Islamic Finance and Sustainability : A Research Companion / Farhad Taghizadeh-Hesary, Hassanudin Mohd Thas Thaker, M. Ishaq Bhatti, Mohamed Asmy Mohd Thas Thaker.

Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Table of Contents -- List of Contributors -- About the Editors -- Acknowledgments -- Introductory Remarks -- Introduction -- Part I Pre-Requisites Principles On Green Finance for Sustainability: The Role of Islamic Finance -- 1 Islamic Finance and Its Role in Fostering Sustainable and Inclusive Economic Growth: A Bibliometric and Content Analysis -- 1.1 Introduction -- 1.2 Methodology and Data -- 1.2.1 Data Consolidation -- 1.2.2 Data Analysis and Visualization -- 1.3 Analysis Results -- 1.3.1 Trajectories of Research Development (RQ1) -- 1.3.2 Performance Analysis (RQ2) -- 1.3.3 Citation Analysis (RQ3) -- 1.3.4 Collaboration Analysis (RQ4) -- 1.3.5 Keyword Analysis (RQ5) -- 1.3.6 Bibliographic Coupling (RQ5) -- 1.3.7 Keywords Co-Occurrence (RQ5) -- 1.3.8 Content Analysis -- 1.4 Conclusion and Implications -- References -- 2 Fostering Green Islamic Financing Through Innovation and Education: A Literature Review -- 2.1 Introduction -- 2.2 Islamic Finance, Sustainability, Innovation, and Education -- 2.2.1 Islamic Finance -- 2.2.2 Sustainability -- 2.2.3 Innovation -- 2.2.4 Education -- 2.3 Research Methods -- 2.3.1 Step 1: Protocol -- 2.3.2 Step 2: Search -- 2.3.3 Step 3: Appraisal -- 2.3.4 Step 4: Synthesis -- 2.3.5 Step 5: Analysis -- 2.3.6 Step 6: Report -- 2.4 Results and Analysis -- 2.4.1 Research Gaps -- 2.4.2 The Green Islamic Finance Framework -- 2.5 Discussion and Conclusion -- 2.5.1 Policy Recommendation -- References -- 3 Green Fintech Innovations in Islamic Banking: Opportunities and Challenges -- 3.1 Introduction -- 3.2 The Concept of Financial Technology (FinTech) -- 3.3 Historical Development of Financial Technology (FinTech) -- 3.4 Green Financial Technology (FinTech) -- 3.5 Islamic Financial Technology (FinTech).

3.6 Green Financial Technology (FinTech) in Islam -- 3.7 Overview of Islamic Banking and Sustainability -- 3.8 Importance of Green Finance -- 3.9 Green Financial Technology (FinTech) Opportunities and Innovations in Islamic Finance -- 3.10 LSEG Islamic Sustainable Finance Scores 2023 -- 3.11 Challenges and Risks in Implementing Green Fintech -- 3.12 Conclusion and Policy Implication -- 3.12.1 Conclusion -- 3.12.2 Policy Implication -- References -- 4 Principles of Sustainability in Islamic Finance -- 4.1 Introduction -- 4.2 Principles of Sustainability -- 4.2.1 Ethical Conduct -- 4.2.2 Social Responsibility -- 4.2.3 Environmental Protection -- 4.2.4 Economic Justice -- 4.2.5 The (Mis)Alignment Between Conventional and Islamic Finance -- 4.3 Sustainable Instruments in Islamic Finance -- 4.3.1 Socially Responsible Investment -- 4.3.2 Environmental, Social, and Governance -- 4.3.3 Ethical Banking -- 4.3.4 Value-Based Intermediation -- 4.4 Case Study of Sustainability in Islamic Finance -- 4.5 Emerging Trend of Sustainability in Islamic Finance -- 4.6 Conclusion -- References -- Appendix -- Part II Building Islamic Finance Schemes for Sustainable Green Finance System -- 5 Factors Influencing Purchasing of Green Islamic Bank Products: Arabic Term as the Moderator -- 5.1 Introduction -- 5.2 Literature Review -- 5.2.1 Understanding Syariah Value -- 5.2.2 Islamic Banking -- 5.2.3 Theory -- 5.2.4 Research Model -- 5.2.5 Hypotheses Development -- 5.2.5.1 Attitude of Islamic Bank Clients -- 5.2.5.2 Subjective Norm of Islamic Bank Clients -- 5.2.5.3 Perceived Behavioral Control of Islamic Bank Clients -- 5.2.5.4 Arabic Term -- 5.2.5.5 The Intention of Islamic Bank Client to Purchase Islamic Bank Products. -- 5.3 Research Methodology -- 5.3.1 Data Collection Procedure and Sampling -- 5.3.2 Measurement -- 5.4 Results -- 5.4.1 Demographic Profile.

5.4.2 Descriptive Statistic Analysis -- 5.4.3 Measurement Model -- 5.4.4 Structural Model -- 5.4.4.1 Lateral Collinearity Assessment -- 5.4.4.2 Path Coefficients Results -- 5.4.4.3 Moderating Effect -- 5.5 Discussion -- 5.6 Theoretical and Practical Contributions -- 5.6.1 Limitations and Future Research -- 5.7 Conclusion -- References -- 6 Green Sukuk and Musharakah-Based Contracts for Financing Agritech in Nigeria: Prospects and Challenges -- 6.1 Introduction -- 6.1.1 Objectives of the Study -- 6.2 Methodology -- 6.3 Application of Agritech for Food Production -- 6.3.1 Prospects and Challenges of Adopting Agritech in Nigeria -- 6.3.2 Benefits of Using Agritech in Nigeria -- 6.3.3 Challenges of Using Agritech in Nigeria -- 6.4 Prospects of Green Sukuk -- 6.4.1 Countries That Issue Green Sukuk -- 6.4.2 Musharakah as a Vehicle for Green Sukuk Issuance in Nigeria -- 6.4.3 Challenges of Green Sukuk Issuance -- 6.4.4 Lessons From the Top Issuers of Green Sukuk -- 6.5 Conclusion and Policy Implications -- 6.5.1 Conclusion -- 6.5.2 Policy Implications -- 6.5.3 Limitations of the Study -- References -- 7 Trailblazing Social Takaful Fund for Green Sustainability Project: A Case of Cyntok Batik Social Enterprise -- 7.1 Introduction -- 7.2 Social Takaful Fund and Microtakaful -- 7.3 Takaful and Social Responsibility -- 7.4 Social Takaful Fund -- 7.5 Cyntok Batik Social Enterprise: An Overview -- 7.6 Cyntok Batik Social Enterprise: A Novel Initiative -- 7.7 Conclusion -- References -- 8 Advancing a Just Transition: A Critical Analysis of Islamic Green Finance Policy Frameworks and Initiatives in Malaysia -- 8.1 Introduction -- 8.2 Just Transition Vis-A-Vis Maqas.id Al-Shari.ah -- 8.2.1 The Confluence of Just Transition and Maqas.id Al-Shari.ah -- 8.2.2 Just Transition and the Funding Gap -- 8.3 Malaysia's Movement Towards Just Transition.

8.3.1 Government of Malaysia's Support of Just Transition -- 8.3.1.1 MADANI Economy -- 8.3.1.2 Focus 1: Malaysia - Leading Asian Economy -- 8.3.1.3 Focus 2: Elevating the Quality of Life for the Rakyat -- 8.3.2 Financial Sector Support for Just Transition -- 8.3.2.1 Financial Sector Blueprint 2022-2026 -- 8.3.3 Financial Inclusion Framework 2023-2026 -- 8.4 Islamic Green Finance Supporting Just Transition -- 8.5 Progress of VBI Implementation -- 8.6 Policy Implication -- 8.7 Conclusion -- Notes -- References -- 9 Housing Redevelopment Schemes (HRS): Islamic Green Finance Perspective -- 9.1 Research Background -- 9.2 Motivation of Study -- 9.2.1 Housing Redevelopment Projects and Poverty Reduction -- 9.2.2 Housing Sustainability -- 9.2.3 Housing Quality Improvement -- 9.2.4 Addressing Housing Shortages -- 9.2.5 Enhancing Neighborhoods -- 9.2.6 Redevelopment Projects With Islamic Finance and Green Finance Engagements -- 9.3 Research Methodology -- 9.4 Discussion and Analysis -- 9.4.1 Housing Redevelopment Guidelines -- 9.4.2 Awareness Cultivation -- 9.4.3 Financing Apparatus -- 9.5 Policy Implications -- 9.6 Conclusion and Recommendation -- References -- 10 Blockchain and Cryptocurrency Ecosystem: Balancing Innovation and Islamic Ethics for Sustainable Finance -- 10.1 Introduction -- 10.2 Blockchain Cryptocurrency and Islamic Finance: An Integration -- 10.2.1 Bridging the Gap Between Blockchain Cryptocurrency and Islamic Finance -- 10.3 Islamic Ethical Foundations in Finance -- 10.3.1 Alignment With Sustainable and Green Finance -- 10.4 Ethical Considerations in Blockchain and Cryptocurrency's Potential for Green Finance -- 10.4.1 Cryptocurrency Operations and Islamic Ethics -- 10.4.2 Cryptocurrencies for Direct Green Finance Support -- 10.4.3 Features of a Risk-Sharing-Based Cryptocurrency.

10.5 Challenges and Solutions in Harmonizing Islamic Ethics With Cryptocurrencies -- 10.5.1 Challenges in Ensuring Shari'ah Compliance -- 10.5.2 Strategies for Overcoming Challenges -- 10.6 Case Studies and Examples: Real-World Applications of Blockchain in Islamic Finance -- 10.7 Policy Implications and Recommendations for Blockchain Cryptocurrency Within Islamic Finance -- 10.8 Conclusion -- 10.8.1 Conclusion and Policy Implications -- 10.8.2 Practical Implications -- References -- Part III Islamic Green Finance and Its Impact Assessments -- 11 Impact of Corporate Sustainability On Financial Performance: Insights From Malaysian Green Banks -- 11.1 Introduction -- 11.2 Literature Review -- 11.2.1 Corporate Motives for Adopting Sustainability Practices -- 11.2.2 Sustainable Investment (SI) -- 11.2.3 Bloomberg ESG Model -- 11.2.4 Hypothesis Development -- 11.2.4.1 Environmental (E) Score -- 11.2.4.2 Social (S) Score -- 11.2.4.3 Governance (G) Score -- 11.2.4.4 Aggregate ESG Score -- 11.2.4.5 Sustainable Investment (SI) Disclosure -- 11.3 Research Methodology -- 11.3.1 Research Framework -- 11.3.2 Data Collection -- 11.4 Data Analysis -- 11.4.1 Descriptive Statistics -- 11.4.2 Correlation Analysis -- 11.4.3 Multiple Regression Analysis -- 11.4.3.1 Multicollinearity Analysis -- 11.4.3.2 Heteroskedasticity Tests -- 11.4.3.3 Regression Model Analysis -- 11.5 Conclusion and Discussions -- 11.5.1 Implications of the Study -- 11.5.2 Limitations and Future Recommendations -- References -- 12 Relational Ramifications Between Political Factors and Sukuk in Promoting Sustainable Forest Management -- 12.1 Introduction -- 12.2 Previous Study and Hypothesis Background -- 12.3 Data and Methodology -- 12.4 Result -- 12.5 Discussion -- 12.5.1 Relational Ramification Between Sukuk and Sustainable Forest Management.

12.5.2 Relational Ramification Between Political Factors and Sustainable Forest Management.

This research companion offers a comprehensive exploration of how Islamic finance principles intersect with sustainability goals. It examines the theoretical foundations, financial instruments, and regulatory frameworks that support environmentally and socially responsible finance in Islamic contexts. Through global case studies and sector-specific analyses, the book highlights the potential of Islamic finance to contribute to sustainable development and climate resilience.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2025. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.