Indonesia’s Global Green Sukuk Issuance Reaches USD 5 Billion: Finance Minister 

Indonesia’s Global Green Sukuk Issuance Reaches USD 5 Billion: Finance Minister 

https://islamicmarkets.com/articles/indonesia-s-global-green-sukuk-issuance-reaches-usd-5-billion-finance
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The government of Indonesia has issued USD 5 billion worth of green Sukuk globally, as per a statement made by Sri Mulyani Indrawati, Indonesia’s Minister of Finance at the “LIKE IT: Sustain Habit in Investing, Invest in Sustainable Instruments” event held on the 12th of August 2022.

Why it Matters?

Indonesia is the largest issuer of green Sukuk and has been consistent in offering these instruments since 2018. The nation’s offerings amount to USD 5.5 billion in government issues and account for 54% of all green Sukuk offerings worldwide. These issuance are made both globally and locally, with local issues additionally packaged in smaller offerings of IDR 500 thousand (USD 2317) or IDR 10 million (USD 46,346) and aimed at further...