Overview
- Offers a comprehensive understanding of the merits of responsible financing for sustainability and international development
- Bridges the gap between academic work and real-life experience? by the inclusion of case studies
- Argues that when it comes to sustainable development, Islamic finance has the tools to intervene for maximum impact
Part of the book series: Palgrave Studies in Islamic Banking, Finance, and Economics (IBFE)
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Table of contents (10 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Most books on Islamic finance and development issues are written from an academic perspective. Although academic reflection is key for future direction, dissatisfaction with previous development efforts, as evidenced by their lack of sustainability, suggests the need for a different type of review. Development work is complex and requires a detailed and transparent approach in order to ensure a cogent resolution for potential long-term issues. Each intervention area requires specific elaboration for meaningful impact. The perfect solution for one sector might be detrimental for another.
Islamic finance, with its strict Riba restrictions, rules, and other checks and balances, is a good fit for infrastructure development in pursuit of sustainable development. When it comes to sustainable development, this book argues, Islamic finance has the tools to intervene for maximum impact. However, the issue of sustainability is not only related to Islamic finance; more policy discourse is needed. This requires guidance from the principles of Islamic economics, as well. This book discusses infrastructure development vis-à-vis sustainable development, drawn from decades of real-life development banking experience, and proposes impactful intervention methods based on wisdom from Islamic economics and finance.Authors and Affiliations
About the authors
Ahmet Suayb Gundogdu is the Senior Technical Specialist for Director General of Global Practices and Chief Economist at the Islamic Development Bank where he has been employed since 2008. Before joining the bank, he was pursuing his PhD in Economics at Virginia Tech, USA. He holds a BA in International Trade from Bogazici University and an MA in International Development from the International University of Japan. He completed his PhD in Islamic Finance at Durham University, UK.
Bibliographic Information
Book Title: Sustainable Development and Infrastructure
Book Subtitle: An Islamic Finance Perspective
Authors: Amadou Thierno Diallo, Ahmet Suayb Gundogdu
Series Title: Palgrave Studies in Islamic Banking, Finance, and Economics
DOI: https://doi.org/10.1007/978-3-030-67094-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-67093-1Published: 09 February 2021
Softcover ISBN: 978-3-030-67096-2Published: 10 February 2022
eBook ISBN: 978-3-030-67094-8Published: 08 February 2021
Series ISSN: 2662-5121
Series E-ISSN: 2662-513X
Edition Number: 1
Number of Pages: XVII, 220
Number of Illustrations: 1 b/w illustrations, 1 illustrations in colour
Topics: Development Economics, Islam