A Socially Responsible Islamic Finance

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This book explores how Islamic financial institutions and Muslim communities can merge spirituality and character development with contemporary social responsibility initiatives to create positive social and environmental impacts. It addresses pressing issues such as the environmental crisis and the divide between mainstream and extremist interpretations of Islam, emphasizing the importance of including Islam in discussions with other faiths about humanity's challenges. Unlike existing literature, it examines the intersections of classical Islamic ethics, contemporary Islamic finance, and sustainability initiatives like the Equator Principles and UN Principles of Responsible Investment, which aim to hold businesses accountable for their environmental and community impacts. Drawing from his extensive experience in Islamic banking, Moghul discusses real-world applications and dilemmas, advocating for Islamic organizations and Muslim communities to engage with a diverse range of stakeholders recognized by Shari’ah. By situating Islamic finance within broader issues of balance, justice, and moderation, Moghul creates an interdisciplinary work appealing to academics and researchers in economics, finance, business, government, policy, and law.