Module introduction In recent years, the Sustainable Development Goals (SDG) set by the United Nations (UN) have risen on the top of the development agenda, with an emphasis on a partnership approach between the financed and financier. Given the scale of the financial resources required to support the SDG, coupled with the strain on government budgets, the mobilization of financing through innovative instruments becomes imperative. Islamic finance, through the Maqasid al-Sharia – Islamic moral economy values are the foundation for Islamic finance, where participatory modes of investment take centre stage.    Hence, the potential of the use of Islamic finance to support green investments to finance the SDG agenda that has been receiving increased attention. This is an emerging niche within the Islamic Environmental, Social, Governance financing arena, wherein the recent past issues of a few green Sukuk to finance climate friendly projects, water and sanitation projects, clean energy projects. The rise of Ethical Social Governance (ESG) friendly investors and investment managers enhance this trend, who will mobilize the funds for investing in green sustainable projects.

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