Similar to Impact Investing, Sharia based investments are values driven and focused on delivering financial return alongside social impact. The development of both industries offers opportunity for convergence and broadening the scope of Impact Investing into the Islamic space, while offering Sharia driven investors opportunities to tap additional dual bottom line products. The presentation will examine points for convergence as well as highlight some of the challenges. Kavilash Chawla, Managing Director, Nur Global Strategies , USA

1. Impact Investing and Islamic Finance
Opportunities for Convergence
Kavilash Chawla, Partner, Bâton Global
TBLI CONFERENCE @BOOTH/KELLOGG
23 January 2015

2. Islamic Finance Industry Snapshot

3. Islamic Finance Industry: US$2trillion
Banking Assets
80%
Sukuk Outstanding
15%
Islamic Fund Assets
4%
Takaful Contributions
1%
BREAKDOWN OF ISLAMIC FINANCIAL ASSETS
Source: Economist, IFSB 2013 Stability Report

4. Islamic Finance: Geographic Scope
Systemic
Importance
Potential Systemic
Importance over Mid-term Given
Current Growth
Minimal Systemic
Importance
Islamic Finance Markets by Systemic Significance
Source: IFSB 2013 Stability Report

5. Islamic Finance: AUM
Growth in AUM and Islamic Funds
Source: IFSB 2013 Stability Report

6. Opportunities and Challenges
for Convergence

7. Process & Operationalization

8. Delivering Impact
STAKEHOLDER OUTCOME IMPLICATIONS
SUPPLIERS Profit enhancement and customer base expansion
CONSUMERS Additional product choice
INDUSTRY
Expansion of potential consumer base to include
conventional impact investment capital
STATE Alignment to economic development priorities
CIVIL SOCIETY
Alignment and delivery of social value/welfare value
proposition
UMMAH
Alignment to the Maqasid-al-Sharia in the deployment of
investment capital

9. Investment Motivation

10. Contact Information
Kavilash Chawla
Partner, Bâton Global
Email: kavi@batonglobal.com