When economic policy is guided solely by GDP, these ethical imperatives may be undermined. For example, a country may pursue industrial expansion that increases GDP but harms public health, violating hifz al nafs. Liberalization of entertainment sectors may boost GDP but erode moral and family values, violating hifz al din and hifz al nasl. Financial expansion through interest-based lending may raise GDP but undermine fairness and risk sharing, violating hifz al mal.
Halal ESG shaped by Tawhidic epistemology is not merely an alternative model; it is a civilizational intervention—calling for harmony between the sacred and the temporal, between environmental responsibility and metaphysical awareness, between economic development and divine accountability. It is this synthesis—rooted in Tawhid, driven by Ummatic consciousness, and aspiring toward Ummatic excellence—that will enable halal industries to become ethical vanguards in a fractured world.
Authors argue that Turkiye lacks the efficiency, proper planning, and adequate law related to e-waste management. The legal regulations related to WEEE management are stale and undeveloped while recycling in Turkiye is underdeveloped.
Financing is crucial for achieving the Sustainable Development Goals (SDGs) because it enables countries to invest in the infrastructure, programs, and services necessary to achieve the goals. Without sufficient financing, countries may struggle to make progress towards the SDGs. The United Nations estimates that achieving the SDGs will require an additional $2.5 trillion in annual investment until 2030. Due to misaligned incentives, both public and private actors still invest in brown activities and have not yet fully aligned their decision-making and financing with the SDGs.
This report is intended to be a guide for policymakers, governments, industry, and international organizations, providing knowledge, insights, and actionable steps that can be taken toward a less wasteful world. It does not offer a blueprint nor a single route to the goal, since every country will have its own contextual, socioeconomic, and cultural preferences and priorities.
SZABIST University organized second international conference on the theme of dealing with disruption and sustainability through innovation and empowered change.
SZABIST University hosted second international conference at Marriott Hotel Karachi on the theme of Sustainability and Innovation.
Islamic Economics Project 