Media Releases
RFI Foundation signs MOU to support responsible finance growth in Indonesia
Recognizing the immense potential for growth of sustainable and Islamic finance in Indonesia under the recently announced Sharia Economy Masterplan and Indonesia Halal Economy and Strategy Roadmap 2018/19, the RFI Foundation and Indonesia Halal Lifestyle Center (IHLC) signed a Memorandum of Understanding (MOU) that will pave the way for future collaboration.
New RFI Foundation report outlines way forward in defining impact-focused collaboration between Ethical finance and Islamic finance
An authoritative report was released today at the IFSB Summit in Jakarta, Indonesia by the Chairperson of the RFI Foundation’s Council of Advisors, Tan Sri Dr. Zeti Akhtar Aziz, during a session moderated by the RFI’s CEO, Blake Goud. The report investigates similarities between Ethical and Islamic finance and provides recommendations to build upon the shared principles which link the two forms of responsible finance.
Luxembourg roundtable explores delivering impact through responsible finance
As the responsible finance market grows, SMEs and startups are able to focus on the impact they create. In doing so, they can contribute more impact proportional to their size, and align it with the UN Sustainable Development Goals (SDGs). Participants in a responsible finance roundtable organised by the RFI Foundation, hosted by Luxembourg for Finance and sponsored by DDCAP Group held on Wednesday discussed practical approaches they are taking.
Islamic banking leaders explore the role of responsible and sustainable finance in reshaping value creation
The RFI Foundation and Dubai Islamic Economy Development Centre (DIEDC) organized a half-day roundtable event on responsible and sustainable finance, hosted by Bank Negara Malaysia. The high level participants discussed and shared experiences in adopting responsible finance best practices.
RFI Foundation endorses the global Principles for Responsible Banking
The RFI Foundation has endorsed the Principles for Responsible Banking – a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and United Nations Environment’s Finance Initiative. The Principles for Responsible Banking set out the banking industry’s role and responsibility in shaping a sustainable future and in aligning the banking sector with the objectives of the UN Sustainable Development Goals and the 2015 Paris Climate Agreement. They also, importantly, enable banks to embed sustainability across all business areas, and to identity where they have the potential to make the most impact in their contributions to a sustainable world.
RFI Foundation releases a “Responsible Finance Champion” case study and podcast about CIMB Islamic Bank
The RFI Foundation is excited to announce the release of an in-depth case study of one of our member financial institutions, CIMB Islamic Bank (“CIMB Islamic”), which has adopted responsible finance practices in a systematic way. The case study and companion podcast is designed to show that it is possible for an Islamic bank to integrate responsible finance practices into its operations and strategy and to generate wide stakeholder buy-in based on a fundamental business rationale.
Leading institutions came together to show how sustainable, responsible and Islamic finance can deliver a legacy of massive impact
The Responsible Finance & Investment (RFI) Foundation and Swiss Arab Network concluded the fourth RFI Summit 2019 last week. The Summit, held over two days, saw discussions centered around how to create A New SRI combining Sustainable, Responsible and Islamic Finance. During the RFI Summit opening keynote address, H.R.H. Princess Sarah Zeid of Jordan delivered a call to action for the financial sector: “I challenge you to come together and initiate a sustainable, responsible and Islamic approach to address the seismic challenges facing humanitarian settings globally. Let us commit, act and reconvene next year with progress and solutions.”
RFI Summit 2019 opening keynote will highlight critical social dimensions and the role for business in achieving sustainable development
The Responsible Finance & Investment Foundation and Swiss Arab Network are honoured to announce a keynote address by H.R.H. Princess Sarah Zeid, a global advocate for women’s, newborn, child and adolescent health and wellbeing in humanitarian and fragile settings at the RFI Summit 2019. The RFI Summit 2019, which will be held at Abu Dhabi Global Market on 29 April 2019, will discuss a roadmap for creating “A New SRI,” at the intersection of sustainable, responsible & Islamic finance.
