Adopting Green Finance Ratio in Evaluating Islamic Banks Performance as Index for achieving Sharia Maqasid

Yasser Saleh Ali Almonifi


The main objective of Islamic banking is to avoid dealing with Ribaand applying Islamic Sharia’s Maqasid in all financial transactions.The study proposes green finance index which is measurable and applicable as one of performance ratios in Islamic banks based on disclosure of green financings and investments in their key financial statements, and adopting the proposed index for achieving Sharia Maqasid.

Keywords: Sharia’s Maqasid, Islamic banks, Green Finance index, Sustainability, Disclosure.

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