Green sukuk seen growing


Sukuk milestone: Maimoonah says Tadau Energy’s green SRI sukuk is a historic milestone for Malaysian capital markets.

PETALING JAYA: The issuance of green socially responsible investment (SRI) sukuk in Malaysia is expected to grow in the next few years, predominantly driven by funding requirements of solar power producers or contractors, said Affin Hwang Investment Bank Bhd group managing director Datuk Maimoonah Hussain.

The Energy Commission has an allocated capacity of 1000 MW for large-scale solar programmes to be implemented in the next three years.

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