IslamicFinance.de

Finance can be highly disruptive and destructive, but it can also be an immeasurably powerful tool for good, according to Bertrand Badre, Managing Director and World Bank Group CFO. Flow of capital into emerging markets and developing economies for infrastructure increases the availability of basic services, resulting in increased access to water, electricity and sanitation, more hospitals, schools and roads and stimulation of entrepreneurship, trade and prosperity. Many countries are investing in financial inclusion strategies. Religion permeates almost every facet of development and faith organizations play an instrumental role in combatting poverty as service providers, change agents and advocates. Partnering with faith-based groups will allow us to combine technical approaches with the motivating power of hope.