Sukuk an Effective Means of Managing Sustainability Transitions: Datuk Albar, Chairman, Securities Commission, Malaysia

With about USD 1.8 billion in sustainable and responsible investment (SRI) Sukuk issued under Malaysia's SRI Sukuk Framework since 2014, Sukuk has been recognised as an effective funding instrument for managing sustainability transitions.

Why it Matters?

Datuk Syed Zaid Albar, Chairman at Securities Commission (SC) Malaysia, noted that the issuances have encompassed varied green and social projects, ranging from solar power and sustainable natural resource management to green buildings and trust schools. Furthermore, Sukuk encourages the use of innovative and sustainable approaches, such as funding the deployment of low carbon technologies, as well as contributing to the expansion of transition finance, he noted.

Details

Become IslamicMarkets.com member

We provide tools that help professionals and institutions steer the global
Islamic economy, unlocking commercial opportunities.

Get more with

• An ecosystem of 500,000+ users
• 50,000+ publications and resources
• Exclusive newsletters and breakthrough stories
• Over 300 industry-led learning modules
• See all benefits >>

Create FREE account or Log in

See all Subscription options

Create FREE account

Unlocking commercial opportunities in the
Islamic economy with:

• An ecosystem of 500,000+ users
• 50,000+ publications and resources
• Latest news, data and insights
• Over 300 industry-led learning modules

Register or Log in

See all Subscription options