Integrating Islamic Development Instruments into Financial Markets under Social Responsibility

Abstract

Islamic instruments are a legitimate alternative to conventional securities, especially debt securities. They have gained a great deal of popularity in terms of both requirements and investment alternatives in comparison to other investment alternatives. In terms of mobilizing financial savings in the development process, it is necessary to focus on the integration of Islamic development instruments into the international financial markets in order to achieve additional activity that will positively affect all parties involved in these markets. This paper aims to highlight the need to integrate Islamic development instruments in financial markets under social responsibility. The study concluded that the need to integrate Islamic instruments for development within the framework of social responsibility has a significant impact on the activation of financial markets.