The Islamic Finance Council UK Announces Latest Guidance Note for IFIs Reporting to UN PRB

The Islamic Finance Council UK (UKIFC) has recently announced the latest Guidance Note for Islamic Finance Institutions reporting under the UN Principles for Responsible Banking (UN PRB). The UN PRB is a unique framework comprising six fundamental principles (Alignment, Impact & Target Setting, Clients & Customers, Stakeholders, Governance & Culture, and Transparency & Accountability). The UN PRB was created to ensure that the strategies and practices of signatory banks align with the vision as outlined in the Sustainable Development Goals (SDGs) and the Paris Climate Agreement. The latest Guidance Notes announced by UKIFC was launched as part of 26th UN Climate Change Conference of the Parties (COP26) in partnership with the Global Ethical Finance Initiative.  ...