Strong demand for green bond, sukuk this year

‘’Sustainable issuance is set to increase given the intensifying focus on environmental, social, and governance (ESG) as well as climate commitment,’’ Maybank Investment Bank CEO Fad'l Mohamed told reporters after signing an agreement with MBSB Bank Bhd yesterday.

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) expects the strong demand for sustainability bond and sukuk in the local market to continue this year.

Chief executive officer Datuk Fad’l Mohamed said the domestic market recorded an issuance of RM8.4bil last year under the sustainable segment, constituting 7.6% of the total bond and sukuk issuances worth RM110bil registered in 2021.