Advancing climate policy in carbon accounting to control for carbon emissions: an Islamic moral economy emphasis

Achyar, Dzakiyy Hadiyan and Jongsureyapart, Chatrudee and Madah Marzuki, Marziana (2025) Advancing climate policy in carbon accounting to control for carbon emissions: an Islamic moral economy emphasis. Management & Accounting Review (MAR), 24 (3): 18. pp. 511-533. ISSN 2550-1895

Official URL: https://mar.uitm.edu.my/

Abstract

The Islamic Financial System emphasizes attaining societal welfare and benefits over social responsibility reporting and the existing function of climate policy aimed at mitigating carbon emissions. This study evaluated the elevated ethical standards required by the Islamic Moral Economy, focusing on the social and environmental goals within the Islamic Financial System. This study validated that the existing climate legislation in Malaysia and Indonesia, together with the Islamic Moral Economy inside the Islamic Financial system, had significantly heightened public awareness regarding the necessity to mitigate carbon emissions associated with gas combustion. Nonetheless, these efforts will not avert the greenhouse gas emissions potentially generated by extensive government projects employing coal power stations. The results of this study may assist policymakers in formulating effective strategies to mitigate climate change and adapt to its consequences.

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Item Type: Article
Creators:
Creators
Email / ID Num.
Achyar, Dzakiyy Hadiyan
UNSPECIFIED
Jongsureyapart, Chatrudee
UNSPECIFIED
Madah Marzuki, Marziana
marzianamadah@uitm.edu.my
Subjects: B Philosophy. Psychology. Religion > BJ Ethics > Islamic ethics
H Social Sciences > HD Industries. Land use. Labor > Economic development. Development economics. Economic growth
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Management & Accounting Review (MAR)
UiTM Journal Collections: UiTM Journals > Management & Accounting Review (MAR)
ISSN: 2550-1895
Volume: 24
Number: 3
Page Range: pp. 511-533
Keywords: Climate policy, Conference of parties, Peatlands, Islamic moral economy
Date: December 2025
URI: https://ir.uitm.edu.my/id/eprint/128493
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