In the first week of September, employees of the Saudi-based petrochemical company Petro Rabigh took part in a two-day sustainability …
The first reporting standard created specifically to enable Islamic organizations to assess and express the values that guide their organizations with sincerity and humility.
The IRI provides Islamic organizations the ability to share best practices in addressing both opportunities and risks as well as participate in collective advocacy.
The IRI is a repository of organizational sustainability data and a consulting resource, designed to build education and innovation capacity for executives of Islamic organizations, both directly and indirectly.
The IRI can enable and support the development of Islamic indices, investment strategies, ETFs and funds that drive investment capital to companies that exhibit social responsibility and sustainability.
The noble Quran contains a message not only concerning human life in itself, but also the world of nature and our responsibility towards it. It orders Muslims to live in harmony not only among themselves but also with the rest of God’s creation. On the basis of its teachings Muslims created a civilization that over the centuries was in balance with what we now call the natural environment. Colonialism and certain weakness in the practice of Islamic teachings relating to the care of His creation caused most Muslim countries to become impervious to their duties towards the natural environment as a result of which some of the most polluted cities, towns, and rivers in the world are now to be found in the Islamic world.
The efforts of the Islamic Reporting Initiative are, therefore, to be highly commended and supported as a religion duty by all Muslims who are aware of the seriousness of the environmental crisis. May the efforts of the Islamic Reporting Initiative and other organizations with similar aims succeed by God’s grace and the efforts of dedicated Muslim men and women. Our future depends on this spiritual jihād carried out with God’s succor in this holy effort.
wa’l-Llāhu a’lamProf. Seyyed Hossein Nasr, University Professor of Islamic Studies, George Washington University
Open public reporting is essential if business is to build and maintain societal trust. It is a key part of the commitment to the principles of the UN Global Compact. So I commend the ambitions of the Islamic Reporting Initiative; by seeking to emphasize and build on our shared values for human and environmental prosperity, the IRI will accelerate progression towards the objectives outlined in the UN Sustainable Development Goals by leveraging business potential.
Sir Mark Moody-Stuart, Chairman of the UN Global Compact Foundation
The IRI combines a deeply convincing vision with practical effectiveness. It deserves warm support and collaboration not only from Muslims but also from anyone else who cares for a sustainable economy in a healthily plural world.Professor David F. Ford OBE, Emeritus Regius Professor of Divinity, Selwyn College, University of Cambridge
Islam has outlined certain fundamental principles that are in line with human rights, among others protection of life (hifz al-nafs); protection of religion (hifz al-dîn); preservation of lineage (hifz al-nasl); protection of property rights (hifz al-mâl); and protection of the mind (hifz al-aql). These principles are also stipulated in international bills of human rights, namely the Universal Declaration of Human Rights; the International Covenant on Civil and Political Rights, and the International Covenant on Economic, Social and Cultural Rights.Marzuki Darusman, Chair of FIHRRST, Association For International Human Rights Reporting Standards
The OIC is dedicated to preserving and promoting Islamic values of peace, equality, human dignity, and environmental prosperity. The IRI, in its journey towards making business responsible through the application of CSR and CSR reporting, has many values aligned with our own.
The OIC commends the IRI in its efforts in promoting economic, social and environmental prosperity in a manner that is not only impact-oriented and sustainable, but culturally relevant and responsive
Organisation of Islamic Cooperation (OIC) – the collective voice of the Muslim world
To me, the IRI presents an exciting solution; aspiring to be a starting point and platform for change, the IRI’s intelligent combination of cultural values and technological advancement is the future of CR and CSR reporting.
In a nutshell, I wish I had had this tool years ago.Dr Faisal Al-Hothali, Former Head of the CR Program, The World Bank