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Islamic Finance for the Sustainable Development Goals
Explore the foundations and principles of Islamic finance from the perspective of sustainable development.
Did you know that the financing gap in developing countries to achieve the Sustainable Development Goals by 2030 could increase by 70% in the wake of the COVID-19 pandemic? Are you interested in the role of Islamic finance in building a sustainable future? Do you want to learn about the foundations and principles of Islamic finance from the perspective of the Sustainable Development Goals? Are you a development professional engaging with Islamic finance institutions? An Islamic finance professional willing to acquire an in-depth understanding of financing sustainable development? Do you want to be a part of this alliance for a better world by channeling Islamic finance resources for the Sustainable Development Goals?
After a course session ends, it will be archived.
Islamic Development Bank (IsDB), IsDB Science, Technology and Innovation (STI) Fund – Engage Platform, Islamic Development Bank Institute (IsDBI), Durham University Business School, UNDP Istanbul International Center for Private Sector in Development (IICPSD), and the United Nations Development Programme (UNDP) are pleased to provide this free Massive Open Online Course (MOOC) on “Islamic Finance for the Sustainable Development Goals.”
Positioning Islamic finance as broadly relevant to Sustainable Development Goals and not only a niche proposition, this course is the first of its kind designed for capacity building in order to engage development professionals and Islamic finance partners for leveraging this vital source for financing sustainable development.
From the resemblance of Islamic finance principles to the objectives outlined by the Sustainable Development Goals, to the potential of Islamic microfinance in socioeconomic empowerment; this course brings theory and practice together with the authoring and video lecturing contributions of 27 leading subject matter experts.
A certificate of completion only indicates the completion of the course. It does not imply proficiency in the subject matter, nor should it be seen as a professional certification.
The views expressed in this course are those of the instructors and do not necessarily represent those of the United Nations, including UNDP, or the UN Member States.
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Understand the 2030 Agenda for Sustainable Development
Define the financing mechanisms for sustainable development and the Sustainable Development Goals
Acquire extended awareness and comfortable communication in Islamic finance, as well as enhanced understanding of Islamic finance principles and the requirements of Islamic finance partners
Build effective dialogue and partnerships within the global development community and Islamic finance stakeholders
Outline which program design and policy requirements may be needed to engage with Islamic finance
Identify projects and develop policies related to the Sustainable Development Goals that accommodate requirements pertaining to Islamic finance
Develop blended finance solutions combining Islamic social and commercial finance instruments with technology and innovation
Explore how Islamic finance instruments and institutions can be utilized to support the Sustainable Development Goals through real-world case studies
Module 1 Introduction
Module 2 The Sustainable Development Goals and the Role of Islamic Finance
Module 3 Modes and Institutions of Islamic Finance
Module 4 Impact Investing and Islamic Finance
Module 5 Perspectives for Multilateral Organizations in Engaging with Islamic Finance