Significant Opportunity Available to Develop More Blue Sukuk in Asia: Ramesh Kana

Ramesh Kana, Chairperson of UN Global Compact Network Malaysia & Brunei (UNGCMYB), has said that there is a big opportunity to develop more blue Sukuk in Asia to support the growth of the blue economy.

Why it Matters?

According to Kana, the development of blue Sukuk, which includes finance initiatives that conserve ocean resources and facilitate sustainable development in coastal regions, will in addition to helping ensure the protection and sustainable use of oceans via investment in the blue economy, also assist to build ocean resilience. Kana made these comments during the World Islamic Economic Forum (WIEF) Powertalk 2021, titled “Diving into the deep blue: Possibilities for Islamic Fintech” held on the 1st of December 2021. The l...