UN Live United Nations Web TV - Innovative Financing for SDGs: The Role of Islamic Finance
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Innovative Financing for SDGs: The Role of Islamic Finance
23 Apr 2018 -  Panel discussion for the 2018 ECOSOC Forum on Financing for Development co-hosted by Indonesia, Bangladesh, UNDP, and the Islamic Development Bank.
Event objectives:
Raise awareness on how Islamic finance can be leveraged for financing for the SDGs.
Reflect on how Islamic finance principles of equity participation and risk-sharing can enhance long-term funding for development, and share recent country experiences; Suggest how the use of “Zakat” and “Awqaf” can provide a solution to the challenges of extreme poverty and income disparity (shared prosperity);
Best experiences and lessons learned from examples of Islamic finance supporting the implementation of SDGs.
Formulate policy recommendations to enable member states to meet their long-term funding needs for SDGs.
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