Majlis & Markets
Majlis & Markets brings you insightful conversations with leaders in Islamic and global markets. 🌐💬 Join us as we explore the landscape of Islamic finance, delve into the intricacies of Middle Eastern and global financial markets as well as enter the realms of venture capital and much more!
Email us: hassan@majlisandmarkets.com
Majlis & Markets
Episode 27-Profit Over Principles? The Ethical Dilemma in Islamic Finance
The modern Islamic finance industry has grown since the 1970s into a $5 trillion industry. Critics argue that despite its ethical roots, it often prioritizes shareholder returns over impact investing.
Whilst Islamic finance shares principles with ethical finance, it usually focuses on profits rather than social and environmental outcomes.
In our 27th episode, we spoke to Reza Jaufeerally, a specialist in Islamic and ethical finance at the University of Leuven in Belgium.
In our discussion, we touch on several topics
- Unpacking what impact investing is
- Why Islamic finance struggles with impact investing
- How to enhance Islamic impact investing in Muslim-majority countries
Email us: hassan@majlisandmarkets.com
Reza's Twitter (now X) handle-https://x.com/RZJ1
Serenity Prayer by Reinhold Niebuhr; If by Rudyard Kipling
Intro theme song-Arab and Muslim by StockMusic via Pixabay
