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Role of Islamic economic and finance in renewable energy

Some quotation from Quranic verses and Indonesia experiences

Bibliographic Data

ID21438693
AuthorsAzwar Iskandar (0000-0002-7930-4693, Universitas Islam Makassar), Abur Hamdi Usman (0000-0001-5179-1648, Selangor Islamic University), Syarul Azman Shaharuddin (0000-0003-1687-1292, Selangor Islamic University)
Year2021
Volume6
Issue1
Pages583-595
Publication date2021-06-15
Open AccessYes
TypeARTICLE
Venueal-Irsyad Journal of Islamic and Contemporary Issues (JOURNAL)
Journal identifiersISSN: 0128-116X • E-ISSN: 2550-1992
PublisherPenerbit Kolej Universiti Islam Antarabangsa Selangor (PUBLISHER)
DOI10.53840/alirsyad.v6i1.196
OpenAlexW3194399198
LanguageEN
References cited1

This study aims to describe the role of Islamic economic and finance in renewable energy programs in Indonesia. This research is a qualitative descriptive research through library research and content analysis method. The results show that the role of Islamic economic and finance in renewable energy programs in Indonesia is realized in several forms. First, sharia financial sector can be one of the options for renewable energy investment financing instruments. Second, the utilization of renewable energy can be the supporter and spearhead of the halal industry. Third, in a religious social context, renewable energy financing can be done with the concept of ta‘āwun and jāriyah alms through crowd funding and waqf. In order to optimize the role of sharia economy and finance in renewable energy programs in Indonesia, several steps and activities that can be done include: (1) intensifying the campaign against the excellence of renewable energy; (2) providing easy access and renewable energy financing schemes; (3) conducting research and publication on renewable energy and potential collaboration with other industries in the halal value chain that can be perceived in Indonesia

Business · Context (archaeology) · Economics · Investment (military) · Islam · Political science · Politics · Renewable energy · Sharia · Accounting · Energy, Environment, and Transportation Policies · Engineering · Finance · Hybrid Renewable Energy Systems · Islamic Finance and Banking Studies · Law

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Highly citedNo

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