The Role of Islamic Finance Instruments in Promoting Ethical Investment and Global Financial Inclusion

Posted: Mar 17, 2023

• James Young
• John Jones
• John Williams

Abstract

The global financial landscape has witnessed increasing interest in ethical investment practices and financial inclusion initiatives in recent decades. Islamic finance, with its foundation in Shariah principles, offers a distinctive approach to financial intermediation that emphasizes risk-sharing, asset-backing, and ethical considerations. This research paper investigates the unique role of Islamic finance instruments in promoting both ethical investment standards and global financial inclusion objectives. The convergence of computational finance methodologies with Islamic financial principles presents an innovative framework for analyzing financial systems that prioritize social welfare alongside economic returns.