Abstract:

Green sukuk can become a viable solution to environmental problems and serve as a bridge between the Islamic and conventional financial markets. Since those who invest in sukuks mostly are socially responsible, there is even more potential for countries that have Muslim majorities to develop green sukuk markets because they are in greater compliance with Sharia principles, and they also are aligned with the achievement of sustainable development goals (SDGs). Since there is a dearth of studies that have examined the issuance of green sukuks. The aim of this study was to examine the issuance of green sukuks based on a theoretical research analysis. The results showed that there is significant potential for green sukuks to be offered in the market.