This book offers a comprehensive overview of Islamic finance and sustainability, showcasing how Islamic financial instruments can support environmentally sustainable initiatives.It delves into recent efforts to develop a Shariah-compliant financial and banking system that is sustainable, efficient, and stable. Contributors focus on Islamic financial products and tools, highlighting their potential to advance environmental sustainability. The discussions are organized around key themes, including the principles of sustainability in Islamic finance, risk assessment and mitigation, the Islamic stock market and sustainability, Green Fintech in Islamic banking and finance, and Green Sukuk in developing and emerging markets. The book addresses how Islamic finance can bridge the gap in green financing globally. Particular emphasis is placed on Green Sukuk, a Shariah-compliant bond created to fund environmentally sustainable projects, including those aimed at combating climate change and promoting ecological conservation.This comprehensive volume on Islamic finance and sustainability will be invaluable for policymakers, researchers, and academics interested in Islamic economics and finance, sustainable finance, and the green economy.
Les mer
This book provides a comprehensive overview of Islamic finance and economics, and how Islamic financial instruments may facilitate environmentally sustainable initiatives.
List of ContributorsAbout the EditorsAcknowledgmentsIntroductory RemarksPART I Pre-Requisites Principles on Green Finance for Sustainability: The Role of Islamic Finance1 Islamic Finance and Its Role in Fostering Sustainable and Inclusive Economic Growth: A Bibliometric and Content AnalysisHENGCHAO ZHANG, RAFIA AFROZ, RIASAT AMIN IMON, AND KINAN SALIM2 Fostering Green Islamic Financing through Innovation and Education: A Literature ReviewAIDRINA SOFIADIN3 Green Fintech Innovations in Islamic Banking: Opportunities and ChallengesALI USMAN JIBO4 Principles of Sustainability in Islamic FinanceSHAHIDA SHAHIMI AND SITI AISYAH ZAHARIPART II Building Islamic Finance Schemes for Sustainable Green Finance System5 Factors Influencing Purchasing of Green Islamic Bank Products: Arabic Term as the Moderator ANWAR ALLAH PITCHAY, LINA FARHANAH MOHD SAAD, YUVARAJ GANESAN, MUHAMMAD SHABIR SHAHARUDIN, MOHAMED ASMY MOHD THAS THAKER, AND HASSANUDIN MOHD THAS THAKER6 Green Sukuk and Musharakah-Based Contracts for Financing Agritech in Nigeria: Prospects and ChallengesMUHAMMAD RABIU DANLAMI AND LUTFI ABDUL RAZAK7 Trailblazing Social Takaful Fund for Green Sustainability Project: A Case of Cyntok Batik Social EnterpriseNORAZLINA ABD WAHAB, NOR HAYATI AHMAD, SELAMAH MAAMOR, MOHAMAD YAZID ISA, ZAIRY ZAINOL, AND WAN AHAMAD NAJIB WAN AHAMAD LOTFI8 Advancing a Just Transition: A Critical Analysis of Islamic Green Finance Policy Frameworks and Initiatives in MalaysiaNOOR SUHAIDA BINTI KASRI AND AMNAN HANANI BINTI BADRUDDIN9 Housing Redevelopment Schemes (HRS): Islamic Green Finance Perspective AHMAD KHALIQ10 Blockchain and Cryptocurrency Ecosystem: Balancing Innovation and Islamic Ethics for Sustainable FinanceMOHAMED ASLAM AKBAR, ANAZTASIA NATASHA MUHAMAD RAMLAN, ANWAR ALLAH PITCHAY, AND HAIRUL AZLAN ANNUARPART III Islamic Green Finance and Its Impact Assessments11 Impact of Corporate Sustainability on Financial Performance: Insights From Malaysian Green BanksRACHEL YEOW TZE YING, SHAKIL AHAMMED, MOSHARROF HOSEN, HASSANUDIN MOHD THAS THAKER, AND FARHAD TAGHIZADEH-HESARY12 Relational Ramifications Between Political Factors and Sukuk in Promoting Sustainable Forest ManagementMILHATUN NISA AND M. LUTHFI HAMIDI13 Islamic Green Finance Risk Assessment and Mitigation for Banks in PakistanALIZA AIJAZ, NOOR FATIMA ANWAR, AND MAHA QASIM14 The Role of Islamic Stock Market in Filling the Green Finance Gap in IndonesiaDWITA SAKUNTALA, M. SHABRI ABD. MAJID, A. ALIASUDDIN, AND S. SURIANI15 Online Sustainability Disclosures of Top Islamic Higher Education InstitutionsRATNA MULYANY, ARIF RAHMANSYAH, SARA YULIS, HAFAS FURQANI, BAKHTIAR BIN ALRAZI, DAYANA JALALUDIN, AND DAYANA JALALUDIN ZURAIDA16 Mitigating Financed Emissions in Financial Institutions through Islamic and Green FinanceSAHEED OLANREWAJU ISSA, ABDULKADRI TOYIN ALABI, AND ABDULBAKI TENIOLA UBANDAWAKI17 Global Green Bond and Sukuk Washing: Incentivising Bad BehaviorZIYAAD MAHOMED AND SHAMSHER MOHAMAD18 Bridging Biodiversity, Sustainability, and Social Impact With Sharia InsuranceNUR HALIMATUS SAKDIYAHPART IV Sustainability in Green Islamic Finance: A Closer Look at Selected Countries’ Experience19 A Closer Look at Indonesia’s Experience in Developing Green SukukMUHAMMAD IQBAL BALATIVE, ERI HARIYANTO, ATHIUS SHOLIKHAH, AND RICKY GIGIH PRAYOGA20 Sukuk and Sustainability: Exploring Green Financial Instruments and the Transition to Low-Carbon EconomiesHAZIK MOHAMED21 Towards a Sustainable Future: Evaluating Green Sukuk in Indonesia and the UAEMAYA PUSPA RAHMAN, KHAIRUNNISA MUSARI, NUN MAZIYYAH MAHSYAR, AND NURCAN KILLINC-ATA22 Green Waqf and Sustainable Development: Cases in Malaysia and IndonesiaJARITA DUASA AND MISBAHUL MUNIR
Les mer

Produktdetaljer

ISBN
9781032855431
Publisert
2025-03-03
Utgiver
Vendor
Routledge
Vekt
1220 gr
Høyde
234 mm
Bredde
156 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
552

Om bidragsyterne

Farhad Taghizadeh- Hesary an Associate Professor at the Tokai University Research Institute for Environment and Sustainability (TRIES) in Japan, Chief Economist of Climate Finance Asia, and Vice President and Co- founder of the International Society for Energy Transition Studies (ISETS).

Hassanudin Mohd Thas Thaker is an Associate Professor of Financial Economics at International Islamic University Malaysia.

M. Ishaq Bhatti is a Professor of Financial Data Analytics at SP Jain School of Global Management and the founding director of the Islamic Banking & Finance Program at Latrobe University. School of Business and Economics, Universiti Brunei Darussalam, BruneiLa Trobe Business School, La Trobe University, Melbourne, Australia.

Mohamed Asmy Mohd Thas Thaker is an Associate Professor at International Islamic University Malaysia and specializes in Economic Development, Islamic Economics, and Finance.