Convergence between Socially Responsible Investment and Islamic Finance

Socially Responsible Investment (SRI) and Islamic finance are both categories of investment concepts which largely unknown, they have many things in common: they rely on extra-financial criteria, and considered as attractive areas for development. This paper provides some clues on the complementarity of their mechanisms and how, the religious foundations of Islamic finance comparably to other ethical finance in countries where Christianism is the dominant religion, and the possibility of extension of Islamic finance in those countries. We begin by recalling what fundamental religious SRI and Islamic finance before describing their possible common mechanisms and all latest offers of financial products that converge for the first time the two concepts.