The Integration of Islamic Social Finance Towards Accelerating Economic Development in Malaysia

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Qualitative analysis finds Islamic social finance instruments enhance economic development in Malaysia, suggesting alignment with national policies.

The integrated framework of islamic social finance aims to foster economic development in Malaysia.
Instruments such as zakāt and waqf are essential in supporting vulnerable populations and enhancing quality of life.
A qualitative thematic analysis of literature supports the framework's potential to align with sustainable development goals.
The collaboration between governmental and financial institutions is crucial for building a prosperous society.

Nur Farhah Mahadi (2025) studied this question.

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Qualitative analysis finds Islamic social finance instruments enhance economic development in Malaysia, suggesting alignment with national policies.