Jakarta \u2014 Blended financing schemes are highly flexible for meeting\nvarious requirements linked to Islamic financing. The National Committee\nfor Islamic Economics and Finance (KNEKS) proposes combining sukuk\ninstruments with Islamic social funds to strengthen financing for solar\nenergy projects in Indonesia.<\/p>\n
Dwi Irianti Hadiningdyah, Director of Islamic Social Financial\nServices at KNEKS, stated that blended financing schemes merging\ncommercial financing instruments with Islamic social instruments can\nopen more innovative financing opportunities for renewable energy\ndevelopment.<\/p>\n
\u201cGoing forward, we can develop blended financing schemes between\nsukuk and Islamic social financial instruments, so that renewable energy\nproject financing can be conducted in a more innovative and sustainable\nmanner,\u201d said Dwi in a statement.<\/p>\n
In a discussion titled \u201cGreen Sukuk for Energy Transition: Innovative\nFinancing Models for the 100 GW Solar Energy Programme\u201d, she noted that\nbeyond Green Sukuk, renewable energy financing sources can also come\nfrom cash waqf linked sukuk (CWLS), zakat, and other social funds.<\/p>\n
She assessed that combining these instruments can serve as an\nalternative to expand funding sources for renewable energy projects,\nwhich have traditionally relied heavily on conventional financing.<\/p>\n
Dwi explained that Indonesia possesses significant Islamic social\nfund potential that can be leveraged to support sustainable development.\nNational zakat potential is estimated at approximately Rp327 trillion\nper year, whilst waqf fund potential is estimated at approximately Rp180\ntrillion.<\/p>\n
\u201cThis potential can be mobilised to support sustainable development,\nincluding solar energy development,\u201d she said.<\/p>\n
Additionally, she highlighted opportunities to utilise waqf assets\nfor renewable energy infrastructure development, including solar panel\ninstallations that can provide direct benefits to communities.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/blended-financing-sukuk-can-support-solar-energy-development-1773485542", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }