Green Sukuk, Environmental Issues and Strategy

Abstract

The leaders and policymakers realize that our home planet has been endangered by our hands. The industrialization era had a severe impact on climate change; therefore, the infrastructure project should be friendly with the environment. The green Sukuk concept is ideal to help the Sukuk issuances tackle environmental issues as well as reduce Green House Gases (GHG) carbon emission. However, there are so many environmental issues that revolve in Malaysia besides the environmental project should be beneficial the most to the country (environmentally) and the people. This paper attempt to identify the current and unsolved environmental issues in Malaysia; the role of Green Sukuk (financially) to assist the environmentally friendly project; and strategy or initiatives that can be taken by the government to push the green Sukuk issuance to help the government to cope with the environmental issues as well as reduce climate change.