Beam Journal of Economic Studies
Volume 9, Numéro 2, Pages 565-578
2025-09-15

The Role Of Green Sukuk In Promoting Sustainable And Environmentally Responsible Investment: Malaysia As A Model

Authors : Tayeb Saida .

Abstract

The objective of this study is to explore the effectiveness of green sukuk as an innovative Islamic financial instrument in supporting environmentally responsible investments and promoting sustainable development. The study adopts a descriptive and analytical methodology, relying on data collected from previous research and official reports, as well as an in-depth analysis of Islamic financial instruments used in Malaysia. The findings reveal that Islamic finance, particularly green sukuk, plays a significant role in financing renewable energy and environmental initiatives. The most important recommendation of the study is to strengthen collaboration between governments and Islamic financial institutions to develop innovative green financing mechanisms that support long-term sustainable development.

Keywords

green sukuk; sustainable development; Environmentally; green financing; renewable energy