Convergence between Socially Responsi-ble Investment and Islamic Finance

DOI

10.2991/icibet.2013.242How to use a DOI?

Abstract

Socially Responsible Investment (SRI) and Islamic finance are both categories of investment concepts which largely un-known, they have many things in com-mon: they rely on extra-financial criteria, and considered as attractive areas for de-velopment. This paper provides some clues on the complementarity of their mechanisms and how, the religious foundations of Islamic finance comparably to other ethical finance in countries where Christianism is the dominant religion, and the possibility of extension of Islamic finance in those countries. We begin by recalling what fundamental religious SRI and Islamic finance before describing their possible common mechanisms and all latest offers of financial products that converge for the first time the two concepts.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - El-Mehdi BARCA
PY  - 2013/03
DA  - 2013/03
TI  - Convergence between Socially Responsi-ble Investment and Islamic Finance
BT  - Proceedings of the 2013 International Conference on Information, Business and Education Technology (ICIBET 2013)
PB  - Atlantis Press
SP  - 1107
EP  - 1110
SN  - 1951-6851
UR  - https://doi.org/10.2991/icibet.2013.242
DO  - 10.2991/icibet.2013.242
ID  - BARCA2013/03
ER  -