Majority of Malaysia’s Sukuk Issuances in 2020 Tied to Sustainable and Responsible Investments: Tengku Zafrul

Most of the Malaysia’s Sukuk issuances in 2020 were tied to the principles of Sustainable and Responsible Investments (SRIs), as stated by the Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz at the 16th Kuala Lumpur Islamic Finance Forum (KLIFF) held on the 9th of March 2021. Issuances were carried out across ventures like funding renewable energy infrastructures (solar and hydro), as well as assisting social purposes like micro financing and education.

Why it matters?

Principles of SRIs being tied to a majority of issuances have ensured the strength of the Islamic finance industry during COVID-19 and has also supported in attracting investors. Malaysia is able to build a sustainable future by utilising Islamic financial pr...