RAM-rated Edra Solar's RM245m sustainability sukuk


Edra Solar’s proposed sustainability sukuk is the country’s first to be aligned with the requirements of Securities Commission's sustainable and responsible investment (SRI) sukuk framework.

KUALA LUMPUR: Edra Solar Sdn Bhd’s proposed RM245mil Asean sustainability SRI Sukuk, which was rated by RAM Ratings, has become a Malaysian pioneer in blending green and social elements.

The rating agency said on Tuesday Edra Solar's sustainability sukuk has joined the ranks of trailblazers.

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