Strengthening the financial intermediary role of Islamic banks through sustainable development goals

Islamic banks have developed into a competitive type of intermediation with quite a few well-known conventional players currently entering the Islamic finance industry, ensuing in additional diverse Islamic financial institutions with a wide variety of product range. This research stands with two ma...

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Main Authors: Mohd. Zain, Nor Razinah, Hassan, Rusni, Salman, Syed Ahmad
Format: Conference or Workshop Item
Language:English
English
English
Published: International Business Information Management Association, IBIMA 2019
Subjects:
Online Access:http://irep.iium.edu.my/71497/
http://irep.iium.edu.my/71497/
http://irep.iium.edu.my/71497/1/71497_Strengthening%20the%20Financial%20Intermediary-%20abstract.pdf
http://irep.iium.edu.my/71497/2/71497_Strengthening%20the%20Financial%20Intermediary-paper.pdf
http://irep.iium.edu.my/71497/13/71497_Strengthening%20the%20financial%20intermediary%20role%20of%20Islamic%20banks%20through%20sustainable%20development%20goals_Scopus.pdf
id iium-71497
recordtype eprints
spelling iium-714972020-02-21T23:24:15Z http://irep.iium.edu.my/71497/ Strengthening the financial intermediary role of Islamic banks through sustainable development goals Mohd. Zain, Nor Razinah Hassan, Rusni Salman, Syed Ahmad HF5001 Business. Business Administration HG1501 Banking HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. K Law (General) Islamic banks have developed into a competitive type of intermediation with quite a few well-known conventional players currently entering the Islamic finance industry, ensuing in additional diverse Islamic financial institutions with a wide variety of product range. This research stands with two main objectives that look into (i) the relevancy of Sustainable Development Goals (SDGs) in Islamic financial services industry (IFSI), with a special focus on the financial intermediary roles of Islamic banks, and (ii) the positive impacts of Sustainable Development Goals (SDGs) in expanding the financial intermediary roles of Islamic banks. After the discussion on the United Nations’ SDGs, the financial intermediary role of Islamic banks is discussed. The researchers found that the SDGs in Islamic banks are closely related to their faith-based principles that closely related to prohibition of interest, excessive ambiguity, and gambling. It is recommended for Islamic banks to implement SDGs in their policies and to make transparent reports on their activities. International Business Information Management Association, IBIMA 2019-07-01 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/71497/1/71497_Strengthening%20the%20Financial%20Intermediary-%20abstract.pdf application/pdf en http://irep.iium.edu.my/71497/2/71497_Strengthening%20the%20Financial%20Intermediary-paper.pdf application/pdf en http://irep.iium.edu.my/71497/13/71497_Strengthening%20the%20financial%20intermediary%20role%20of%20Islamic%20banks%20through%20sustainable%20development%20goals_Scopus.pdf Mohd. Zain, Nor Razinah and Hassan, Rusni and Salman, Syed Ahmad (2019) Strengthening the financial intermediary role of Islamic banks through sustainable development goals. In: 33rd IBIMA Conference 2019, 10th-11th April 2019, Granada, Spain. https://ibima.org/accepted-paper/strengthening-the-financial-intermediary-role-of-islamic-banks-through-sustainable-development-goals/
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
English
topic HF5001 Business. Business Administration
HG1501 Banking
HG3368 Islamic Banking and Finance
HG4001 Financial management. Business finance. Corporation finance.
K Law (General)
spellingShingle HF5001 Business. Business Administration
HG1501 Banking
HG3368 Islamic Banking and Finance
HG4001 Financial management. Business finance. Corporation finance.
K Law (General)
Mohd. Zain, Nor Razinah
Hassan, Rusni
Salman, Syed Ahmad
Strengthening the financial intermediary role of Islamic banks through sustainable development goals
description Islamic banks have developed into a competitive type of intermediation with quite a few well-known conventional players currently entering the Islamic finance industry, ensuing in additional diverse Islamic financial institutions with a wide variety of product range. This research stands with two main objectives that look into (i) the relevancy of Sustainable Development Goals (SDGs) in Islamic financial services industry (IFSI), with a special focus on the financial intermediary roles of Islamic banks, and (ii) the positive impacts of Sustainable Development Goals (SDGs) in expanding the financial intermediary roles of Islamic banks. After the discussion on the United Nations’ SDGs, the financial intermediary role of Islamic banks is discussed. The researchers found that the SDGs in Islamic banks are closely related to their faith-based principles that closely related to prohibition of interest, excessive ambiguity, and gambling. It is recommended for Islamic banks to implement SDGs in their policies and to make transparent reports on their activities.
format Conference or Workshop Item
author Mohd. Zain, Nor Razinah
Hassan, Rusni
Salman, Syed Ahmad
author_facet Mohd. Zain, Nor Razinah
Hassan, Rusni
Salman, Syed Ahmad
author_sort Mohd. Zain, Nor Razinah
title Strengthening the financial intermediary role of Islamic banks through sustainable development goals
title_short Strengthening the financial intermediary role of Islamic banks through sustainable development goals
title_full Strengthening the financial intermediary role of Islamic banks through sustainable development goals
title_fullStr Strengthening the financial intermediary role of Islamic banks through sustainable development goals
title_full_unstemmed Strengthening the financial intermediary role of Islamic banks through sustainable development goals
title_sort strengthening the financial intermediary role of islamic banks through sustainable development goals
publisher International Business Information Management Association, IBIMA
publishDate 2019
url http://irep.iium.edu.my/71497/
http://irep.iium.edu.my/71497/
http://irep.iium.edu.my/71497/1/71497_Strengthening%20the%20Financial%20Intermediary-%20abstract.pdf
http://irep.iium.edu.my/71497/2/71497_Strengthening%20the%20Financial%20Intermediary-paper.pdf
http://irep.iium.edu.my/71497/13/71497_Strengthening%20the%20financial%20intermediary%20role%20of%20Islamic%20banks%20through%20sustainable%20development%20goals_Scopus.pdf
first_indexed 2023-09-18T21:41:22Z
last_indexed 2023-09-18T21:41:22Z
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