GREEN SUSTAINABILITY IN SHARIAH FINANCE

Rp. 86.000

Penulis: Eka Mega Pertiwi, Achmad Room Fitrianto, Muhamad Fikri Bin Aziz

Panjang: 23

Lebar: 15

Halaman: 229

ISBN: 9786231616098

Sinopsis:

The increasing urgency of environmental degradation and climate change has placed sustainability at the center of global economic and financial discussions. In Islamic capital markets, this concern is deeply aligned with Shariah principles that emphasize ethical responsibility, social justice, and environmental stewardship. This book examines the relationship between green initiatives and financial performance among Shariah Public Listed Companies (PLCs) in Indonesia and Malaysia, offering insights into how sustainability practices are embedded within Shariah-compliant business frameworks. Grounded in the FTSE4Good ESG framework, the study explores green accounting, ESG performance, and corporate social responsibility in relation to financial outcomes. By adopting a comparative perspective across two major ASEAN Islamic capital markets, the book highlights variations in the effectiveness of sustainability initiatives and underscores the moderating role of firm characteristics and institutional contexts. The analysis also reveals the challenges posed by greenwashing, where symbolic sustainability practices weaken both financial performance and ethical credibility.