Islamic Banking Sustainability: A Review of Literature and Directions for Future Research

Sirajo Aliyu, M. Kabir Hassan, Rosylin Mohd Yusof and Nasri Naiimi

Emerging Markets Finance and Trade, 2017, vol. 53, issue 2, 440-470

Abstract: This study reviews literature on the Islamic banking sustainability and presents directions for future research. The article discourses scholars’ and practitioners’ views on the two perspectives of sustainability in relation to the objectives of Islamic banking and finance. That there are limited studies on Islamic banking sustainability is one of the major issues presented in the article. The study highlights essential issues on the sustainability without in-depth empirical analysis. The needs for long-term economic, social, and environmental sustainability are not a compromising issue. Therefore, Islamic banks must strike a balance between the institutional, societal, and environmental sustainability in order to achieve the objective of Sharia.

Date: 2017
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DOI: 10.1080/1540496X.2016.1262761

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