Analisis Peran Sukuk sebagai Instrumen Moneter dalam Pembiayaan Pembangunan Berkelanjutan Sustainable Development Goals (SDGs) di Indonesia

Brilian Serly Ramadhani; Nindi Aulia Nisa; Rifda Putri Elfika Sari; Muzzaki Ahmad Shidiq; Amalia Nuril Hidayati

doi:10.61132/pajamkeu.v2i6.1872

Authors

Brilian Serly Ramadhani Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung
Nindi Aulia Nisa Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung
Rifda Putri Elfika Sari Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung
Muzzaki Ahmad Shidiq Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung
Amalia Nuril Hidayati Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung

DOI:

https://doi.org/10.61132/pajamkeu.v2i6.1872

Keywords:

Green Infrastructure, Green Sukuk, Sharia Instruments, Sustainable Development, Sustainable Finance

Abstract

The Sustainable Development Goals (SDGs) are a global agenda that emphasizes the importance of balancing economic growth, social justice, and environmental sustainability. In Indonesia, the primary challenge in achieving the Sustainable Development Goals (SDGs) lies in the limited financing of sustainable development projects. Sukuk, particularly green sukuk, is a sharia-compliant financial instrument with the potential to provide an alternative solution to support funding for environmentally friendly projects and green infrastructure. This study aims to analyze the role of sukuk in financing sustainable development, identify its potential and implementation challenges, and compare it with other national financial instruments. This study employed a library research method through a literature review of books, scientific journals, articles, and empirical data related to sukuk development. The results show that demand for sukuk is increasing compared to conventional bonds and provides a competitive financing alternative based on sharia principles. However, its implementation still faces obstacles such as financial literacy, regulatory readiness, market liquidity, and limited institutional coordination. Strengthening regulations and stakeholder collaboration are necessary for sukuk to effectively support the achievement of the Sustainable Development Goals (SDGs).

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