Maghreb-based IFIs Should Leverage Fintech to Achieve UN SDGs: IsDBI and Al Maali Group Report 

The impacts of COVID-19 have contributed to countries in the Maghreb region not meeting the expected levels of the United Nations’ Sustainable Development Goals (UN SDGs), in addition to exacerbating the already weak state of the countries in question. COVID-19 has also highlighted the need for Islamic financial institutions (IFIs) to leverage fintech via the integration of social, environmental and economic development into their business models.

Why it Matters?

The integration of sustainability models into the strategies of IFIs would be a crucial factor in aiding the mitigation of the impact of the crisis and building more resilient economies and societies. IFIs have the required leverage to play key roles in reconciling finance and sustainab...