This article examines whether the ethical/moral claims of Islamic Finance should converge with the common principles of Impact Investing and Social Venture Capitalism to achieve measurable ethical outcomes. This article seeks to demonstrate a convergence between social venture capital and Islamic venture capital as both utilize equity investments and attempt to intentionally invest in ventures to seek a positive social outcome. Further research should explore how the Islamic Finance industry can address the lack of ethical outcomes in investments by implementing the rigorous measurement methodologies of investment currently utilized by impact investment, which has been incorporated into social venture capitalism.
Ahktar Ismail Mohammed, "Islamic Venture Capitalism: Lessons to Learn from Social Venture Capitalism," Journal of Markets & Morality 25, no. 2 (2022): 339-351