Islamic Development Bank, London Stock Exchange and capital market group launch new guidance on sustainable sukuk

Islamic Development Bank president Muhammad Al-Jasser noted that there is a pressing need to accelerate the issuance of sukuk, particularly green and sustainability sukuk to mobilise and increase financing for the sustainable and development goals including climate finance.

Commenting on the new guidance, IsDB president Muhammad Al-Jasser noted that there is a pressing need to accelerate the issuance of sukuk, particularly green and sustainability sukuk to mobilise and increase financing for the sustainable and development goals including climate finance. “At the Islamic Development Bank, underpinning our strategy is the pursuit of green economic growth entailing the transition to low carbon economies by prioritising investment and renewable energy sources,” he said.

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