Capital Market Fund Raising for Sustainable and Responsible Investments in Malaysia Gets Renewed Grant Scheme

Malaysia’s Green Sustainable and Responsible Investments (SRI) Sukuk Grant Scheme has been expanded and renamed to SRI Sukuk and Bond Grant Scheme, according to the Securities Commission (SC). The Scheme, which was established in 2018 assists by covering up to 90% of external review costs for the issuances of green SRI Sukuk.

The Grant is now available for all Sukuk issued under SC’s Sustainable and Responsible Investment (SRI) Sukuk Framework or bonds issued under the Association of Southeast Asian Nations Green, Social and Sustainability Bond Standards (ASEAN Standards), according to SC’s statement today. So far, the Scheme has assisted eight issuers concerned with renewable energy, green building, and sustainable projects.

According to SC, the SRI...