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The Mechanisms of Attracting Investment in Islam and International Law Considering Contemporary Global Challenges
Author(s):
1. Wael Mahmoud Hasballa: Faculty of Law, Arab Open University
2. Mohammed Saif AlHashmi: Faculty of Law, Arab Open University
Abstract:
The study highlights the critical role of foreign investment in addressing global challenges such as resource scarcity and limited government financial capacity. With the state’s role as a producer diminishing due to economic constraints, partnerships with the private sector and foreign investors have become essential. To ensure investor confidence, a combination of international mechanisms and Islamic principles is necessary, requiring effective implementation and adherence by all stakeholders. The study emphasizes the importance of understanding mechanisms adopted by international organizations to promote investment and their alignment with sustainable development goals. It concludes that a stable legal environment plays a pivotal role in attracting foreign investment. Additionally, leveraging international organizations and specialized financial agencies can maximize benefits and foster favorable outcomes. Coordinating global efforts to create an attractive climate for investors is essential for encouraging cross-border investments. This approach can bridge economic gaps and provide long-term solutions to pressing global economic challenges.
Page(s): 207-217
Published: Journal: Pakistan Journal of Life and Social Sciences, Volume: 23, Issue: 2, Year: 2025
Keywords:
Investment Sustainable Development Islam International Organization
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