Securities Commission Malaysia Introduces New SRI-linked Sukuk Framework to Facilitate Transition to Net Zero
July 04, 2022 | Updated at August 29, 2022
The Securities Commission (SC) Malaysia has introduced a new Sukuk framework called the Sustainable and Responsible Investment-linked (SRI-linked) Sukuk Framework, in order to assist businesses in securing financing to address sustainability issues, as per a statement issued on the 30th of June 2022.
Why it Matters?
The Framework is a continuation of the SRI road map activities that were unveiled in 2019 to increase the variety of SRI products. With the faster transition towards creating a climate-resilient future, high-emitting industries are in danger of being phased out; companies in these and other industries will be able to make the transition to a low-carbon or net zero economy through the SRI-linked sukuk. The framework will also address rising...