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Date: 21 February 2018

This event, which included a line-up of scholars, industry experts and academics, addressed the topic, "How Ethical is Islamic Finance."

Key take-aways from the event include:

  • Development of retail products to give all ethical investors opportunity for value-based choices. 
  • Any tool which turns land into desert has to be wrong - Islamic finance and sustainability must be ethically aligned. 
  • ESG and SRI are closer to Islamic principles than Islamic banking. 
  • Credit risk on its own does not entitle you to take a profit - you must take commercial risk. 
  • Millennials are driving the financial services market and they demand transparency. 
  • Development of a UK SME Islamic-compliant fund, based on a FinTech platform, can help recover lost momentum. 
  • 50% plus of the existing global poor are Muslims and FinTech is the only way to address this problem.

A detailed overview of the workshop and key take-aways can be downloaded here.

Find more items tagged as: Financial Services, Islamic Finance
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