M’sia leads the way in Islamic finance


Greenlight: Najib meeting the representatitives from Tadau Energy and Quantum Solar Park. Both firms are involved in developing large scale solar projects. Looking on is Dr Ongkili (right). — Bernama

PUTRAJAYA: Malaysia wants to strengthen its leading position in Islamic finance by raising more green sukuk to fund environmentally-friendly infrastructure developments.

Energy, Green Techonology and Water Minister Datuk Seri Dr Maximus Ongkili said Malaysia’s efforts in socially responsible investments (SRI) has received support from the World Bank, which shares its best practices with government agencies and financial institutions.

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