1. Common Language Development: Foster the development of a common language within the context of faith-aligned investments to enhance communication and understanding among stakeholders.
  2. Awareness and Capacity Building: Raise awareness and promote the capacity of faith-aligned investments, emphasising their role in contributing to sustainable development.
  3. Innovative Islamic Finance Instruments: Develop innovative and alternative Islamic finance instruments, focusing on the multiplication of developed instruments, such as Sukuk, to attract diverse investors.
  4. Harmonisation of Terminology: Facilitate the harmonisation of participation banking, Islamic finance, and Sustainable Development Goals (SDG) terminology to create a unified and comprehensible framework.
  5. Private Sector Capital Engagement: Encourage private sector capital to contribute to the financing of SDGs actively, fostering a collaborative approach between faith-aligned investors and impact investors.
  6. Identification of Good Practices: Identify and disseminate good practices aligning faith-aligned investments and impact investment areas to facilitate knowledge sharing and learning.
  7. Revealing Potential: Uncover the untapped potential by aligning faith-aligned investment strategies with impact investment areas, emphasising the positive social and environmental outcomes.

Key Partners:

  1. Policymakers: Collaborate with government officials and policymakers to align the working group’s initiatives with Turkey’s strategic priorities and policies.
  2. Private Sector Organisations: Engage with private sector entities to leverage their resources and expertise in promoting and implementing faith-aligned and impact investments.
  3. Regulatory and Supervisory Authority: Work closely with regulatory bodies to ensure that the initiatives align with financial regulations and standards, fostering a supportive regulatory environment.
  4. Financial Institutions: Partner with financial institutions to explore innovative Islamic finance instruments and develop strategies to attract diverse investors.
  5. Local and International Development Organisations: Collaborate with development organisations to leverage their expertise, networks, and resources in advancing the working group’s objectives.
  6. Reporting Organisations: Engage reporting organisations to facilitate transparent and effective communication of the working group’s progress, outcomes, and good practices.


  1. Conduct Workshops and Seminars: Organise workshops and seminars to develop a common language, enhance awareness, and build capacity among stakeholders.
  2. Research and Development: Undertake research to identify innovative Islamic finance instruments and contribute to developing strategies for multiplying these instruments, such as Sukuk.
  3. Policy Advocacy: Engage in advocacy efforts to harmonise terminology and create a supportive policy environment for aligning faith-aligned and impact investments.
  4. Public-Private Dialogues: Facilitate dialogues between private sector entities and policymakers to encourage collaboration and mobilise private sector capital for SDG financing.
  5. Case Studies and Publications: Produce case studies and publications highlighting good practices, successful models, and potential impact areas resulting from aligning faith-aligned and impact investments.
  6. Networking Events: Organise networking events to foster collaboration among working group members and other stakeholders, promoting knowledge exchange and partnership building.

By fostering collaboration among policymakers, private sector organisations, regulatory bodies, financial institutions, and development organisations, the working group aims to unlock the potential of aligning faith-aligned investments with impact investments, contributing significantly to sustainable development goals in Turkey and beyond.