Islamic Finance and Sustainability: A Research Companion (Routledge Research Companions in Business and Economics)

This book offers a comprehensive overview of Islamic finance and sustainability, showcasing how Islamic financial instruments can support environmentally sustainable initiatives. It delves into recent efforts to develop a Shariah-compliant financial and banking system that is sustainable, efficient, and stable.Contributors focus on Islamic financial products and tools, highlighting their potential to advance environmental sustainability.The discussions are organized around key themes, including the principles of sustainability in Islamic finance, risk assessment and mitigation, the Islamic stock market and sustainability, Green Fintech in Islamic banking and finance, and Green Sukuk in developing and emerging markets.The book addresses how Islamic finance can bridge the gap in green financing globally.Particular emphasis is placed on Green Sukuk, a Shariah-compliant bond created to fund environmentally sustainable projects, including those aimed at combating climate change and promotin