scholarly journals The Role of Islamic Finance in Achieving Sustainable Development in Libyan Institutions

2021 ◽  
Vol 1 (4) ◽  
pp. 93-110
Author(s):  
Fatima Nesmane
Keyword(s):  
Sustainable Development ◽  
Financial Institutions ◽  
Social Economic ◽  
Research Problem ◽  
Social Stability ◽  
The Social ◽  
The Status ◽  
Islamic Financial Institutions ◽  
Environmental Level

This paper aims to study Islamic financing formulas in terms of their impact on achieving sustainable development, and alerting points of influence and distinction, and the research problem lies in revealing the status of Islamic financial institutions. Achieving sustainable development, and Islamic financing formulas are important and related to the dimensions of sustainable development. If used optimally, it achieves sustainable development, and Islamic financing formulas directly affect aspects of sustainable development by providing social stability, economic advancement, and commercial movement, and they also contribute to environmental development because they do not allow transactions that lead to damage and waste of resources. The study descriptive analytical approach and the study concluded that Islamic financial institutions should diversify their products so that Islamic financing formulas achieve their goal in contributing to the development of all aspects of sustainable development, whether on the social, economic or environmental level and not limited to one product without the other.

scholarly journals FRAMING THE SOCIAL RESPONSIBILITY ROLE OF ISLAMIC FINANCIAL INSTITUTIONS WITHIN A THREE-SECTOR ECONOMIC MODEL

2019 ◽  
Vol 7 (1) ◽  
pp. 180-188
Author(s):  
Mohd Nizam Barom
Keyword(s):  
Social Responsibility ◽  
Social Welfare ◽  
Financial Institutions ◽  
Economic Model ◽  
Third Sector ◽  
Welfare Provision ◽  
Integrative Framework ◽  
The Social ◽  
Islamic Financial Institutions

Purpose: This paper examines and reflects the ongoing debate on the social responsibility role of Islamic financial institutions (IFIs) in the light of the literature in the area of third sector and three-sector economic model. Subsequently, it seeks to develop a framework that can be used to conceptualise the potential interaction between the different sectors in the economy in relation to social welfare issues and locate the social responsibility role of IFIs within this framework.    Methodology: The paper uses an integrative analysis of Islamic finance and third sector literature, particularly on the American and European conceptions of the interactions between the three main sectors in the economy, i.e. public, private and ‘third’ sectors. Results: The paper develops a modified circular flow of income and expenditure model as a basis for the integrative framework for social welfare provision within a three-sector economic model. Subsequently, it locates the social responsibility role of IFIs within this framework with the understanding that social welfare burden is a collective responsibility and therefore shared among the various potential welfare providers in the economy.  Implications: The integrative framework of social welfare provision within a three-sector economic model as conceptualised in this paper highlights a multi-institutional approach towards promoting socio-economic justice and society's well-being in an Islamic economy, and hence provides a proper and reasonable context for social responsibility roles expected of IFIs.

INFLUENCE OF IMMOVABLE CULTURAL HERITAGE ON SUSTAINABLE DEVELOPMENT OF RURAL SETTLEMENTS

2007 ◽  
Vol 31 (4) ◽  
pp. 213-224
Author(s):  
Indrė Gražulevičiūtė-Vileniškė ◽  
Vilma Karvelytė-Balbierienė
Keyword(s):  
Sustainable Development ◽  
Cultural Heritage ◽  
Rural Areas ◽  
Social Economic ◽  
Economic Viability ◽  
Rural Settlements ◽  
Settlement System ◽  
Large Cities ◽  
The Social

Rural areas cover the largest part of the territory of Lithuania as well as that of the whole Europe. Rural settlements are also the most abundant category in the settlement system of the country. Therefore, their social, economic, and cultural viability- as well as ecologic sustainability playan important role striving towards the goals of sustainable development. During the last years projects promoting various aspects of sustainability are implemented not only in large cities and towns, but also in smaller municipalities, nevertheless many rural settlements still are not influenced by these trends. The tendency of decrease of the population of the country, emigration, migration of young and qualified persons to larger cities and towns, poverty and unemployment cause the threat to the most fragile elements of the rural settlement system, such as steadings, manor residencies and ethnographic village settlements. In order to stop these processes it is necessary to search for means to sustain the social and economic viability of rural settlements. During the last decade significant role of cultural heritage in implementing strategies of sustainable development was universally recognized. It is acknowledged that sustainable preservation, maintenance, and use of cultural heritage, especially immovable, positively influence the social, economic, cultural and even environmental dimensions of sustainable development. Sustainable development opportunities provided by immovable cultural heritage are essential for small rural settlements which are not distinguished by important natural resources or favorable location. In this instance social and cultural viability is as much essential for preservation of immovable cultural heritage of these settlements, as immovable cultural heritage is essential for sustention of their social and economic viability. Nekilnojamojo kultūros paveldo įtaka darniam kaimo gyvenamųjų vietovių vystymuisi Santrauka Didžiąją Lietuvos, kaip ir visos Europos, teritorijos dalį sudaro kaimo vietovės, o didžiąją dalį gyvenamųjų vietovių – kaimo gyvenamosios vietovės, taigi jų socialinis, eko nominis ir kultūrinis gyvybingumas bei eko loginis tvarumas atlieka lemiamą vaidmenį siekiant šalies darnaus vystymosi tikslų. Pastaraisiais metais darnų vystymąsi skatinantys projektai jau įgyvendinami ne tik didžiuosiuose Lietuvos miestuose, bet ir mažesnėse savivaldybėse, tačiau daugelio kaimo gyvenamųjų vietovių šis procesas kol kas nepaliečia. Bendro šalies gyventojų skaičiaus mažėjimo tendencija, emigracija, jaunų ir kvalifikuo tų žmonių migracija į didžiuosius šalies miestus, skurdas ir nedarbo grėsmė kelia sunykimo grėsmę patiems jautriausiems ir kultūriniu požiūriu vertingiausiems šalies kaimo gyvenamųjų vietovių sistemos elementams, tokiems kaip vienkieminės sodybos, buvusių dvarų ir palivarkų sodybos ar etnografinės kaimų gyvenvietės. Siekiant sustabdyti šiuos neigiamus socialinius, eko nominius bei kultūriniu procesus, būtina ieškoti būdų, kaip užtikrinti kaimo gyvenamųjų vietovių socialinį bei eko nominį gyvybingumą. Pastaraisiais metais pasaulyje vis aiškiau suvokiamas kultūros paveldo vaidmuo darnaus vystymosi kontekste. Visuotinai pripažįstama, jog kultūros paveldo, ypač nekilnojamojo, apsauga, priežiūra bei naudojimas turi teigiamos įtakos darniam vystymuisi socialinėje, eko nominėje, kultūrinėje ir kt. dimensijose. Nekilnojamojo kultūros paveldo teikiamos darnaus vystymosi galimybės itin reikšmingos nedidelėms, išskirtinių gamtinių išteklių neturinčioms bei patogia geografine padėtimi nepasižyminčioms kaimo gyvenamosioms vietovėms. Jų socialinis ir eko nominis gyvybingumas kultūros paveldui išsaugoti yra toks pats svarbus, kaip ir kultūros paveldas socialinio ir eko nominio šių gyvenamųjų vietovių gyvybingumo palaikymu.

scholarly journals EDUCATIONAL SPHERE AS AN IMPORTANT FACTOR OF INNOVATIVE SUSTAINABLE DEVELOPMENT

2021 ◽  
Vol 3 (2) ◽  
Author(s):  
Олена Василівна Гаращук ◽  
Віра Іванівна Куценко
Keyword(s):  
Sustainable Development ◽  
Social Stability ◽  
Special Importance ◽  
Infrastructure Development ◽  
Social Infrastructure ◽  
Public Consumption ◽  
The Social ◽  
Environmental Goals ◽  
Transformation Processes

Relevant theoretical and methodological, methodical, and practical issues of the role of education in ensuring sustainable development and achieving social stability under the transformation processes in Ukraine and the world are considered. It seems essential, as nowadays there are many new threats in our country, which require the identification of factors that may affect them, and primarily in terms of mitigation. In this regard, studying the problems associated with identifying and disclosing the factors that positively and negatively affect the growth of social stability and sustainable development, in particular factors of social and production, innovation and technological, natural and technogenic character under the deep transformation processes, is carried out. Among the factors that characterize and determine a socially stable environment, the factors of the population size, the level of urbanization, and the state of the industrial and social infrastructure development are of great importance. At the same time, the interaction of various factors plays an important role. Their dynamism, efficiency, and harmonization facilitate this. This should be the goal of state policy to achieve interaction between the processes of public consumption and the restoration of natural resources at a harmonious balance of economic, social, and environmental goals and needs, ensuring the overcome of both external and internal threats. In achieving sustainable development, special importance belongs to the educational sphere, which is an important factor in ensuring social stability. At the same time, special attention in the context of the educational sphere as a factor exerting a critical influence is paid to innovative technologies, human and other types of capital. Within the framework of studying various aspects of the educational sphere, practical approaches to the development of the social policy directed on the successful decision of modern problems of development of civilization are also considered.

scholarly journals A fenntartható fejlődés elvei és azok érvényre jutása a banki gyakorlatban II. rész (The principles of sustainable development and their realization in the banking practice II. part)

2012 ◽  
pp. 57-63
Author(s):  
Éva Pintér ◽  
Nikolett Deutsch
Keyword(s):  
Sustainable Development ◽  
Financial Institutions ◽  
Relevant Literature ◽  
Project Financing ◽  
Internal Factor ◽  
Social Risks ◽  
The Social ◽  
Wide Range ◽  
Sustainable Finance

Az utóbbi évtizedben a környezettudatos gazdálkodás szerepének felértékelődése új tevékenységi területet nyitott meg a bankok előtt, amit nemzetközi szóhasználattal élve green banking-nek neveznek. A fenntartható fejlődést támogató projektek banki finanszírozása számos lehetőséget nyit a pénzügyi intézmények számára – hírnév, új ügyfélbázis, kockázatcsökkentés, jövedelmezőség növelése –, amennyiben a bankok a fenntarthatóság elveit megfelelően integrálják működési stratégiájukba. A cikksorozat második részében a szerzők a bankok fenntartható működését támogató külső és belső motiváló tényezőit veszik vizsgálat alá, amelyet már nemzetközi elvek és megállapodások is szabályoznak és támogatnak. Kiemelt fontosságot tulajdonítanak a környezettudatos gazdálkodás banki stratégiába történő integrálásának, melynek alapjait teremthetik meg a cikkben vizsgált nemzetközi irányelvek. ________ In the last decade, a lot of publications came to light, dealing with the social and environmental responsibility of financial institutions. Banks are expected to improve their competitive advantage by demonstrating economic development, while promoting environment care and social responsibility. This sustainable finance means to manage environmental and social risks in corporate lending and project financing. Green financial institutions have developed a wide range of innovations that can support sustainable development. This article highlights a few external and internal factor that support this aim, and which are regulated by international principles. However the authors’ survey shows that in the relevant literature there are a lot of ways to define sustainability and its achievement. They suggest that all of them can be interpreted associated with green banking operation. The goal of this paper is to identify the role of financial institutions in achieving sustainable development, and stress its strategic importance. The authors also attempt to show, why and how can this sector become the promoter of sustainability.

scholarly journals Role of higher education in the sustainability of water resources: an assessment of institutions in India

Water Policy ◽  
2020 ◽  
Vol 22 (2) ◽  
pp. 276-292
Author(s):  
Arun Kansal ◽  
G. Venkatesh
Keyword(s):  
Higher Education ◽  
Water Resources ◽  
Social Economic ◽  
Faculty Members ◽  
The Social ◽  
Educational Programmes ◽  
The Status ◽  
And Gender ◽  
Good Number

Abstract The motivation behind this paper is to understand the status of water resources management education provided in higher education institutions (HEIs) in India and decipher gaps between what is taught and what is needed in the field. The assessment has been carried out based on the information available on the respective websites of the HEIs using keywords. The authors have also reached out to faculty members and final-year students in universities/HEIs in India. There are a good number of HEIs in India, which offer educational programmes in water-related subjects, though their distribution is skewed and there seems to be a clear bias in favour of the technological aspects of water. Relatively fewer HEIs engage themselves in social, economic and gender-related issues. It is imperative to popularise research in the social, economic and regulatory aspects of water management. Not all HEIs have provided information about the areas of research they engage in, on their websites. Further, a limited number of faculty members and students have responded to the questionnaires. The preparedness of any country in addressing its current challenges can be gauged from the incorporation and subsequent entrenchment of these roles into the fabric of HEIs. This article can be looked upon as reference documents which will go a long way to enabling the identification of synergies, interlinkages and collaboration opportunities to find solutions for a plethora of challenges.

scholarly journals The role of the central bank in achieving sustainable development in fragile states - Iraq as a model

2020 ◽  
pp. 390-415
Author(s):  
عصام قاسم الحسيني
Keyword(s):  
Sustainable Development ◽  
Central Bank ◽  
Social Economic ◽  
Inductive Method ◽  
Fragile States ◽  
Successful Management ◽  
Environmental Situation ◽  
The Social ◽  
Fragile Environment

The research aims to describe and discuss the social, economic, and environmental situation of Iraq, in preparation for proposing the requirements for embarking on sustainable development in a fragile environment, and the role of the Central Bank in that. For the purpose of achieving the aim of the research, the researcher developed three hypotheses (dichotomy of proof and proof), namely: • Iraq does not have the basic ingredients for development. • The fragile situation of the Iraqi state does not hinder the adoption of sustainable development measures. • The Central Bank of Iraq does not play an important role in creating and developing sustainable development endeavours. For the purpose of proving or refuting the research hypothesis, the researcher used the inductive method, in presenting and studying reality, analyzing and interpreting phenomena, then building general conclusions that start from the particles of the studied reality. After applying that, the researcher concluded: Iraq possesses the elements of development, and the state's fragility hinders the initiation of development, but not to the degree that makes it impossible! It is possible if there is unified will and successful management, and the research also concluded that the central bank plays an important role in bringing about development, and one of the manifestations of that role is the "trillion initiative" that was highlighted in the research. The research was concluded with a set of recommendations that the research found important.

scholarly journals Intersubjective aspects of the social communication process in Plekhanov's Marxist analysis

2020 ◽  
pp. 552-559
Author(s):  
Vera A. Zhilina ◽  
◽  
Denis V. Granin ◽  
Keyword(s):  
Social Relations ◽  
Communication Process ◽  
Methodological Principle ◽  
Social Stability ◽  
Social Analysis ◽  
Leading Role ◽  
The Social ◽  
Marxist Analysis ◽  
The Status

The article deals with the correlation of transformations of social processes and their reflection in the social theory of philosophy. Comparative analysis of the classical form of Marxism and the concept of G.V. Plekhanov as a representative of ‘Russian’ Marxism reveals differences in the interpretation of the main methodological principle — the principle of materialistic understanding of history. According to the research hypothesis, there are existential characteristics found in G.V. Plekhanov’s Marxism in the interpretation of the essence of social subject. The paper reveals the intersubjective nature of social subject, which is considered in the concept of G.V. Plekhanov as the main driving force in history. It is shown that «Russian» Marxism is always demarcated from the position of economic determinism. In this context, an attempt is made to minimize the risk of social analysis losing its effectiveness in the existing philosophical directions of thought. The paper proves the leading role of the principle of materialistic understanding of history in modern social analysis. The analysis of modern social relations allows us to note high relevance of studying the essence of social subject. The author emphasizes the contradictory nature of human inclusion in society, which, in the context of the difficult geopolitical situation in the world and globalization of communication flows, acquires the status of a problem of individual peoples’ culture security. In this context, the importance of analyzing the existential characteristics of social subject is noted. The main characteristics of the productive forces of society as a source of social stability are formulated in order to minimize the risk of massization of social subject. The research results can be applied both in the subsequent analysis of the specifics of Russian philosophical thought and in the theoretical consideration of the social relations dynamics and the logic of history.

scholarly journals PRINCIPAL APPROACHES TO ENSURING ECONOMIC HOMEOSTASIS FROM THE POSITION OF SUSTAINABLE FINANCE

2021 ◽  
pp. 34-42
Author(s):  
Igor Bystryakov ◽  
Dmytro Klynovyi
Keyword(s):  
Sustainable Development ◽  
Economic System ◽  
Social Economic ◽  
Specific System ◽  
Basic Principles ◽  
Self Sufficiency ◽  
The Social ◽  
Sustainable Finance

The purpose of the article is to outline the basic principles of achieving economic homeostasis and determination of the basic principles of homeostasis of economic systems from the standpoint of the concept of sustainable finance. It was found that the determining factor for the sustainability of the economic system is to ensure both its system-wide homeostasis and homeostasis in each of the subsystems in social, economic and environmental dimensions, which can be realized through a specific system of sustainable finance. It is determined that three factors should play an important role in the system of sustainable finance: building feedback mechanisms between the economic system and the environment and within its elements; creation of financial reserves and construction of channels of their direction on the needs of sustainable development; strengthening the links between finance and the real sector of production. The concept of systemic homeostasis is considered in the context of sustainable development management as a balanced state of dynamic self-sustaining balance in the development of socio-ecological and economic entities, which are considered as living systems of organized complexity. The focus is on proactive forms of homeostasis management, the essence of which, in contrast to reactive forms, is to respond to changes in the interaction of the system with its environment actively and purposefully. Financial dominance is considered as a separate fundamental functional component of the sustainable management system, the role of which is to ensure effective distribution relations between the social, economic and environmental components of the economy, and within each of them through appropriate institutions, mechanisms and tools. Principles of the dominant approach, functionality, vertical and horizontal integration feedback and self-sufficiency are proposed on the basis of the paradigmatic concept of sustainable finance. It is shown that their use will allow to build an internally stable financial component, which is capable to provide homeostasis in the socio-ecological and economic system and the rate of sustainable development at 3–4 % of annual economic growth.

scholarly journals Education For Sustainable Development

2013 ◽  
Vol 2 (4) ◽  
pp. 227 ◽  
Author(s):  
Engjellushe Engjellushe
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
Natural Resources ◽  
Correct Answer ◽  
Social Economic ◽  
Human Behaviors ◽  
The Social ◽  
The World ◽  
Definition Of

The practical definition of sustainable development remains "balance between the social,economic and natural resources”. To builda system for sustainable development inprogress is very difficult; it should be noted that to talk about the three elements at thesame time. Finding balance, adds more difficult, because, "the preservation of theecosystem", includes in itself, human capital,making peoples an integral part of theecosystem that we are trying to save. Mostly, sustainable development requires major andradical changes, in particular to human behaviors and habits, connected to nature and theeconomy. The aim of this article is to identify the role of education in sustainabledevelopment. The development of education inthe context of sustainable development,promotes the correct answer of science, but a way of engaging with different perspectiveson the world we live in, and share together every moment of our lives.

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