The foundation of social finance: what can Islamic finance and Islamic social finance learn?

Even though Islamic Finance offers a set of distinct concepts, it is often blamed for replicating the conventional finance practices. The same could happen to Islamic Social Finance. Although Islamic Social Finance is an emerging field of study like social finance, the literature of the latter has m...

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Main Author:	Azrai Azaimi Ambrose, Azniza Hartini
Format:	Conference or Workshop Item
Language:	English
Published:	2019
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/77351/ http://irep.iium.edu.my/77351/1/CL%20TOC%20Slides.pdf

id	iium-77351
recordtype	eprints
spelling	iium-773512020-02-20T04:17:54Z http://irep.iium.edu.my/77351/ The foundation of social finance: what can Islamic finance and Islamic social finance learn? Azrai Azaimi Ambrose, Azniza Hartini HG3368 Islamic Banking and Finance Even though Islamic Finance offers a set of distinct concepts, it is often blamed for replicating the conventional finance practices. The same could happen to Islamic Social Finance. Although Islamic Social Finance is an emerging field of study like social finance, the literature of the latter has more deliberations on its foundational concept than the former. As such, this paper attempts to address this conundrum by taking lessons from the literature developments of social finance. Specifically, this paper aims to (1) trace the roots of social finance and (2) compare and contrast the key concepts of social finance, Islamic Finance, and Islamic Social Finance. Findings shows that Islamic Finance and Islamic Social Finance should mediate the theories of conventional finance, concepts in social finance, the practice of both fields, and the Shari’ah in order to rediscover their identities and theoretical underpinnings. 2019 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/77351/1/CL%20TOC%20Slides.pdf Azrai Azaimi Ambrose, Azniza Hartini (2019) The foundation of social finance: what can Islamic finance and Islamic social finance learn? In: 10th Foundation of Islamic Finance Conference, 28 Nov 2017, Sunway University. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG3368 Islamic Banking and Finance
spellingShingle	HG3368 Islamic Banking and Finance Azrai Azaimi Ambrose, Azniza Hartini The foundation of social finance: what can Islamic finance and Islamic social finance learn?
description	Even though Islamic Finance offers a set of distinct concepts, it is often blamed for replicating the conventional finance practices. The same could happen to Islamic Social Finance. Although Islamic Social Finance is an emerging field of study like social finance, the literature of the latter has more deliberations on its foundational concept than the former. As such, this paper attempts to address this conundrum by taking lessons from the literature developments of social finance. Specifically, this paper aims to (1) trace the roots of social finance and (2) compare and contrast the key concepts of social finance, Islamic Finance, and Islamic Social Finance. Findings shows that Islamic Finance and Islamic Social Finance should mediate the theories of conventional finance, concepts in social finance, the practice of both fields, and the Shari’ah in order to rediscover their identities and theoretical underpinnings.
format	Conference or Workshop Item
author	Azrai Azaimi Ambrose, Azniza Hartini
author_facet	Azrai Azaimi Ambrose, Azniza Hartini
author_sort	Azrai Azaimi Ambrose, Azniza Hartini
title	The foundation of social finance: what can Islamic finance and Islamic social finance learn?
title_short	The foundation of social finance: what can Islamic finance and Islamic social finance learn?
title_full	The foundation of social finance: what can Islamic finance and Islamic social finance learn?
title_fullStr	The foundation of social finance: what can Islamic finance and Islamic social finance learn?
title_full_unstemmed	The foundation of social finance: what can Islamic finance and Islamic social finance learn?
title_sort	foundation of social finance: what can islamic finance and islamic social finance learn?
publishDate	2019
url	http://irep.iium.edu.my/77351/ http://irep.iium.edu.my/77351/1/CL%20TOC%20Slides.pdf
first_indexed	2023-09-18T21:49:05Z
last_indexed	2023-09-18T21:49:05Z
_version_	1777413648157769728

The foundation of social finance: what can Islamic finance and Islamic social finance learn?

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