GREEN SUKUK INNOVATION: DRIVING ECO-FRIENDLY INFRASTRUCTURE DEVELOPMENT IN INDONESIA

Abstract

The potential of green sukuk, an Islamic finance product, to promote environmentally friendly infrastructure development in Indonesia is examined in this paper. The study examines how green sukuk complies with Islamic law, how well it draws in a variety of investors, and what legal and legislative frameworks are needed to support its expansion in Indonesia. A comprehensive approach to literature reviews is used in this research methodology. This research includes citations to a large number of academic sources, including recent academic publications. then using Newton's second law, a physics theory. is a quantitative explanation of the modifications to a body's motion that a force can cause. This law asserts that the Islamic Brand Personality is inversely proportional to the Policy Stakeholders and directly proportional to the Sustainable Finance that works on it.According to the research, green sukuk can be a useful instrument for funding environmentally friendly initiatives including low-emission vehicles, green buildings, and renewable energy while also assisting Indonesia in achieving its sustainability targets. To fully realize the potential of green sukuk in the nation, the report also emphasizes the necessity of tax breaks, public awareness initiatives, and a supporting regulatory framework