Analysis of the impacts and challenges of Covid-19 on green sukuk in Indonesia

Abstract

The Covid-19 pandemic is the biggest challenge in sustainable development. Sustainable development requires large capital, and this capital is obtained from the financial market, which comes from investment. There are various investment activities in Indonesia. As a country where most of the population is Muslim, in investment, they must pay attention to Islamic principles and Islamic law. There are various innovations in Islamic investment or financing, one of which is the Green Sukuk . This research aimed to portray the impacts and challenges Green Sukuk created during the Covid-19 pandemic in Indonesia. Secondary data using journals, articles, books, Ministry of Finance data, and news provided by the Ministry of Finance as materials and references were used. This study indicated that there are impacts and challenges faced in issuing new Green Sukuk during Covid-19 pandemic.

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