https://www.macrothink.org/journal/index.php/ieb/issue/feedIssues in Economics and Business2023-06-25T18:31:52-07:00Derrick Hardenieb@macrothink.orgOpen Journal Systems<img style="float: right; padding-left: 20px; padding-right: 20px;" src="/journal/public/site/images/ieb/ieb.jpg" alt="" width="300" /><p align="left"><em>Issues in Economics and Business</em> (IEB) is a double-blind peer-reviewed international journal dedicated to promoting scholarly exchange among teachers and researchers in the field of economics, finance and business. The journal is published semiannually with online version by the Macrothink Institute.</p><p>The scope of IEB includes the fields in the economics, finance and business. Authors are encouraged to submit complete, unpublished, original, and full-length articles that are not under review in any other journals. The online version of the journal is free access and download.</p>https://www.macrothink.org/journal/index.php/ieb/article/view/21110A Systematic Review on the Green Sukuk after Paris-Agreement2023-06-25T18:31:52-07:00Soud Almutairisoud.almutairi@port.ac.uk<p>This paper aims to identify, critically evaluate, and synthesize extant literature on Islamic green bonds. This study also identifies gaps and limitations in green Sukuk literature to highlight areas for further development of knowledge in this field of study. The study utilized a scoping review to identify all relevant literature from the EBSCO Host, Emerald, and Google Scholar databases. Our findings suggest that the concept of green sukuk is still emergent, and there are several gaps regarding the technical definitions and green taxonomy that need to be addressed. In addition, we discovered that there is a significant demand for sustainable investments, and the potential for liquid Islamic economies to supply this demand makes green sukuk an attractive investment option. Furthermore, the limitations of conventional green bonds in attracting Islamic investment further support the development of green sukuk. However, we also identified factors that hinder the development of green sukuk. The emergent nature of the concept and the lack of consistent green taxonomy for sukuk create a lack of understanding and hinder the development of effective legal frameworks. To overcome these challenges, we recommend that academics and Islamic scholars work towards developing a clear green taxonomy for sukuk. Such a taxonomy would help regulators develop a stronger legal framework for green sukuk and facilitate the growth of the market.</p>2023-06-24T00:00:00-07:00Copyright (c) 2023 Soud Almutairi