Green Sukuk Financing for Government Investment Issue (GII) in Malaysia


Farah Idayu Razali,Noriza Mohd Saad,Norli Ali,



Green Sukuk,Financing,Energy,Efficiency,


The paper aims is to investigate the relationship between the features of sukuk financing with energy efficiency in Malaysia. The study used a secondary data which are gathered from Bank Negara Bond InfoHub and Malaysia Energy Information Hub (MEIH) from 2014 until 2015. Throughout, this study uses multivariate regression analysis for dependent variable (DV): Energy efficiency and independent variables (IV): size of issues, coupon rate and yield to maturity. The result found that there is a significant impact between green sukuk financing towards energy sectors and positive relationship on size of issue and yield to maturity. The coupon rate has a negative relationship toward energy efficiency. Overall, the green sukuk financing directly have a contribution on energy efficiency in Malaysia by focusing on green sukuk projects financing in the Malaysia.


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