Academics and researchers have long viewed Socially Responsible Investment (SRI) and Equitable Financing as the Holy Grail of Islamic Finance. Many of the stipulations of Islamic Finance have been widely rationalized as being necessary for equitable growth and as being more humane, compassionate even more environmentally sustainable than secular banking practices in their larger impact on society. This view has created a sizeable common ground between Islamic finance, SRI and other faith-based investment philosophies. Despite these ideas of responsible Islamic finance, there is not much evidence to suggest that Islamic finance has been able to achieve its social rationale and thee is a dire need for new ideas to understand how the rules, prohibitions and guidelines of Islamic finance. Therefore, aligning SRIs are indeed the strengthening formula that can boost Islamic finance into potent vehicles of meaningful social change.