Development and Influence of Green Sukuk in Indonesia

Bella Delima, Maryam Batubara

Abstract


Abstract : With the increasing attention to environmentally based development issues and sustainable development, the demand for the necessary financing to support greening projects continues to rise. The principles of investment in the context of Islamic finance synergistically align with environmentally friendly concepts and sustainable development. The presence of innovative Islamic financing instruments, such as Green Sukuk, in Indonesia is potentially and crucially significant in supporting economic growth that aligns with environmental conservation efforts. Although Green Sukuk has received a positive response from the market, there remain various opportunities for its development in Indonesia that need to be optimized, while also facing practical challenges that must be addressed. Therefore, this research will focus on exploring Green Sukuk, its development, and the impact of Green Sukuk in Indonesia.

Keywords: sustainable, finance, green sukuk, islamic.


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References


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