Securities Commission Malaysia Expands its SRI Sukuk and Bond Grant Scheme to Drive Sustainable Finance

The Securities Commission Malaysia (SC) has announced that it has expanded its Sustainable and Responsible Investment (SRI) Sukuk and Bond Grant Scheme (established in 2018 and formerly known as Green SRI Sukuk Grant Scheme) to assist businesses in raising Sukuk to satisfy their needs for sustainable financing, as per a press release issued on the 23rd of August 2022.

Why it Matters?

Through the expansion, the grant is now applicable to SRI-linked Sukuk issued under the SRI-linked Sukuk Framework established by the SC in June 2022. This expansion fits into the Capital Market Masterplan 3's aim to assist Malaysia's commitments and aspirations to transition to a low-carbon and climate-resilient economy by facilitating transition finance. It also aims t...