NOTE: The back issues from April of Shared Risk & Reward have been added under the “Newsletters” menu, including the new look for the newsletters starting with the issue emailed on April 29.
About Us
SharingRisk.org works to promote ethical forms of finance based on the sharing of risks and reward. Currently the most common form of ethical finance is Islamic finance, derived from the Qur’an and Sunna. Islam’s prohibition of riba (interest), gharar (contractual uncertainty) and maysir (gambling) provide the impetus for an innovative type of financial transactions based on the sharing of risk and reward and the recognition that finance was created to promote real economic activity.
Ethical finance appears most commonly in the West in the context of screening investments for social responsibility and corporate social responsibility. Socially responsible investing (SRI) uses ethical screens to avoid investing in companies that are involved in socially harmful industries and companies whose actions are seen as unethical (e.g., the use of child labor, complicity in human rights violations, involvement in corruption, degredation of the environment).
Our Mission
To provide information and analysis of ethical and Islamic finance, with a specific interest in microfinance and the interaction between Islamic finance and other ethically-based financial systems.
What we do
- The SharingRisk.org blog has provided description and analysis of current events in Islamic finance since 2006. In 2009, Blake Goud began writing a blog at Zawya.com. He sends out posts along with additional commentary in a weekly email newsletter. To subscribe, either sign up on the blog
- SharingRisk.org founder Blake Goud covered the Americas for The Islamic Globe from February 2011 to April 2012
- Blake Goud is a contributor to Yasaar Media’s “So Far? The Journal of Strategic Thought in Islamic Finance”
- Blake Goud has contributed articles to numerous magazines covering Islamic finance
- Blake Goud wrote the Islamic Finance in North America report published by Yasaar Media
- Blake Goud spoke at the Usury-Free Association of North America (UFANA) conference in Toronto, Canada, which was held March 30-31, 2010. He edited the UFANA newsletter, which was distributed at the conference
- SharingRisk.org consults with Islamic finance practitioners and others with interest in Islamic finance on an ad hoc basis. Please contact Blake Goud for specific requests. Fees for consulting projects will be negotiated depending upon the scope of the project