This paper aims to develop a holistic framework for the Maqasid al-Shariah in Responsible Investment (MSRI) index for selected publicly listed companies in the Malaysian capital market. To test the validity of the MSRI framework, a sample of 30 publicly listed companies from 2021 was selected using purposive sampling. The framework consists of eight themes with forty-five elements to evaluate companies based on their annual reports, sustainability reports, and public disclosures. The scores are classified into three categories: Shariah compliant, Shariah non-compliant, and Hajiyyat. Out of the 30 selected companies, the summary of MSRI scores concludes that twenty (20) companies were identified as Shariah compliant, while the remaining four (4) were classified as Shariah non-compliant, and six (6) as Hajiyyat. Overall, the results of the analyses show that the sustainability of the company and society has a higher percentage than the wealth preservation of companies. This research differs substantially from prior work by offering a novel approach that develops a holistic framework integrating Maqasid al-Shariah with elements of responsible investment. This study believes it can provide valuable guidance for formulating Islamic investment public policy for selected investment portfolios.

This study explores the advancement of ethical practices and environmental sustainability in Thai banking through an in-depth case analysis of Siam Commercial Bank (SCB), the country’s first indigenous bank founded in 1907. SCB has significantly influenced ethical banking practices and sustainability initiatives. The research provides a unique comparative analysis of SCB’s ethical frameworks and sustainability policies, assessing their impact on key stakeholders, including customers, employees, the community, and the environment. Employing a qualitative case study methodology, this study utilizes secondary data from SCB’s reports and CSR documents, analyzed through thematic analysis and descriptive statistics. The findings reveal SCB’s substantial progress in aligning ethical considerations with environmental sustainability, contributing new insights into ethical decision-making processes and the balance between profit and responsibility. Recommendations are provided to enhance ethical and sustainable practices in banking, adding to the discourse on corporate responsibility, environmental stewardship, and sustainable development.

In this research, we employed multivariate statistical methods to investigate the perspectives of small and medium-sized enterprises (SMEs) concerning the Extended Producer Responsibility (EPR) regulation and their apprehensions related to EPR compliance. The EPR regulation, which places the responsibility of waste management on producers, has significant financial and administrative implications, particularly for SMEs. A sample of 114 businesses was randomly selected, and the collected data underwent comprehensive analysis. Our findings highlight that a notable proportion of businesses (44.7%) possess knowledge of the EPR regulation’s provisions, whereas only a marginal fraction (1.8%) lacks sufficient familiarity. We also explored the interplay between opinions on the EPR regulation and concerns regarding its financial and administrative implications. Our results establish a significant correlation between EPR regulation opinions and concerns, with adverse opinions prominently influencing concerns, particularly regarding financial burdens and administrative workloads. These outcomes, derived from the application of multivariate statistical techniques, provide valuable insights for enhancing the synergy between environmental regulations and business practices. EPR regulation significantly affects SMEs in terms of financial, administrative, and legal obligations, thus our study highlights that policymakers may need to consider additional support mechanisms to alleviate the regulatory burden on SMEs, fostering a more effective and sustainable implementation of the EPR regulation.

The reduction of biodiversity and the decline in wildlife populations are urgent environmental issues with devasting consequences for ecosystems and human health. As a result, the protection of wildlife and biodiversity has emerged as one of humanity’s greatest goals, not only for protecting and maintaining human health but also for environmental, economic, and social well-being. In recent years, people have become increasingly aware of the importance and effectiveness of wildlife conservation efforts alongside environmental protection measures, sustainable agricultural practices and non-harmful production procedures and services. This study describes the development and implementation of a labeling scheme for wildlife and biodiversity protection for products or services. The label is designed to encourage the adoption of sustainable and environmentally friendly production methods and services that will contribute to biodiversity conservation and the harmonic coexistence of human-wildlife. Moreover, using a case study approach, the research presents an innovative information system designed to streamline the label-awarding process, ensuring transparency and efficiency. The established system evaluates the sustainability practices and measures implemented by businesses, with a focus on honey production in this case. Additionally, the study explores the broader social implications of the label, particularly its potential to engage consumers and promote awareness of biodiversity conservation.

The Cisadane Watershed is in a critical state, which has expanded residential areas upstream of Cisadane. Changes in land use and cover can impact a region’s hydrological characteristics. The Soil and Water Assessment Tool (SWAT) is a hydrological model that can simulate the hydrological characteristics of the watershed affected by land use. This study aims to evaluate the impact of land use change on the hydrological characteristics of the Cisadane watershed using SWAT under different land use scenarios. The models were calibrated and validated, and the results showed satisfactory agreement between observed and simulated streamflow. The main river channel is based on the results of the watershed delineation process, with the watershed boundary consisting of 85 sub-watersheds. The hydrological characteristics showed that the maximum flow rate (Q max) was 12.30 m³/s, and the minimum flow rate (Q min) was 5.50 m³/s. The study area’s distribution of future land use scenarios includes business as usual (BAU), protecting paddy fields (PPF), and protecting forest areas (PFA). The BAU scenario had the worst effect on hydrological responses due to the decreasing forests and paddy fields. The PFA scenario yielded the most favourable hydrological response, achieving a notable reduction from the baseline BAU in surface flow, lateral flow, and groundwater by 2%, 7%, and 2%, respectively. This was attributed to enhanced water infiltration, alongside increases in water yield and evapotranspiration of 3% and 15%, respectively. l Therefore, it is vital to maintain green vegetation and conserve land to support sustainable water availability.

In today’s highly competitive environment, enterprises strive for competitive advantages by actively responding to changes in the network environment through digital technology. This approach fosters continuous innovation and establishes new paradigms by creating new network structures and relationships. However, research on the relationship and transmission mechanisms between digital technology and innovation performance in dynamic environments is still in its early stages, which does not fully address the demands of current social practice. Therefore, exploring the impact mechanisms of digital technology applications on enterprise innovation performance is an important research area. Based on the dynamic capability theory, this paper utilized SPSS 26.0 and AMOS 24.0 software to conduct an empirical analysis of 490 valid samples from the network perspective, exploring the pathways through which digital technology capability influences enterprise innovation performance. The results indicate that (1) digital technology capability is positively correlated with enterprise innovation performance; (2) digital technology capability is positively correlated with network responsiveness; (3) network responsiveness is positively correlated with enterprise innovation performance; (4) network responsiveness plays a mediating role in the impact of digital technology capability on enterprise innovation performance; (5) environmental dynamism positively moderates the relationship between digital technology capability and enterprise innovation performance. This paper enhances the understanding of how digital technology capability influences enterprise innovation performance in dynamic environments, offering new insights for future research. The results suggest that enterprises should focus on enhancing their digital technology capabilities, optimizing network structures, and strengthening network relationships to drive digital innovation.