Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 7 No. 1 (2026): Dinasti International Journal of Economics, Finance & Accounting (March-April 2

Greenwashing in Sukuk Fund Allocation on the IDX: Analysis with Three Sharia ESG Discrepancy Indicators

Magfiroh, Sayyidetul (Unknown)
Risnaeni, Umi suwati (Unknown)

Article Info

Publish Date
26 Mar 2026

Abstract

This study examines the effect of greenwashing on sukuk fund allocation on the Indonesia Stock Exchange (IDX), focusing on the discrepancy between Environmental, Social, and Governance (ESG) claims and actual Sharia-compliant practices. Greenwashing, as a deceptive environmental practice, can impact Sharia investor confidence and investment fund allocation. Using multiple regression analysis, this study contributes to regulators and investors in improving Sharia ESG transparency and encouraging the development of stricter audit standards to prevent greenwashing in the Indonesian Sharia sukuk market. This study also focuses on companies operating in the mining sector.

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Journal Info
Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Website

Abbrev

DIJEFA

Publisher

Dinasti Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...