What kind of convergence are we heading for in Responsible Financial Markets?

What kind of convergence are we heading for in Responsible Financial Markets?

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Within the Islamic Finance sector, there has been talk of how through collaboration we could see convergence between this and more mainstream responsible investing. Many initiatives have outlined the strategies and purposes behind this move and as such, many positives have come out of it. In my travels over this time, there has been much talk about the benefit of investing in a responsibly sustainable manner for the long term whilst maintaining the distinctiveness of Islamic Finance.

However, the word convergence, in a biological sense, does trouble me somewhat. Its true definition relates to the tendency of unrelated parties evolving superficially similar characteristics under similar environmental conditions. Is this truly where we want to be heading?

If we were to see...