Is Islamic Finance, social finance? / Saadiah Mohamad
Developments in Islamic Finance and Social Finance and illustrate an increasing interest globally to look at alternative ways of financing and creating value in the society. Islamic Finance and Social Finance are emerging disciplines that challenge and influence the global finance industry and both...
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| Format: | Article |
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Faculty of Business and Management
2014
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| Online Access: | https://ir.uitm.edu.my/id/eprint/12360/ |
| _version_ | 1848803137129807872 |
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| author | Mohamad, Saadiah |
| author_facet | Mohamad, Saadiah |
| author_sort | Mohamad, Saadiah |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | Developments in Islamic Finance and Social Finance and illustrate an increasing interest globally to look at alternative ways of financing and creating value in the society. Islamic Finance and Social Finance are emerging disciplines that challenge and influence the global finance industry and both have similar mandates in terms of their emphasis in ethical business and investment. Islamic Finance is governed by the rules of the shariah that prohibits riba or interest and gharar (uncertainty), sinful
business sectors such as pornography and alcohol and unethical practices such as exessive speculation and gambling. These forms of restrictions are similar to the negative screening methodology adopted by the socially responsible investment or SRI which is a rising component of Social Finance. |
| first_indexed | 2025-11-14T21:34:27Z |
| format | Article |
| id | uitm-12360 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| last_indexed | 2025-11-14T21:34:27Z |
| publishDate | 2014 |
| publisher | Faculty of Business and Management |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-123602017-08-08T04:02:07Z https://ir.uitm.edu.my/id/eprint/12360/ Is Islamic Finance, social finance? / Saadiah Mohamad jeeir Mohamad, Saadiah Developments in Islamic Finance and Social Finance and illustrate an increasing interest globally to look at alternative ways of financing and creating value in the society. Islamic Finance and Social Finance are emerging disciplines that challenge and influence the global finance industry and both have similar mandates in terms of their emphasis in ethical business and investment. Islamic Finance is governed by the rules of the shariah that prohibits riba or interest and gharar (uncertainty), sinful business sectors such as pornography and alcohol and unethical practices such as exessive speculation and gambling. These forms of restrictions are similar to the negative screening methodology adopted by the socially responsible investment or SRI which is a rising component of Social Finance. Faculty of Business and Management 2014 Article PeerReviewed Mohamad, Saadiah (2014) Is Islamic Finance, social finance? / Saadiah Mohamad. (2014) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29.html>, 2 (2). pp. 1-4. ISSN 2289-2559 https://journal.uitm.edu.my/ojs/index.php/JEEIR/ |
| spellingShingle | Mohamad, Saadiah Is Islamic Finance, social finance? / Saadiah Mohamad |
| title | Is Islamic Finance, social finance? / Saadiah Mohamad |
| title_full | Is Islamic Finance, social finance? / Saadiah Mohamad |
| title_fullStr | Is Islamic Finance, social finance? / Saadiah Mohamad |
| title_full_unstemmed | Is Islamic Finance, social finance? / Saadiah Mohamad |
| title_short | Is Islamic Finance, social finance? / Saadiah Mohamad |
| title_sort | is islamic finance, social finance? / saadiah mohamad |
| url | https://ir.uitm.edu.my/id/eprint/12360/ https://ir.uitm.edu.my/id/eprint/12360/ |