Why Islamic Finance And Impact Investing Should Join Forces

The Islamic finance sector is growing, and as the global community responds to the COVID-19 pandemic, key stakeholders are working together to address the challenges. Islamic finance will continue to grow over the next decade across asset classes and markets, creating a unique window of opportunity to align components of its investments with the UN SDGs. Impact investing and Islamic finance are complementary and compatible. The UAE and the GCC overall are key hubs for Islamic finance. Further awareness is needed to make Islamic finance leaders and GCC governments to align in this movement, and to continue to consider how they can most effectively capitalize on impact investing to generate positive returns whilst making the ongoing positive impact on society.