Green and social investments are innovative Shariah-compliant instruments designed to finance green infrastructure and development projects. They have the potential to become a new asset class targeting both Islamic and socially responsible investors. Green and social investments would facilitate the achievement of the Sustainable Development Goals by diversifying funding sources; positioning Islamic finance as a universal and ethical financing mode; promoting its development in new markets; and creating awareness on Islamic financing modes and its environmental responsibility. Bridging Islamic finance and impact investing may leverage representation and investor interest through the development of new, innovative Islamic finance instruments such as Islamic crowdfunding and SRI Sukuk, for impact enterprises and impact funds.