Green sukuk seen growing


Sukuk milestone: Maimoonah says Tadau Energy’s green SRI sukuk is a historic milestone for Malaysian capital markets.

PETALING JAYA: The issuance of green socially responsible investment (SRI) sukuk in Malaysia is expected to grow in the next few years, predominantly driven by funding requirements of solar power producers or contractors, said Affin Hwang Investment Bank Bhd group managing director Datuk Maimoonah Hussain.

The Energy Commission has an allocated capacity of 1000 MW for large-scale solar programmes to be implemented in the next three years.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Malaysia Airlines staff named best in Asia, cabin crew at global 3rd place
Gulf IPO boom fizzles
Miniso helps rewrite toy sector story
Caught in the Fed’s crossfire
Converse bets on China for revival
RHB Bank stamps its mark�
The bond conundrum
Where innovation meets tradition
Aijek’s sustainable second act
AI binge tests risk appetite

Others Also Read