Integrating Islamic Principles With Green Economy: Balancing Economic Growth, Environmental Sustainability, And Social Equity -

Abstract

Purpose: This paper explores the synergy between green economy principles and Islamic teachings, focusing on how this alignment can support sustainable growth, social equity, and environmental preservation. It highlights the role of green banking within Islamic finance for promoting financial stability and environmental protection.

Methodology: A bibliometric analysis of relevant literature, using VOSviewer, maps trends and connections between green economy and Islamic finance principles.

Findings: The study reveals that Islamic principles, such as stewardship and public interest, align well with green economy goals, enhancing resource management in Islamic banking. Green banking under Islamic finance promotes transparency and sustainability.

Limitations: The study’s literature-based approach lacks empirical validation, which future research could address through real-world case studies.

Practical Implications: Islamic banks can apply these insights to enhance green finance practices, supporting environmental and social goals.

Originality/Value: This study uniquely links Islamic finance with green economy principles, offering a fresh perspective on Islamic banking's role in sustainable development.