Qatar Set to Issue Green Bonds, Sukuk and ESG Funds to Capitalise on Sustainability Trends

Thaddeus Malesa, Senior Advisor for Economics and Research, Qatar Financial Centre (QFC) Authority has stated that Qatar-based green bonds, Sukuk and economic, social and governance (ESG) funds are set to be issued shortly. According to Malesa, aggressive green investments by Qatar Petroleum (QP), together with guidance on ESG reporting by the Qatar Stock Exchange and QFC’s institutional backing, would be the reasons for the launch of these products.

Why it Matters? 

As Qatar is predicted to run a considerable budget surplus commencing in 2021, with export revenue exceeding its imports, the resultant aggregate excess returns will enable investments to be made through QFC institutions. The range of QFC financial institutions continues to grow, th...