chair in Islamic Law & Finance, Durham University Business School, UK
- Organizer: Islamic Econmics Association, Faculty of Shariah and Islamic Studies, Kuwait University
- Web: https://shariaa.org
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Introduction:
Islamic Economics Association at the Faculty of Shariah and Islamic Studies, Kuwait University is continuously constructing various types of events and lectures to promote Islamic Finance framework, strategies and standards. In regard to that the lecture on “Role of Islamic Social Finance in Realizing the SDGs” was held on 23 June 2022. Dr. Mohammad Mohiuddin, the Moderator of the session started the session and briefly introduced the Association and the speaker to all participants. The speaker Professor Habib Ahmed addressed the background of the topic of the lecture at the beginning and mentioned the content of the lecture. Then the lecturer discussed the topic in details.
Keywords: SDGs. Islamic. Social-Finance. OIC. Zakah. Waqf. ESG.
Objectives:
The objectives of the lecture are:
- Assisting the researchers, professionals and students to the role of Islamic social finance.
- Introducing the SDGs role in relation with Islamic social finance.
- Helping the attendees to figure out the status of OIC countries and Finance.
- Addressing the prospects and challenges of Islamic social finance in achieving SDGs.
- Explaining the the role of Islamic Financial institutions to achieve the SDGs.
Discussions:
Professor Habib Ahmed discussed the session explaining the following pints:
- SDGs: Status in OIC Countries & Finance:
- Top five challenges in achieving SDGs: OIC countries
- SDGs: Funding needs and gaps
- Financial sector and SDGs
- Organizational types and financing strategies
- Social impact and financing alternatives
- SDGs/ESG and finance: Developments
- Sustainable investment assets
- Islamic Social Finance & SDGs: Prospects & Reality:
- Islamic finance: Meaning of Shariah compliance
- Shariah principles and planet linked SDGs
- Social impact and Islamic Social finance
- Islamic financial sector: Role and size
- Islamic Banks and ESG
- Way Forward:
- Conceptual reframing
- Organizational cultural reorientation
- Innovations for providing social finance
- Developing legal/regulatory ecosystem
Link:
https://www.youtube.com/watch?v=DlcLi0EzpIA
May Allah accept all our good deeds and services.
Prepared by:
Dr. Mohammad Mohiuddin
Moderator of the session