Journal of Law, Administration, and Social Science
Vol 5 No 1 (2025)

Exploring the chances and challenges of green sukuk in Indonesia: TOWS method analysis

Yusrifalda, Amalia (Unknown)
Nurcahyo, Bimo (Unknown)



Article Info

Publish Date
07 Jan 2025

Abstract

This study explores the opportunities and challenges of green sukuk in Indonesia through a comprehensive TOWS method analysis. By reviewing existing literature and conducting IFAS (Internal Factor Analysis Summary) and EFAS (External Factor Analysis Summary), the study identifies the internal strengths and weaknesses, as well as external opportunities and threats, affecting the green sukuk market in Indonesia. The findings suggest that an aggressive SO (Strength-Opportunity) strategy is most suitable for leveraging the country's strong government support and positive market response, while capitalizing on the increasing global demand for sustainable investments. The study recommends enhancing public and investor awareness, strengthening regulatory support, fostering collaborations with global financial institutions, and providing incentives for green projects. These strategic actions are essential for maximizing the potential of green sukuk as a sustainable financing instrument, driving Indonesia's economic growth, and reinforcing its leadership in the global Islamic finance market. This research contributes to the ongoing discourse on Islamic finance and green financing, offering strategic insights and recommendations for policymakers, investors, and stakeholders to advance Indonesia's environmental and economic goals.

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Journal Info

Abbrev

jolas

Publisher

Subject

Humanities Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Journal of Law, Administration, and Social Science merupakan media penyebarluasan hasil penelitian di rumpun ilmu sosial, ilmu politik, dan humaniora. Sub rumpun Ilmu sosial terdiri dari bidang Ilmu Komunikasi, Jurnalistik, Hubungan Masyarakat, Periklanan, Televisi dan Film, Manajemen Komunikasi dan ...