This study evaluates the potential of alternative materials such as Hydrated Magnesium Silicate (M-S-H) cement, bamboo leaf ash (BLAsh), and cellulose fibers to enhance the sustainability and performance of fiber cement composites. Innovative in its approach, the research incorporates BLAsh and cellulose fibers into M-S-H and Portland cement (OPC) matrices using an innovative production process: extrusion. For the characterization of different formulations, a comparative analysis was conducted on samples with M-S-H and Portland cement matrices, with BLAsh replacing limestone and the addition of unbleached pine cellulose fibers. The analysis covered the physical, mechanical, and microstructural properties of the composites. After a 7-day curing period, they were subjected to 200 cycles of accelerated aging to evaluate durability. Microstructural analysis revealed the binding potential of the M-S-H matrix used in this study due to the pronounced formation of M-S-H gel and reduced content of Mg(OH)2 over time. The formation of C–S–H and M-S-H gel as the main phase for each type of cement is even more evident in samples incorporating BLAsh, indicating the interaction between both types of matrices and bamboo leaf ash. The study demonstrated that adding BLAsh to the composites significantly improved the modulus of rupture of the OPC samples (approximately 32 %), while considerably reducing water absorption for the M-S-H samples (around 50 %). Aging affected water absorption differently in OPC and M-S-H samples, with OPC showing decreased absorption and the M-S-H showing increased absorption post-aging. The study proved both types of cement suitable for producing composites that meet NBR 15498 standards for external applications. This demonstrates the technical feasibility of these compounds for their production by 3D printing.