MARC affirms rating on Sinar Kamiri RM245m green sukuk


File pic of workers installing solar power panels on a house.

KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed its AA-IS rating on solar power plant operator Sinar Kamiri Sdn Bhd’s RM245mil green sukuk.

In a statement on Tuesday, it said the rating outlook for the green sustainable and responsible Investment (SRI) Sukuk Wakalah is stable.

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