Exploring the Nexus between SRI Sukuk and the SDGs: Malaysia’s Path toward the 2030 Agenda (2015–2023)

Abstract

This study examines the role of Green Sukuk (Sustainable and Responsible Investment - SRI) in supporting the achievement of the Sustainable Development Goals (SDGs) The objective is to analyze how this Sharia-compliant financing tool contributes to funding environmentally friendly projects, aligning Islamic ethical values with sustainability principles. in Malaysia as a spatial framework .The research employs an analytical methodology based on a comprehensive literature review and desk research to assess the potential and contributions of Green Sukuk to sustainable development. The findings indicate that SRI Sukuk can play a strategic role in financing projects that support environmental conservation in Malaysia, renewable energy, and the sustainable management of natural resources. Furthermore, the implementation of Green Sukuk demonstrates adherence to Sharia principles, which emphasize justice and ecological balance, thereby generating added value for both society and the environment ; However, challenges remain in the implementation of SRI, including regulatory issues, transparency, and reporting standards that require further harmonization