Fiqh Economic Analysis in the Implementation of Green Sukuk as a Form of SDGs
DOI:
https://doi.org/10.29040/jiei.v11i06.18585Keywords:
FIQIH EKONOMI, Green Sukuk, Sustainable Development Goals (SDGs)Abstract
This study discusses the application of green sukuk as an Islamic financial instrument in supporting the achievement of the Sustainable Development Goals (SDGs). Green sukuk is designed to fund environmentally friendly projects, such as renewable energy, waste management, and conservation of natural resources, while still adhering to the principles of economic fiqh, namely Justice (al-adl), balance (tawazun), and environmental preservation (hifdzul bi'ah). This study uses a qualitative approach with descriptive analytical methods to analyze the potential, challenges, and contribution of green sukuk to sustainable development. The results show that green sukuk has a positive impact on the environment, social, and economy, and contributes greatly to supporting the Sustainable Development Goals (SDGs) and has the potential to become an innovative Islamic financing solution. However, there are challenges in the form of low public understanding, lack of private sector participation, and the need for supportive regulation. Public education, government incentives, and the use of technology such as blockchain are important strategies to improve transparency and efficiency of fund management. This study recommends collaboration between the government, private sector, and academia to expand the implementation of green sukuk. With a comprehensive approach, green sukuk can strengthen Indonesia's position as a pioneer of Sharia green finance, while supporting sustainable development that is inclusive and environmentally friendly.
Keywords: Green Sukuk, Fiqh Economics, SDGs
References
Abduh, A., Siregar, S., Islam, U., Sumatera, N., & Medan, U. (2024). Instrumen Keuangan Sosial Islam Dan Keberlanjutan Lingkungan (SDGs 13). 5(1), 42–63.
Adhania, P. V. (2023). Penerapan Hifdzul Bi’ah Dalam Fatwa Kupi Tentang Haramnya Kerusakan Lingkungan. An-Nawa: Jurnal Studi Islam, 5(2), 195–209. https://doi.org/10.37758/annawa.v5i2.643
Affan, I., & Rusgianto, S. (2023). Pengaruh Environmental Awareness, Religiosity, Dan Risk Aversion Terhadap Minat Gen Z Surabaya Dalam Berinvestasi Green Sukuk. Jurnal Ekonomika Dan Bisnis Islam, 6(2), 1–11.
Affandi, A., & Khusna, N. (2022). Konsep Harta : Penentuan Keuntungan Green Sukuk Pemicu Impact Investment SDGs. 5(2), 213–224.
Alam, A., Ratnasari, R. T., Jannah, I. L., & Ashfahany, A. El. (2023). “Development and evaluation of Islamic green financing: A systematic review of green sukuk.” Environmental Economics, 14(1), 61–72. https://doi.org/10.21511/ee.14(1).2023.06
Anggraini, Y. (2018). Peran Green Sukuk Dalam Memperkokoh Posisi Indonesia Di Pasar Keuangan Syariah Global. El-Barka: Journal of Islamic Economics and Business, 1(2), 251. https://doi.org/10.21154/elbarka.v1i2.1453
Aqilla, A. R. (2024). Ekonomi Hijau , Menyelamatkan Bumi , Meningkatkan Kesejahteraan. Gudang Jurnal Multidisiplin Ilmu, 2, 491–494.
Damanuri, A., & Rosyidah, E. (2024). KONTEKSTUALISASI FILSAFAT EKONOMI ISLAM DALAM SDGS. Αγαη, 15(1), 37–48.
Djalaluddin Mawardi. (2015). Pemikiran abu is ha q al-sy at ibi dalam kitab al-muwafaq a t. Al-Daulah, 4(2), 289–300.
Haerunnisa, H., Sugitanata, A., & Karimullah, S. S. (2023). Analisis Strukturalisme Terhadap Peran Katalisator Instrumen Keuangan Syariah dalam Mendorong Pembangunan Berkelanjutan dan Tanggung Jawab Sosial. Al-’Aqdu: Journal of Islamic Economics Law, 3(2), 124. https://doi.org/10.30984/ajiel.v3i2.2853
Hidayat, W. (2023). OPTIMALISASI EKONOMI KERAKYATAN DALAM MENGHADAPI ANCAMAN RESESI MELALUI PENGATURAN HUKUM BAGI UMKM DAN KOPERASI (Optimization of The Community Economy in Facing The Threat of Recession Through Legal Arrangements for SMEs and Cooperatives). Majalah Hukum Nasional, 53(2), 166–337.
Hulwati, H. (2017). Investasi Sukuk: Perspektif Ekonomi Syariah. JEBI (Jurnal Ekonomi Dan Bisnis Islam), 2(1), 85–96. http://journal.febi.uinib.ac.id/index.php/jebi/article/view/70
Josua L. Tobing, K. S., & Setiawati, W. (2022). Tinjauan Yuridis Terhadap Efek Bersifat Utang Berwawasan Lingkungan (Green Bond) Sebagai Instrumen Investasi Dalam Penerapan Sustainable Investment Di Pasar Modal Indonesia. Jurnal Hukum & Pembangunan, 1(1). https://doi.org/10.21143/telj.vol1.no1.1001
Kementerian Keuangan Republik Indonesia. (2020). Peran Pemerintah Dalam Penanggulangan Perubahan Iklim. In Djjpr (Vol. 2).
Keshminder, J. S., Singh, G. K. B., Wahid, Z. A. B., & Abdullah, M. S. (2019). Green sukuk: Malaysia taking the lead. Malaysian Journal of Consumer and Family Economics, 22(Special Edition 2), 1–22.
Kurnia, F., & Suwita, L. (2024). Analisis Peran Dan Kontribusi Green Sukuk Terhadap Implementasi Sustainable Development Goals (Sdg’S) Di Indonesia. Jurnal Menara Ekonomi, 10(2), 118–125.
Liu, F. H. M., & Lai, K. P. Y. (2021). Ecologies of green finance: Green sukuk and development of green Islamic finance in Malaysia. Environment and Planning A, 53(8), 1896–1914. https://doi.org/10.1177/0308518X211038349
Malihah, L. (2022). Tantangan Dalam Upaya Mengatasi Dampak Perubahan Iklim Dan Mendukung Pembangunan Ekonomi Berkelanjutan: Sebuah Tinjauan. Jurnal Kebijakan Pembangunan, 17(2), 219–232. https://doi.org/10.47441/jkp.v17i2.272
Ministry of Finance Republic of Indonesia. (2023). Green Sukuk: Allocation and Impact Report 2023. In DJPPR Kemenkeu.
Mursal, M. (2017). IMPLEMENTASI PRINSIP-PRINSIP EKONOMI SYARIAH: Alternatif Mewujudkan Kesejahteraan Berkeadilan. Jurnal Perspektif Ekonomi Darussalam, 1(1), 75–84. https://doi.org/10.24815/jped.v1i1.6521
Mutmainnah, S., & Romadhon, M. R. (2023). Pendayagunaan Green Sukuk dalam Menghadapi Perubahan Iklim di Indonesia. Jurnal Ekonomi Dan Bisnis Islam (JEBI), 3(1), 187–200. https://doi.org/10.56013/jebi.v3i1.2021
Ngoya, M. F. (2015). Mengawal sustainable development goals (SDGs); meluruskan orientasi pembangunan yang berkeadilan. Sosioreligius, I(1), 77–88.
Nur Alim Mubin AM. (2021). SDG’s dalam Pembangunan Ekonomi Pasca Pandemi. Jurnal Indonesia Sosial Sains, 2(8), 1330–1343. https://doi.org/10.36418/jiss.v2i8.387
Priyatno, P. D., Sari, L. P., & Atiah, I. N. (2020). Penerapan Maqashid Syariah pada Mekanisme Asuransi Syariah. Journal of Islamic Economics and Finance Studies, 1(1), 1. https://doi.org/10.47700/jiefes.v1i1.1927
Rachmadhika, H. A. (2024). Investasi Hijau yang Menjembatani Dunia: Sukuk Hijau Diaspora. Jurnalku, 4(3), 338–347. https://doi.org/10.54957/jurnalku.v4i3.1058
Shayan, N. F., Mohabbati-Kalejahi, N., Alavi, S., & Zahed, M. A. (2022). Sustainable Development Goals (SDGs) as a Framework for Corporate Social Responsibility (CSR). Sustainability (Switzerland), 14(3), 1–27. https://doi.org/10.3390/su14031222
Srisusilawati, P., & Eprianti, N. (2017). Penerapan Prinsip Keadilan Dalam Akad Mudharabah Di Lembaga Keuangan Syariah. Law and Justice, 2(1), 12–23. https://doi.org/10.23917/laj.v2i1.4333
Suherman, Noor, I., & Manzilati, A. (2019). Identifikasi Potensi Pasar Green Sukuk Republik Indonesia. HUMAN FALAH: Jurnal Ekonomi Dan Bisnis Islam, 6(1), 1–17.
Udzma, L. A. (2024). Konstruksi Green Sukuk Dalam Ekonomi Berkelanjutan Perspektif Maqāṣid Al-Syari’Ah. https://repository.uinsaizu.ac.id/26497/
Wahid, M. A. R. (2017). Peran Kaidah Fiqh Terhadap Pengembangan Ekonomi Islami. El-Jizya : Jurnal Ekonomi Islam, 4(2), 219–236. https://doi.org/10.24090/ej.v4i2.2016.pp219-236
Zaki, M. (2021). Jual Beli Terlarang Dalam Perspektif Fikih Mu’amalah (Ba’i an-Najsy dan ba’i al-Ghubn). ISTIKHLAF: Jurnal Ekonomi, Perbankan Dan Manajemen Syariah, 3(1), 17–25. https://doi.org/10.51311/istikhlaf.v3i1.273
Published
How to Cite
Issue
Section
Citation Check
License
The copyright of the article fully belongs to the Jurnal Ilmiah Ekonomi Islam and publishing rights belong entirely to LPPM STIE AAS Surakarta
This work is licensed under a Creative Commons Attribution 4.0 International License.
