This article investigates the conceptual and practical alignment between Takaful—the Islamic cooperative insurance model—and ESG (Environmental, Social, Governance) principles. Through a comparative qualitative analysis of regulatory frameworks, policy documents, and benchmark cases from Malaysia, Saudi Arabia, and the United Kingdom, the study explores how Shariah-based Takaful mechanisms embody ESG-aligned ethics. Findings suggest that Takaful offers intrinsic safeguards against ESG-washing by embedding accountability, transparency, and social responsibility within its legal and spiritual structure. The paper also maps potential pathways for integrating ESG principles into Uzbekistan’s evolving Islamic finance landscape. It concludes by recommending regulatory alignment, digitalization, and targeted human capital development as prerequisites for ESG-compliant Takaful. The article contributes to the growing discourse on sustainable Islamic finance by providing a Shariah-anchored framework for ESG convergence.

Takaful, ESG, Green Economy, Islamic Insurance, Shariah Compliance, Ethical Finance, Social responsibility, Sukuk, Digital Takaful, Sustainability, Uzbekistan

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