Green islamic banking capabilities inpromoting sustainable development
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Date
2022
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Abstract
Green Banking combines banking business, environment and economic growth that leads to sustainable development without negative environmental impacts. Green Banking supports digital transformation and environmental risk management through environmentally friendly best practices such as e-banking in operational activities, waste management, energy & water savings, paper consumption, renewable energy, efficiency energy, ecotourism, green building, green infrastructure and sustainable agriculture. Therefore, the adoption of this type of banking in Islamic banks will increase the provision of banking and financing services that takes into account environmental, social and development factors, and it will expand the circle of awareness by preserving the environment and promotes the trend towards energy saving, fuel, paper and water and improves the quality of human life, and this is what we reached from studying the experience of Islamic banks in Bangladesh and Indonesia and to a lesser extent in the United Arab Emirates
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Green islamic banking, Promoting, Sustainable Development