Malaysia's SRI Sukuk Financing Volume Nears USD 2 Billion from 2015 to 2021: Securities Commission
September 29, 2022 | Updated at September 29, 2022
A total of USD 2 billion has been raised by Malaysia through 21 sustainable and responsible investment (SRI) Sukuk issuers from 2015 to 2021, according to the Securities Commission (SC) Malaysia on the 28th of September 2022.
Why it Matters?
The development of Islamic instruments and investments in Malaysia and its ongoing market and industrial progress, according to SC Executive Chairman, Dato’ Seri Dr. Awang Adek bin Hussin, has been made possible by three essential prerequisites: a supportive ecosystem, partners that share the same values, and a facilitative legal framework, particularly for Islamic SRI. The country is currently developing an SRI taxonomy for the local capital market that is anticipated to encourage capital allocation towards sustainab...