Structural Mechanisms for Islamic Ethical Wealth for SDGs

Shariq Nisar () and Umar Farooq
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Shariq Nisar: Rizvi Institute of Management Studies and Research
Umar Farooq: Rizvi Institute of Management Studies and Research

Chapter Chapter 8 in Islamic Wealth and the SDGs, 2021, pp 155-174 from Springer

Abstract: Abstract The United Nations Agenda 2030 for Sustainable Development provides a blueprint for peace and prosperity for the people and planet through 17 goals. The fundamentals of the teachings of Islam lay down guiding principles for human beings on matters concerning the welfare of all living beings along with respecting the ecology. The teachings of Islam through Qur’an and Sunnah of the Prophet Muhammad (ﷺ) provide mechanisms for an ethical and just society, the very objectives the SDGs aim to achieve. In this paper, we attempt to understand how the teachings of Islam concerning the creation and distribution of wealth can be the foundations for a mechanism for ethical wealth to attain the SDGs and a sustainable future for the people and planet.

Keywords: SDG; Shari’ah objectives; Islamic finance; Ethical finance; Ethical Wealth Management (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-65313-2_8

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DOI: 10.1007/978-3-030-65313-2_8

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