Abstract
This paper investigates the use of the green sukuk, particularly, for financing the renewable energy projects.
More precisely, three case studies have been chosen for discussion. In the first case study, we highlight “Hybrid Sukuk” framework adopted by Tadau Energy Sdn. Bhd. for financing solar photovoltaic (PV) plants. The second case study, we reviewed “Sukuk Wakalah” issued by BEWG (M) Sdn. Bhd., as an ideal solution for water treatment project. Finally, for the third case study, we have discussed in detail about “Sukuk Murabahah” which is being used by Sarawak Hidro Sdn. Bhd. for financing the hydroelectric plant (BAKUN hydroelectric project).