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In your opinion, what is Social Impact Investment and how would you explain it’s context in the Middle East?
For many Middle Eastern businesses CSR and Social Impact Investing are evolving from the more traditional Zakat and Sadaqah [while Zakat is obligatory, Sadaqah is voluntary]
What are the latest 3 trends you are seeing in how organisations are adopting sustainability and social impact in the region?
- Growing awareness of the need for more strategy and focus on results, rather than simply supporting projects and programs
- Tensions between partners as family owned businesses engage with international partners and investors who have more focus on linking CSR and Social Impact investing to business interests
- Increasing use of partners and collaborators including from civil society, governments and international interests