Strengthening the financial intermediary role of Islamic banks through sustainable development goals
Islamic banks have developed into a competitive type of intermediation with quite a few well-known conventional players currently entering the Islamic finance industry, ensuing in additional diverse Islamic financial institutions with a wide variety of product range. This research stands with two ma...
| Main Authors: | , , |
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| Format: | Proceeding Paper |
| Language: | English English English |
| Published: |
International Business Information Management Association, IBIMA
2019
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| Online Access: | http://irep.iium.edu.my/71497/ http://irep.iium.edu.my/71497/1/71497_Strengthening%20the%20Financial%20Intermediary-%20abstract.pdf http://irep.iium.edu.my/71497/2/71497_Strengthening%20the%20Financial%20Intermediary-paper.pdf http://irep.iium.edu.my/71497/13/71497_Strengthening%20the%20financial%20intermediary%20role%20of%20Islamic%20banks%20through%20sustainable%20development%20goals_Scopus.pdf |
| _version_ | 1848787459100377088 |
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| author | Mohd. Zain, Nor Razinah Hassan, Rusni Salman, Syed Ahmad |
| author_facet | Mohd. Zain, Nor Razinah Hassan, Rusni Salman, Syed Ahmad |
| author_sort | Mohd. Zain, Nor Razinah |
| building | IIUM Repository |
| collection | Online Access |
| description | Islamic banks have developed into a competitive type of intermediation with quite a few well-known conventional players currently entering the Islamic finance industry, ensuing in additional diverse Islamic financial institutions with a wide variety of product range. This research stands with two main objectives that look into (i) the relevancy of Sustainable Development Goals (SDGs) in Islamic financial services industry (IFSI), with a special focus on the financial intermediary roles of Islamic banks, and (ii) the positive impacts of Sustainable Development Goals (SDGs) in expanding the financial intermediary roles of Islamic banks. After the discussion on the United Nations’ SDGs, the financial intermediary role of Islamic banks is discussed. The researchers found that the SDGs in Islamic banks are closely related to their faith-based principles that closely related to prohibition of interest, excessive ambiguity, and gambling. It is recommended for Islamic banks to implement SDGs in their policies and to make transparent reports on their activities. |
| first_indexed | 2025-11-14T17:25:16Z |
| format | Proceeding Paper |
| id | iium-71497 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English English |
| last_indexed | 2025-11-14T17:25:16Z |
| publishDate | 2019 |
| publisher | International Business Information Management Association, IBIMA |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-714972020-02-21T23:24:15Z http://irep.iium.edu.my/71497/ Strengthening the financial intermediary role of Islamic banks through sustainable development goals Mohd. Zain, Nor Razinah Hassan, Rusni Salman, Syed Ahmad HF5001 Business. Business Administration HG1501 Banking HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. K Law (General) Islamic banks have developed into a competitive type of intermediation with quite a few well-known conventional players currently entering the Islamic finance industry, ensuing in additional diverse Islamic financial institutions with a wide variety of product range. This research stands with two main objectives that look into (i) the relevancy of Sustainable Development Goals (SDGs) in Islamic financial services industry (IFSI), with a special focus on the financial intermediary roles of Islamic banks, and (ii) the positive impacts of Sustainable Development Goals (SDGs) in expanding the financial intermediary roles of Islamic banks. After the discussion on the United Nations’ SDGs, the financial intermediary role of Islamic banks is discussed. The researchers found that the SDGs in Islamic banks are closely related to their faith-based principles that closely related to prohibition of interest, excessive ambiguity, and gambling. It is recommended for Islamic banks to implement SDGs in their policies and to make transparent reports on their activities. International Business Information Management Association, IBIMA 2019-07-01 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/71497/1/71497_Strengthening%20the%20Financial%20Intermediary-%20abstract.pdf application/pdf en http://irep.iium.edu.my/71497/2/71497_Strengthening%20the%20Financial%20Intermediary-paper.pdf application/pdf en http://irep.iium.edu.my/71497/13/71497_Strengthening%20the%20financial%20intermediary%20role%20of%20Islamic%20banks%20through%20sustainable%20development%20goals_Scopus.pdf Mohd. Zain, Nor Razinah and Hassan, Rusni and Salman, Syed Ahmad (2019) Strengthening the financial intermediary role of Islamic banks through sustainable development goals. In: 33rd IBIMA Conference 2019, 10th-11th April 2019, Granada, Spain. https://ibima.org/accepted-paper/strengthening-the-financial-intermediary-role-of-islamic-banks-through-sustainable-development-goals/ |
| spellingShingle | HF5001 Business. Business Administration HG1501 Banking HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. K Law (General) Mohd. Zain, Nor Razinah Hassan, Rusni Salman, Syed Ahmad Strengthening the financial intermediary role of Islamic banks through sustainable development goals |
| title | Strengthening the financial intermediary role of Islamic banks through sustainable development goals |
| title_full | Strengthening the financial intermediary role of Islamic banks through sustainable development goals |
| title_fullStr | Strengthening the financial intermediary role of Islamic banks through sustainable development goals |
| title_full_unstemmed | Strengthening the financial intermediary role of Islamic banks through sustainable development goals |
| title_short | Strengthening the financial intermediary role of Islamic banks through sustainable development goals |
| title_sort | strengthening the financial intermediary role of islamic banks through sustainable development goals |
| topic | HF5001 Business. Business Administration HG1501 Banking HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. K Law (General) |
| url | http://irep.iium.edu.my/71497/ http://irep.iium.edu.my/71497/ http://irep.iium.edu.my/71497/1/71497_Strengthening%20the%20Financial%20Intermediary-%20abstract.pdf http://irep.iium.edu.my/71497/2/71497_Strengthening%20the%20Financial%20Intermediary-paper.pdf http://irep.iium.edu.my/71497/13/71497_Strengthening%20the%20financial%20intermediary%20role%20of%20Islamic%20banks%20through%20sustainable%20development%20goals_Scopus.pdf |