Islamic finance in Europe (136)

Continuation

All of this is fundamentally in line with the values behind Islamic finance.

Islamic finance seeks:

-      to promote activities that are beneficial to the planet;

-      and to remove those that may prove harmful.

Both:

-      Islamic investment

-      and SRI (socially responsible investment)

make use of:

-      positive

-      and negative

screening, filtering securities by evaluating both:

-      qualitative

-      and quantitative

factors.

From the research paper of European Central Bank

(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho, B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)