MANIFESTATION OF MAQASHID SYARIAH IN STRENGTHENING THE ROLE OF SHARIA BANKING THROUGH GREEN-FINANCING TO SUPPORT SUSTAINABLE FINANCE PROGRAMS
The global issues of climate change, loss of biodiversity, and increasing inequality pose serious threats to the future sustainability of humanity if not addressed seriously and systematically through collaborative efforts. Islamic banking, as one of the financial institutions based on Islamic law, has a duty to play a role in the creation of an environmentally conscious economy through its activities directed environmentally based business endeavors. Islamic banks differ in character from conventional banks, with one such characteristic being their obligation to adhere to Sharia principles in conducting their business activities and aligning with the Maqashid Sharia. This paper aims to determine the urgency of green financing services in sustainable financial programs to create a green economy in line with Maqashid Sharia. The research utilizes a legislative regulation approach and a conceptual approach. The results indicate that Islamic banking in Indonesia continues to accelerate its role as part of the pillar in creating a green economy, a development model that synergizes economic growth and environmental quality improvement. The entire process of green financing is carried out in an end-to-end manner, from planning, acquisition, monitoring to the collection and recovery processes, all aligned with Sustainable Development Goals (SDGs) and efforts to realize Maqashid Sharia.
Maqashid Shariah, Green Economy, Sustainable Finance, Green Financing, Sharia Banking