KUALA LUMPUR, Aug 23 — The Securities Commission Malaysia today announced the expansion of the Sustainable and Responsible Investment Sukuk and Bond Grant Scheme to facilitate companies raising sukuk to meet their sustainable finance needs.
“The expansion of the grant will enable eligible SRI-linked Sukuk issuers to apply to offset up to 90 per cent of the external review costs incurred, subject to a maximum of RM300,000 per issuance. The statutory body said the masterplan aims to encourage the issuances of SRI-linked sukuk by corporates in carbon-intensive industries as they transition to better sustainability practices and low-carbon activities.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: