Islamic Social Finance

This book addresses the growing significance of Islamic social finance as an alternative and sustainable financing approach in the world. With a focus on Malaysia, a global leader in Islamic banking and finance, the topics covered fills the gap in the extant research by providing in-depth coverage of the legal framework surrounding Islamic social finance. Written with students, researchers, and policymakers in mind, it explores the unique features and principles of Islamic social finance, which aims to achieve social objectives alongside financial returns. By examining real-life case studies and digital examples, readers will gain valuable insights into the practical application of Islamic social finance principles. Each chapter concludes with self-review questions, allowing students to assess their understanding and consolidate their knowledge. This book serves as a valuable resource for academics, researchers, and practitioners seeking to explore and implement Islamic social finance principles. With its comprehensive coverage and practical insights, it will will play a crucial role in promoting the understanding and adoption of Islamic social finance for sustainable development.

Chapter 1. Introduction - Islamic social finance from the Quran and Sunnah. - Chapter 2. Legal, Regulatory and Shariah Governance Framework for Islamic Social Finance in Selected Jurisdictions. - Chapter 3. Sadaqah and zakat. - Chapter 4. Waqf. - Chapter 5. Microfinance. - Chapter 6. Social sukuk. - Chapter 7. Social takaful. - Chapter 8. Contemporary Issues and Challenges in Islamic Social Finance