Islamic Finance and Sustainable Development: Beyond the SDGs A Critical Analysis
Organized by the Private Sector Development Research Network
Hosted by the Islamic Corporation for the Development of the Private Sector (ICD), Member of the Islamic Development Bank (IsDB) Group
Moderated by Dr Mohammed Alyami, General Manager Development Effectiveness Office, ICD
Wednesday, 18th of June 2025 from 9-10am EST /4-5pm Riyadh
ABOUT THE SEMINAR
The seminar examines how Islamic financial principles (such as prohibition of interest and emphasis on ethical investment) align with or could enhance sustainable development beyond the UN’s Sustainable Development Goals framework. It offers a critical perspective on integrating faith-based economic approaches with global sustainability challenges, exploring tensions between Islamic values and conventional development metrics while proposing alternative paradigms for measuring progress.
ABOUT THE SPEAKER
Muhammad Al-Bashir Muhammad Al-Amine
Advisor to the CEO on Shariah Matters, CEO Executive Office, ICD
Dr. Al-Bashir is currently an advisor to ICD’s CEO on Shariah matters. He was formerly the Group Head of Shariah Compliance of Alkhair Holding (formerly known as Bank Alkhair BSC). Prior to joining Alkhair Holding in 2005, Al-Bashir was the Head of Product Development and Shariah Compliance at the International Islamic Financial Market (IIFM). He was also a part-time lecturer at IE University, Spain, the Faculty of Laws International Islamic University Malaysia; Ibn Sina Institute of Technology (Malaysia); the Matriculation Center International Islamic University (Malaysia), the Bahrain Institute of Banking and Finance; the Kingdom University (Bahrain); and The Open University of Malaysia in Bahrain.
Dr. Al-Bashir is the author of Sukuk and Islamic Securitization Markets: Financial Engineering and Product Development (Brill,2012); Risk Management in Islamic Finance: An Islamic Analysis of Derivatives Instruments in Commodity Markets (Brill, 2008), Istisna (Manufacturing Contract) in Islamic Banking and Finance Law and Practice (A.S. Noordeen, 2001 & 2006) and Islamic Finance and Africa’s Economic Resurgence: Promoting Diverse and Localized Investment (Palgrave Macmillan, 2016). He has also contributed a number of articles published in international journals.