PUSHING THE FRONTIERS OF ISLAMIC FINANCE THROUGH SOCIALLY RESPONSIBLE INVESTMENT SUKUK
DOI:
https://doi.org/10.31436/shajarah.v0i0.617Keywords:
Socially Responsible Investment, sukuk, ethical investment, Islamic financeAbstract
This study explores the potentials of SRI sukuk as a source of
financing for projects that address community and social issues, thus
giving positive impact to the society. Focusing on several cases of
SRI sukuk in critical yet not so commercially-attractive for
profit-motivated financial institutions to participate in such as
education, environment and health sectors, this study highlights the
mechanisms and challenges as well as potentials of SRI sukuk as a
source of financing for these projects. Since the field of SRI sukuk is
still in its infancy stage especially in Islamic finance, this study hopes
to contribute towards enriching the literature as well as exploring
the potentials for further applications in other areas in the Islamic
finance industry.