ABSTRACT

This chapter discusses Islamic finance and how it can contribute to sustainability. We do not make a strong divide between Islamic finance and what Islam teaches about the world and how to sustain it. Islamic finance can be considered as a framework for a type of banking and insurance that meets certain criteria that may be helpful in promoting sustainability. However, to strengthen the bond between Islamic finance and sustainability, Social Responsible Investment (SRI) could be a useful reference rather than focusing on conventional banking and finance and how to emulate them.