Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah
Vol 11 No 3 (2026)

Assessing Green and Shariah Claims: Dual Accountability in Green Islamic Fintech

Anom Garbo (Universitas Islam Indonesia)
Joko Setyono (Universitas Islam Negeri Sunan Kalijaga)
Anik (Universitas Alma Ata)



Article Info

Publish Date
22 Aug 2026

Abstract

This study aims to formulate a conceptual framework for rereading green finance -based Islamic FinTech through the perspectives of Islamic Ecotheology, maqāṣid al-sharī'ah, and sustainability governance. Using a narrative literature review, this study synthesizes fragmented literature on Islamic FinTech, green finance, greenwashing, shariah governance, ecological governance, Islamic Ecotheology, and maqāṣid al-sharī'ah. The results of the study indicate that Islamic FinTech is still largely understood within a legal technical framework, particularly regarding service efficiency, financial inclusion, and contract compliance. At the same time, green finance faces the risk of greenwashing when green claims are not accompanied by evidence of impact. In the context of Islamic FinTech, this issue develops into a double legitimacy risk because green claims can meet with sharia claims that are not necessarily oriented towards maqāṣid. This study proposes shariah ecological governance as a conceptual framework that connects shariah screening, ecological screening, maqāṣid assessment, impact reporting, digital traceability, ecological shariah audit, and stakeholder accountability. The study's primary contribution lies in shifting the understanding of Islamic FinTech from a transaction platform to a maqāṣid- based impact accountability regime and ecological responsibility.

Copyrights © 2026






Journal Info

Abbrev

Mas

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah (e-ISSN: 2580-5800; p-ISSN: 2527-6344) is a journal that is managed by the Islamic Banking Study Program, Muhammadiyah University of Surabaya and in collaboration with professional organizations, namely Ikatan Ahli Ekonomi Islam. This ...