SUSTAINABLE DEVELOPMENT AND ISLAMIC ECONOMICS PARADIGMS COMPARED

Authors

  • Ezzedine Ghlamallah Centre d'Études et de Recherche en Gestion d'Aix-Marseille (CERGAM)

DOI:

https://doi.org/10.53840/ijiefer121

Keywords:

Sustainable Development, Islamic Economics, Environmental Management, Ethics, SDG

Abstract

The article, in three parts, compares the divergences and convergences between the paradigms of sustainable development and Islamic economics. The first part of this article deals with the sustainable development paradigm. This paradigm is analysed through its three-dimensional definition and the United Nations' Sustainable Development Goals. The second part characterizes the Islamic economics paradigm: Islamic economics is defined through a multidimensional approach and its objectives are outlined. The third section compares the two paradigms, revealing their divergence and convergence. The comparison shows that there is considerable conceptual convergence between these two paradigms and that their definitions and objectives converge insofar as they share the same universal ambition of achieving human well-being. These convergences can be observed in their theoretical models, dimensions, and values. They also share certain limitations, results, failures, and paradoxes.

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Author Biography

Ezzedine Ghlamallah, Centre d'Études et de Recherche en Gestion d'Aix-Marseille (CERGAM)

Ezzedine GHLAMALLAH is a researcher and entrepreneur, cofounder of SAAFI, an insurance brokerage and financial advisory firm specializing in the conception and distribution of Takaful and Islamic finance solutions.

He designs Takaful and Islamic finance solutions in the European market and advises firms and organizations wishing to structure Takaful or Islamic finance projects in Africa.

He has conducted strategic feasibility studies for banks and insurance companies to implement Family Takaful in France and North Africa.

He graduated from The University of Law and Political Sciences of Strasbourg, where he earned his Executive MBA in Islamic Finance, and obtained a Master in Finance, Accounting, Tax system, and Wealth Management from The University of Aix-Marseille, he is also an alumnus of the National School of Insurance of Paris, graduated in Banking, Finance, and Insurance.

Today, with the support of the Islamic Development Bank, he is doing his Ph.D. at Aix-Marseille University. His current research are focusing on sustainable development, sustainable finance, RSI, CSR, Islamic economics, Islamic finance, and Takaful.

He regularly publishes articles in many specialized professional journals; he is the co-author of the Encyclopedia of Islamic Insurance, Takaful and Retakaful, and the author of Islam & Éthique des Affaires Économiques et Financières.

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Published

2023-12-18

How to Cite

Ghlamallah, E. (2023). SUSTAINABLE DEVELOPMENT AND ISLAMIC ECONOMICS PARADIGMS COMPARED. International Journal of Islamic Economics and Finance Research, 6(2 December), 84-98. https://doi.org/10.53840/ijiefer121