Faith-based mutual funds have recently become a growing corner of the mutual fund industry. Morality and ethics are thought to exert an influence on investors’ decisions in this segment, although their...
The halal economy (HE) plays an important role in Malaysia’s economic growth, contributing 7.5 percent to the Gross Domestic Product (GDP) as of 2020. Under the Twelfth Malaysia Plan, 2021-2025 (12MP)...
The halal economy (HE) plays an important role in Malaysia’s economic growth, contributing 7.5 percent to the Gross Domestic Product (GDP) as of 2020. Under the Twelfth Malaysia Plan, 2021-2025 (12MP)...
Islamic trade finance (ITF) offers a meaningful opportunity for Malaysia. ITF can play a substantial role to support trade, foster growth, and accelerate post-pandemic recovery. In addition to its impact...
Without a doubt, FY21 has been an exceptional year for our Malaysia Hub program and for countries around the world as they grappled with suppressing a pernicious corona virus and navigating its profound...
Islamic finance is a fast-booming segment of global finance. Serving a core population of 1.8 billion Muslims world-wide and a wider global ethical finance audience, its role is growing in global significance...
Many emerging markets and developing economies (EMDEs) face challenges in developing a vibrant domestic bond market. Only a few have developed such markets to a level of full maturity as Malaysia has...
The main purpose of this report is to explore the role Islamic finance has played in furthering financial inclusion in Malaysia, with a view to drawing key lessons of experience. Given Malaysia’s success...
In December 2019, the Malaysian government represented by the Ministry of Finance and Bank Negara Malaysia, and the World Bank Group formally signed an agreement to extend the work of the World Bank Group...
Low utilization of household credit in developing countries may be partially due to religious considerations. In a randomized marketing experiment in Jordan, this paper estimates the effect of sharia-compliant...
Ratings of Innovative Access to Finance Project for Turkey were as follows: outcome was satisfactory, Bank performance was satisfactory, and monitoring and evaluation quality was substantial. Some of the...
Waqf is a potent tool for mobilizing resources to meet societal needs by the self-sustaining contributions of private donors rather than by governmental borrowing or spending of tax money. Despite their...
Islamic finance can be a catalyst for growth of green developments globally. Investors in Europe, Americas, Africa and Asia are witnessing the effects of non-sustainable investments on assets and portfolios...
The green sukuk (green Islamic bond) is a new climate finance instrument that has the potential to channel the US dollar 2 trillion Islamic finance market toward funding of green and sustainable investment...
The climate change challenge and the growth of the Islamic finance industry, together with the increase in socially responsible investing, could position green sukuk as a key instrument for financing clean...