The Financial, Social, and Fiqh Dimensions of Boycotts
Boycott movements, initially driven by individual consumer choices in response to Israel's ongoing actions in Gaza, have evolved into potent instruments capable of transforming the global economy. The report, “The Financial, Social, and Fiqh Dimensions of Boycotts”, prepared by the Research Center for Islamic Economics (IKAM) under the ILKE Foundation, offers a comprehensive analysis of the financial, social, and jurisprudential aspects of boycotts. The report delves into the consequences of these movements on financial markets, corporate balance sheets, and global trade, while also assessing them within the framework of Islamic law. It provides detailed insights into both the broader impacts on major corporations and sector-specific evaluations. Key Insights from the Report Include: ✔️ The economic implications of global boycott movements ✔️ The historical context of boycotts in Islam and their jurisprudential assessment ✔️ Public perceptions of boycotts in Turkey and participation dynamics ✔️ The impact of boycotts on corporate sales ✔️ A financial analysis of boycott effectiveness based on stock market performance This in-depth report shows how boycotts can be harnessed as a tool of economic influence and offers practical steps to turn them into sustainable, long-term strategies.
