Financing afforestation in the organization of Islamic cooperation countries : what role for Islamic economics and finance ?

Other Title(s)

تمويل استزراع الغابات في دول منظمة التعاون الإسلامي : ما دور الاقتصاد و التمويل الإسلامي ؟

Author

Abd Allah, Shafi Ibrahim

Source

Journal of King Abdulaziz University : Islamic Economics

Issue

Vol. 32, Issue 2 (31 Jul. 2019), pp.161-177, 17 p.

Publisher

King Abdulaziz University Scientific Publishing Center

Publication Date

2019-07-31

Country of Publication

Saudi Arabia

No. of Pages

17

Main Topic

Economy
Religion
Islamic Studies

Topics

Abstract EN

This paper looks at environmental conservation within the growing understanding of the urgent need to confront the two menaces of desertification and deforestation through afforestation schemes in the Organization of Islamic Cooperation (OIC) member countries.

Deforestation is one of the main contributors to global greenhouse gas emissions, ecosystem degradation, and from there the rising cases of poverty in the developing world.

Their impacts on the economy and environment of OIC member countries has been devastating.

Desertification and deforestation are caused by human activities like logging, harmful farming practices, as well as haphazard cutting of trees in order to make way for city buildings and farms.

The paper shows that poor handling of past responses to desertification problems can be solved with the right approaches.

It first looks at existing approaches to the problem and causes of their failure.

Then, it proposes an alternative model based on fiqh teachings and recent developments in Islamic economics and finance.

The paper syntheses conventional and Islamic approaches towards solving the problems of desertification, deforestation, and rising temperatures in the OIC countries.

It delineates specific functions and contributions of each one of (a) the Islamic state, (b) the institution of waqf, (c) Islamic finance, and (d) the Islamic firm

American Psychological Association (APA)

Abd Allah, Shafi Ibrahim. 2019. Financing afforestation in the organization of Islamic cooperation countries : what role for Islamic economics and finance ?. Journal of King Abdulaziz University : Islamic Economics،Vol. 32, no. 2, pp.161-177.
https://search.emarefa.net/detail/BIM-888369

Modern Language Association (MLA)

Abd Allah, Shafi Ibrahim. Financing afforestation in the organization of Islamic cooperation countries : what role for Islamic economics and finance ?. Journal of King Abdulaziz University : Islamic Economics Vol. 32, no. 2 (Jul. 2019), pp.161-177.
https://search.emarefa.net/detail/BIM-888369

American Medical Association (AMA)

Abd Allah, Shafi Ibrahim. Financing afforestation in the organization of Islamic cooperation countries : what role for Islamic economics and finance ?. Journal of King Abdulaziz University : Islamic Economics. 2019. Vol. 32, no. 2, pp.161-177.
https://search.emarefa.net/detail/BIM-888369

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 174-176

Record ID

BIM-888369