SGPD 2019 - a deal-maker for Islamic banking? [Newspaper] (2023)
Abstract
BANK Negara Malaysia (BNM) issued the Shariah Governance Policy Documents (SGPD) in 2019 that could bring Islamic banking to a new level playing field in the environmental, social and governance (ESG) sphere today. As many banks are committed to ESG values, Islamic banks in Malaysia are doing the same under the value-based intermediation (VBI) concept promoted by BNM.Either way, banks are expected to address issues associated to people, planet and profits in a profound way, so as to achieve balance. More importantly, the social (S) thrust of ESG expects Islamic banks to promote ethical and responsible financing by addressing issues of public interest.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Shariah governance, Shariah advisory council, VBI (Value-Based Intermediation), BBRS (Business and Risk Strategies) |
| Taxonomy: | By Niche > Islamic Banking > Banks and Banking > Finance By Niche > Islamic Banking > Banks and Banking > Government Policy By Niche > Islamic Banking > Banks and Banking > Religious Aspects |
| Local Content Hub: | Niche > Islamic Banking |
| Depositing User: | Ilya Nur Fateen Othman |
| Date Deposited: | 27 Oct 2023 09:25 |
| Last Modified: | 27 Oct 2023 09:25 |
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