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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read