ABSTRACT

This study provides a review on Islamic sustainable finance (ISF) adopted by Shari’ah rulings within the context of value-based intermediation (VBI), the Pentaple Bottom Line (5 Ps) and Tawhid String Relation (TSR). Islamic jurisprudential methodologies are applied in performing the review. The 5 Ps under the teachings of Islam promotes synergy between ISF and maqasid al-Shari’ah, maṣlaḥah and falāḥ. The study proposes that the implementation of Islamic sustainable finance by each country will be more effective if there is support from policies and regulations, i.e., prudential and supervisory framework from the government or the regulatory and supervisory authorities (RSA) that are supportive and in line with the objective of maqasid al-Shari’ah.