Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan
To be true to the spirit of Islamic finance, embodied in the principles of maqasid al-shariah, developments in Islamic finance should contribute towards promoting social inclusion and reducing poverty. However, Islamic finance is criticised for the minimal social impact that it has created and its...
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA, Perak
2017
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| Online Access: | https://ir.uitm.edu.my/id/eprint/29496/ |
| _version_ | 1848807247722840064 |
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| author | Saadiah, Mohamad Nur Amirah, Borhan |
| author_facet | Saadiah, Mohamad Nur Amirah, Borhan |
| author_sort | Saadiah, Mohamad |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | To be true to the spirit of Islamic finance, embodied in the principles of maqasid al-shariah, developments in Islamic finance should contribute towards promoting social inclusion and reducing poverty. However, Islamic finance is criticised for the minimal social impact that it has created and its contribution towards promoting social sustainability. Thus, this paper aims to develop a comparative analysis of literature on the meaning, conceptualization and measurement models of social impact. Then, the paper uses maqasid al-shariah as a theoretical framework to conceptualise social impact and to propose a set of parametersthat can be used to measure the social impact of IFIs |
| first_indexed | 2025-11-14T22:39:48Z |
| format | Article |
| id | uitm-29496 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:39:48Z |
| publishDate | 2017 |
| publisher | Universiti Teknologi MARA, Perak |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-294962020-04-08T16:10:59Z https://ir.uitm.edu.my/id/eprint/29496/ Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan myse Saadiah, Mohamad Nur Amirah, Borhan Study and teaching. Research Finance, Islamic To be true to the spirit of Islamic finance, embodied in the principles of maqasid al-shariah, developments in Islamic finance should contribute towards promoting social inclusion and reducing poverty. However, Islamic finance is criticised for the minimal social impact that it has created and its contribution towards promoting social sustainability. Thus, this paper aims to develop a comparative analysis of literature on the meaning, conceptualization and measurement models of social impact. Then, the paper uses maqasid al-shariah as a theoretical framework to conceptualise social impact and to propose a set of parametersthat can be used to measure the social impact of IFIs Universiti Teknologi MARA, Perak 2017 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29496/1/29496.pdf Saadiah, Mohamad and Nur Amirah, Borhan (2017) Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan. (2017) Malaysian Journal of Sustainable Environment (MySE) <https://ir.uitm.edu.my/view/publication/Malaysian_Journal_of_Sustainable_Environment_=28MySE=29.html>, 3 (2). pp. 81-103. ISSN 0128-326X http://www.myse.my/ |
| spellingShingle | Study and teaching. Research Finance, Islamic Saadiah, Mohamad Nur Amirah, Borhan Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan |
| title | Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan |
| title_full | Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan |
| title_fullStr | Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan |
| title_full_unstemmed | Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan |
| title_short | Islamic finance and social sustainability : parameters for developing a model for social impact measurement / Saadiah Mohamad and Nur Amirah Borhan |
| title_sort | islamic finance and social sustainability : parameters for developing a model for social impact measurement / saadiah mohamad and nur amirah borhan |
| topic | Study and teaching. Research Finance, Islamic |
| url | https://ir.uitm.edu.my/id/eprint/29496/ https://ir.uitm.edu.my/id/eprint/29496/ |