As the syariah authority on Islamic finance in Malaysia, the SAC has the vital role of ensuring that we stay true to the spiritual and moral ideals of an Islamic approach to trade and finance. For, ladies and gentlemen, I believe we must acknowledge that Islamic finance is not currently being utilised to its full potential. We might even suggest that the ideals of Islamic finance are not yet being fully realised in practice. The UN SDGs, I contend, exist as both a challenge and a unique opportunity for Islamic finance; for, I believe, it is in pursuit of these global goals that Islamic finance has the greatest role to play. I think it is quite remarkable that the SDGs demonstrate, absolutely, the ongoing relevance and importance of Islamic finance today.

Source: New Strait Times December 14, 2017 02:03 UTC