Sustainable Islamic Finance: A Min-Review

13 Pages Posted: 10 Mar 2020

See all articles by Mohammad Bayzid

Mohammad Bayzid

Abu Dhabi University

Haitham Nobanee

University of Oxford; Abu Dhabi University; University of Liverpool

Date Written: February 15, 2020

Abstract

Islamic finance has a huge impact on the financial system in general and over the years it has proven that Islamic finance can be Affected differently by the financial factors or crises throughout time. In this paper, I will discuss how Islamic finance can result in a sustainable economy or sustainable Islamic finance. It might also affect the economy of a specific country in a positive way. I will be searching what other papers found out about the sustainability of Islamic finance and how effective it is on the economy. I will also view some examples of how severely Islamic finance got effected by different financial crises throughout the years. Throughout the paper, I will be presenting what other authors thought about sustainable Islamic finance. At the end of this paper I will be presenting my thoughts about this topic and lastly, I will speak about my expectations about the future of the sustainability Islamic finance and I will be talking about different possibilities in different cases based on the readings that I have done.

Suggested Citation

Bayzid, Mohammad and Nobanee, Haitham and Nobanee, Haitham, Sustainable Islamic Finance: A Min-Review (February 15, 2020). Available at SSRN: https://ssrn.com/abstract=3538853 or http://dx.doi.org/10.2139/ssrn.3538853

Mohammad Bayzid

Abu Dhabi University ( email )

Abu Dhabi
United Arab Emirates

Haitham Nobanee (Contact Author)

Abu Dhabi University ( email )

Abu Dhabi
United Arab Emirates

University of Oxford ( email )

Mansfield Road
Oxford, Oxfordshire OX1 4AU
United Kingdom

University of Liverpool ( email )

Chatham Street
Brownlow Hill
Liverpool, L69 7ZA
United Kingdom

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