New Journal On Islamic Finance And Sustainable Development Launched By IsDBI And INCEIF University

The Islamic Development Bank Institute (IsDBI) and the International Centre for Education in Islamic Finance (INCEIF University) announced the rebranding of the ISRA International Journal of Islamic Finance to the International Journal of Islamic Finance and Sustainable Development (IJIFSD). This change marks a significant step in merging Islamic finance principles with global sustainability goals.

With its new name, IJIFSD has broadened its focus from solely Islamic economics and finance to also include sustainable development. The journal aims to become a leading platform for innovative research at the intersection of these fields. It will now cover topics such as green finance, impact investing, and financial inclusion.

Dr. Sami Al-Suwailem, Acting Director General of IsDBI, highlighted that this collaboration with INCEIF University underscores their dedication to promoting research that has real-world impacts. He stated: "This collaboration with INCEIF University reflects our commitment to fostering innovative research for real-world impact with the vision of shaping the future of ethical finance and contributing to sustainable economic development across the Islamic world and beyond."

Dr. Mohd Azmi Omar, President and CEO of INCEIF University, emphasized that the journal will help bridge the gap between academic insights and practical implementation. He said it would nurture thought leaders who can lead the convergence of Islamic finance principles with sustainable development practices. This effort aims to contribute to a more equitable and prosperous world.

The rebranded journal will serve as a platform for scholars, policymakers, regulators, and practitioners to share their insights. It will highlight practical solutions for sustainable infrastructure development and showcase how Islamic finance can create shared prosperity.

The publication's expansion into sustainable development is seen as a major advancement in integrating ethical finance with broader global goals. By doing so, it hopes to address emerging trends and provide valuable contributions to both fields.

This initiative by IsDBI and INCEIF University reflects their vision of shaping ethical finance's future while contributing significantly to sustainable economic development worldwide.

The rebranding signifies a commitment to addressing contemporary issues through scholarly research and practical applications. It aims to foster an environment where innovative ideas can thrive, ultimately benefiting communities globally.

With inputs from SPA