Book review : “Winners Take All: The Elite Charade of Changing the World” by Anand Giridharadas

When I decided to read Anand Giridharadas’s book “Winners Take All: The Elite Charade of Changing the World” I was looking for answers to my questions on changing the world through business. I finally ended up with even more questions! I read the book a second time, the list of questions kept getting longer, and … Continue reading Book review : “Winners Take All: The Elite Charade of Changing the World” by Anand Giridharadas

Book review: Humankind a Hopeful History by Rutger Bregman

After the success of his first bestseller Utopia for Realists, Dutch historian Rutger Bregman has just published his second book “Humankind: a hopeful history”. The main idea in a nutshell The book's main thesis goes as follows: “Most people, deep down, are pretty decent” and if we want the best from people, we need to … Continue reading Book review: Humankind a Hopeful History by Rutger Bregman

Waqf and Zakat: Missing opportunities in Maghreb countries

Despite the region’s economic potential, Maghreb countries have been struggling during the last decades with socio-economic issues including poverty, unemployment and raising inequalities. It seems clear that achieving sustainable goals with a “business as usual scenario” is very unlikely especially that COVID-19 pandemic worsened economic indicators and limited governments’ leeway for   economic recovery plans. Hence, … Continue reading Waqf and Zakat: Missing opportunities in Maghreb countries

Capital & Ideology (Thomas Picketty) : Book review

About the book : French economist Thomas Piketty published Capital and Ideology in French (September 2019) and then in English (March 2020). The book is somewhat an updated and enriched version of Picketty’s great success, Capital in the Twenty-First Century (2013), which focused on wealth and income inequality only in Europe and the United States. After … Continue reading Capital & Ideology (Thomas Picketty) : Book review

Good Economics for Hard Times : Book review

The book was first published in November 12, 2019. The authors, Abhijit Banerjee and Esther Duflo, were jointly awarded the Nobel Prize in economics in 2019 (Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel). In the book, Abhijit Banerjee and Esther Duflo address controversial topics such as immigration, trade, economic growth, technological disruption, universal basic and … Continue reading Good Economics for Hard Times : Book review

Covid-19: It is time for Impact finance to act now!

Sustainable development is more than ever relevant The Covid-19 challenges are not only sanitary but also economic. The crisis has already plunged the world’s economy into a recession with negatives consequences on jobs and social stability. Low-income countries, particularly, face tremendous pressure to deal with the externalities of this crisis. In such a context, sustainable … Continue reading Covid-19: It is time for Impact finance to act now!

Green financing : Turkey’s first Sukuk issuance

On 3 June 2020, Zorlu Energy made history by becoming the first green Sukuk issuer in Turkey. Zorlu Energy, a subsidiary of Zorlu Holding, operates in electricity generation, electricity and gas distribution, wholesale and trade in the energy sector. More specifically, the company has projects in sustainable infrastructure, clean transportation and renewable energy. The green … Continue reading Green financing : Turkey’s first Sukuk issuance

Covid-19: What implications for the future of the banking sector?

Source : Velvet Chainsaw With a large part of the world in forced confinement, the damage from the COVID crisis19 is mainly economic. This unprecedented situation has forced us to review several paradigms including the integration of technology in our daily life. It is true that before this crisis we had already entered the era … Continue reading Covid-19: What implications for the future of the banking sector?

Six takeaways from the event « Impact investing for SDGs: A new chapter for participative finance »

Al Akhdar Bank and The Islamic Corporation for the Development of the Private Sector (ICD) in partnership with UNDP Istanbul International Center for Private Sector in Development and Al Maali organized a conference and a series of master classes on « Impact investing for the Sustainable Development Goals (SDGs): A new chapter for participative Finance … Continue reading Six takeaways from the event « Impact investing for SDGs: A new chapter for participative finance »

Ideas for Action 2019 : Financing and Implementing Sustainable Development

Source : World Bank The Ideas for Action competition is an initiative in which young people submit their proposals for implementing SDGs. The attached report presents the 2019 winner projects that were selected from more than 3,000 proposals, which included over 21,000 participants from 142 countries. The six winning (and mind blowing) ideas are: Fetosense … Continue reading Ideas for Action 2019 : Financing and Implementing Sustainable Development