"The Sharia financing scheme can be a very appropriate source of financing for various sustainable energy transition programs," the vice president noted in his remarks while attending the Nusantara Sharia Economic Forum (NUSHAF) 2024 monitored online in Jakarta, Tuesday.
Amin remarked that Sharia economics and finance are also believed to play a significant role in supporting sustainable, inclusive economic transformation.
"This is reflected in the integration of sharia economic principles in national long-term development plan (RPJPN) and national medium-term development plan (RPJMN) as one of the main programs in the direction of productivity-based economic transformation development policies," the vice president remarked.
He noted that maintaining the balance of nature, ensuring the reasonable use of natural resources, and promoting environmental sustainability are the principles of Sharia economics.
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The vice president highlighted that it is in line with various sustainable economic policies, especially the energy transition towards a low-carbon economy.
"Various examples of sharia finance and green financing adhere to the same principles, namely risk sharing and encouraging sustainability and innovation," the vice president stated.
In the future, he remarked that the Sharia economy's contribution to reducing carbon emissions will be further strengthened by making the green economy one of the main pillars in the 2025-2029 Sharia economic master plan.
"These various steps are believed to strengthen the position and role of the sharia economy and finance as important pillars of national economic development in order to realize the vision of Indonesian Emas 2045, namely a Sovereign, Advanced, and Sustainable Nusantara," the vice president stated.
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Translator: Benardy Ferdiansyah, Cindy Frishanti Octavia
Editor: Yuni Arisandy Sinaga
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