SME Bank’s group president/chief executive officer Aria Putera Ismail said the proceeds from the issuances would be used to finance projects that directly support 11 of the 17 United Nations Sustainable Development Goals (SDGs).”
KUALA LUMPUR: SME Bank unveiled its RM3bil sustainability sukuk wakalah programme which will focus on six initial key sectors of energy, manufacturing, transport, building, waste and water.
SME Bank, an agency under the Ministry of Entrepreneur Development and Cooperatives, said on Monday it is the first development financial institution (DFI) in the country to issue a sustainability sukuk to meet its funding and working capital requirement.
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