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Why Islamic finance could provide an ethical model for funding the green transition

By Abdul Wase Samim, PhD Candidate, Aston University

In recent years, green finance has become a key policy in developed countries. The term refers to the loans and investments that fund the transition to a low-carbon economy. But one of the main challenges in this area is the gap between environmental claims and realities – so-called “greenwashing”.

Because of this, alternative finance models that emphasise a direct link between capital and actual economic activities…

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