ISLAMIC SOCIAL FINANCE COULD HELP DELIVER UN SUSTAINABLE DEVELOPMENT GOALS
July 30th, 2022
There is a growing global movement to align Islamic social finance with the United Nations’ Sustainable Development Goals (SDGs) (https://sdgs.un.org/goals), which are designed to address global environmental, social and economic challenges by 2030. These include combating poverty, inequality, climate change and environmental degradation and ensuring social justice. Islamic social finance has many tools that coincide with the 17 SDGs; these include zakat (obligatory almsgiving), waqf (endowments), sadaqa (voluntary charity) and qard hasan (interest-free ...
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