The article examines the possibilities of Islamic financing for the development of sustainable transport in the context of the global transition to a “green” economy. Sustainable transport is one of the key elements of environmentally safe future, contributing to the reduction of carbon emissions, improving the quality of life and achieving the goals of sustainable development. However, the implementation of such projects requires significant investments, which emphasizes the need to find alternative sources of financing. Islamic financing, based on the principles Sharia, including the ban on interest, the ban on speculation and the emphasis on the fair distribution of risks, provides unique opportunities for attracting capital to sustainable transport projects. The article examines financial instruments such as green sukuk, Islamic investment funds and public–private partnership models, as well as their potential in implementing environmentally friendly transport initiatives. Successful examples of the use of Islamic financing in transport infrastructure and the introduction of low-emission technologies are given. Special attention is paid to the challenges of integrating Islamic capital into transport projects, including legal barriers, lack of knowledge among investors and limited financial mechanisms. The author proposes measures to overcome these difficulties, including adaptation of framework, raising awareness and strengthening international cooperation.

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Sustainable Transport and Islamic Finance: Driving the Transition to a Green Economy

  • Anber Abraheem Shlash Mohammad,
  • Hassan Ali Al-Ababneh,
  • Ibrahim Radwan Alnsour,
  • Khaleel Ibrahim Al-Daoud,
  • Suleiman Ibrahim Shelash Mohammad,
  • Asokan Vasudevan,
  • Arya Kumar,
  • Thulasi Manoharan,
  • A. Vasumathi

摘要

The article examines the possibilities of Islamic financing for the development of sustainable transport in the context of the global transition to a “green” economy. Sustainable transport is one of the key elements of environmentally safe future, contributing to the reduction of carbon emissions, improving the quality of life and achieving the goals of sustainable development. However, the implementation of such projects requires significant investments, which emphasizes the need to find alternative sources of financing. Islamic financing, based on the principles Sharia, including the ban on interest, the ban on speculation and the emphasis on the fair distribution of risks, provides unique opportunities for attracting capital to sustainable transport projects. The article examines financial instruments such as green sukuk, Islamic investment funds and public–private partnership models, as well as their potential in implementing environmentally friendly transport initiatives. Successful examples of the use of Islamic financing in transport infrastructure and the introduction of low-emission technologies are given. Special attention is paid to the challenges of integrating Islamic capital into transport projects, including legal barriers, lack of knowledge among investors and limited financial mechanisms. The author proposes measures to overcome these difficulties, including adaptation of framework, raising awareness and strengthening international cooperation.