Malaysia the prime issuer of sustainability sukuk in Asean

“We are seeing Malaysian corporates and organisations, along with their Asean peers, significantly stepping up their adoption of ESG strategies and practices. These actions will enhance their resilience and long-term sustainability,” Malaysia managing partner, Ernst & Young PLT Datuk Abdul Rauf Rashid said in a statement.

KUALA LUMPUR: Malaysia leads in sustainable and responsible investing (SRI) sukuk issuance among the Asean6 countries, accounting for US$3.9bil (RM16.32bil) of issuance value or 56% of the total Asean SRI sukuk issuance as of November 2021, according to a recent research.

The research was released by Ernst & Young Consulting Sdn Bhd and Capital Markets Malaysia’s Sustainable Investment Platform (SIP) on the growth trend of sustainable and responsible investing (SRI) in Malaysia and its five Asean neighbours – Indonesia, the Philippines, Singapore, Thailand and Vietnam.