Sustainable Development and Infrastructure

An Islamic Finance Perspective

Amadou Thierno Diallo author Ahmet Suayb Gundogdu author

Format:Hardback

Publisher:Springer Nature Switzerland AG

Published:9th Feb '21

Currently unavailable, our supplier has not provided us a restock date

Sustainable Development and Infrastructure cover

Most books on Islamic finance and development issues are written from an academic perspective. Although academic reflection is key for future direction, dissatisfaction with previous development efforts, as evidenced by their lack of sustainability, suggests the need for a different type of review. Development work is complex and requires a detailed and transparent approach in order to ensure a cogent resolution for potential long-term issues. Each intervention area requires specific elaboration for meaningful impact. The perfect solution for one sector might be detrimental for another.

Islamic finance, with its strict Riba restrictions, rules, and other checks and balances, is a good fit for infrastructure development in pursuit of sustainable development. When it comes to sustainable development, this book argues, Islamic finance has the tools to intervene for maximum impact. However, the issue of sustainability is not only related to Islamic finance; more policy discourse is needed. This requires guidance from the principles of Islamic economics, as well. This book discusses infrastructure development vis-à-vis sustainable development, drawn from decades of real-life development banking experience, and proposes impactful intervention methods based on wisdom from Islamic economics and finance.

ISBN: 9783030670931

Dimensions: unknown

Weight: unknown

220 pages

1st ed. 2021