Integration Of Social Responsibility In Financial Communities

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Presented at the 9th Harvard University Forum on Islamic Finance, Austin Hall, 27-28 March 2010 with my visionary friend and colleague, Rafi-uddin Shikoh, addressing how financial communities can integrate social responsibility into their activities utilising the illustration of Islamic finance, with it\'s well defined moral parameters and guidelines, that lay a foundation for sustainable integration of these concepts in arguably one of the most socially irresponsible sectors of the economy.

Published in: Business, Economy & Finance
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  • 2 min Engine for socio-economic growth: job creation, small business growth, investments in healthcare, food services, housing, education, etc. Role in addressing unprecedented level of global challenges: climate change, food shortage, water shortage, and global energy needs Wall-Street led global financial crisis: millions of job losses, foreclosures, and bankruptcies driving families and individuals into deep social crises. Our Discussion: Given chronic global social challenges and the impact financial communities can have, addressing effective social responsibility integration becomes critical. We focus on Islamic Financial Institutions--but also look at other global CSR practices.
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