Murabaha and Network for Greening the Financial System: Difference between pages

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''Islamic finance''.
''Green finance - international initiatives.''


Murabaha is a sharia-compliant financing arrangement under which a bank buys an asset and sells it on to the customer at an agreed mark-up.  The customer, who could not otherwise afford to buy the asset, pays in instalments.
(NGFS).


Abbreviation for the Network of Central Banks and Supervisors for greening the Financial System, established in 2017.


Murabaha is sometimes known as 'cost plus financing'.


The NGFS is established to:
*Help strengthen the global response required to meet the goals of the Paris Agreement.
*Enhance the role of the financial system to manage risks and to mobilise capital for green and low-carbon investments in the broader context of environmentally sustainable development.
*Define and promote best practices to be implemented within and outside of the membership of the NGFS.
*Conduct or commission analytical work on green finance.




== See also ==
== See also ==
* [[Islamic finance]]
* [[Central bank]]
* [[Sukuk]]
* [[Climate risk]]
* [[ESG investment]]
* [[Global Sustainable Investment Alliance]]
* [[Governance]]
* [[Green finance]]
* [[Paris Agreement]]
* [[Supervisor]]
* [[Sustainable finance]]
* [[Sustainability]]
* [[Sustainability bond]]
* [[Sustainability linked loan]]
 
[[Category:The_business_context]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]

Revision as of 15:15, 9 September 2020

Green finance - international initiatives.

(NGFS).

Abbreviation for the Network of Central Banks and Supervisors for greening the Financial System, established in 2017.


The NGFS is established to:

  • Help strengthen the global response required to meet the goals of the Paris Agreement.
  • Enhance the role of the financial system to manage risks and to mobilise capital for green and low-carbon investments in the broader context of environmentally sustainable development.
  • Define and promote best practices to be implemented within and outside of the membership of the NGFS.
  • Conduct or commission analytical work on green finance.


See also