Affiliation:
1. NSB Academy, India
2. GLA University, India
3. University of Technology and Applied Sciences, Salalah, Oman
Abstract
Islamic Finance is one of the legitimate fields of investment these days. A mechanism which adopts ethical practices and sustainable growth altogether is what Islamic Finance is. The last several years have seen a notable rise in the Islamic finance sector due to growing consumer interest in ethical banking and financial services. Experts in this field claim that as the market grows, the industry is making an effort to incorporate ESG factors into future planning and projections. In an attempt to create a more equitable and sustainable future, non-financial principles known as environmental, social, and governance, or ESG, are being progressively integrated into financial operations.