The world is changing across all fronts, necessitating transformational thinking and attitudes to adapt and then to grow. The same transformation is happening around us in the capital market, with more and more issuers and investors are seeking to make an impact with their investments, by exploring Sustainable and Responsible Investment (SRI).
Today, SRI have transformed from niche products into mainstream capital market offerings, as more discerning investors shift towards climate friendly activities, to minimise their impact on the planet. In fact, the capital market plays a critical role in providing funding to drive SRI.
In realising the world’s sustainable development needs, a significant amount of funding is required. Based on estimates by the United Nations Conference on Trade and Development (UNCTAD), to achieve the global Sustainable Development Goals (SDGs), the world would need total investment of between US$5.0 trillion and US$7.0 trillion (RM17.5 trillion and RM24.5 trillion) per annum until 2030.
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Nov 27, 2024
Small and medium enterprises (SMEs) need to swiftly integrate environmental, social, and governance (ESG) practices into their business operations to maintain their competitiveness in the market and ensure long-term sustainable advantages, Bank Negara Malaysia (BNM) said.
Oct 22, 2024
UBS Group AG is asking its bankers to rethink the way they discuss some sustainable products in public following advice from its lawyers, according to sources.
Oct 15, 2024
The Securities Commission Malaysia (SC) and the World Bank have launched a joint report, @ESG Disclosure Assessment of Malaysia@s Listed Companies and Recommendations for Policy Development@ at the SC-World Bank Conference 2024 today.
Sep 25, 2024
The National Sustainability Reporting Framework (NSRF), developed by the Advisory Committee on Sustainability Reporting (ACSR),1 is set to enhance the state of sustainability disclosures in Malaysia.
Aug 07, 2024
A green bond is a type of debt instrument issued by governments, municipalities, or corporations to raise funds specifically for projects and activities that have positive environmental impacts. The key feature of a green bond is that the proceeds must be allocated exclusively to projects that...
Mar 26, 2024
The Climate Risk Management and Scenario Analysis policy document (CRMSA PD)1 sets out the principles and requirements for financial institutions to manage climate-related risks.
Mar 26, 2024
In many countries, SMEs are the critical contributors to economic growth. This is true for Malaysia as well, with SMEs accounting for 97%@of all business establishments. SMEs provide employment to around 48%@of the Malaysian workforce, making them the backbone of the domestic economy (Diagram 1)....
May 01, 2025
MARC RATINGS ASSIGNS PRELIMINARY RATINGS TO S P SETIA'S PROPOSED SUKUK PROGRAMMES MARC Ratings has assigned preliminary ratings to S P Setia Berhad's proposed sukuk programmes as follows: - RM3.5 billion Islamic Medium-Term Notes (IMTN)/ Perpetual Sukuk Programme with a sublimit of RM1.5...
Apr 30, 2025
MARC RATINGS ASSIGNS PRELIMINARY RATINGS TO S P SETIA'S PROPOSED SUKUK PROGRAMMES MARC Ratings has assigned preliminary ratings to S P Setia Berhad's proposed sukuk programmes as follows: - RM3.5 billion Islamic Medium-Term Notes (IMTN)/ Perpetual Sukuk Programme with a sublimit of RM1.5...
Apr 29, 2025
MARC RATINGS REVISES SINAR KAMIRI'S RATING OUTLOOK TO POSITIVE MARC Ratings has revised its rating outlook on Sinar Kamiri Sdn Bhd's outstanding RM170.0 million ASEAN Green Sustainable and Responsible Investment (SRI) Sukuk Wakalah to positive from stable. Concurrently, the AA-IS rating on the...
Apr 29, 2025
We refer to our announcement dated 18th April 2025 and wish to inform that the Issuer had on 25th April 2025 issued the notice to the Sukuk Trustee informing that it will early redeem in full all outstanding Green SRI Sukuk under the Islamic Medium Term Notes Programme of up to a nominal amount...
Apr 22, 2025
As Facility Agent of the abovementioned ASEAN Green SRI Sukuk Programme, we hereby announce on behalf of the Issuer that the profit payment for the ASEAN Green SRI Sukuk Wakalah (stock code: VI240114) will be due and payable on 6 May 2025. Please be notified accordingly. *** DISCLAIMER *** ...
Apr 10, 2025
RAM Ratings affirms RP Hydro's AA3/Stable sukuk rating RAM Ratings has affirmed the AA3/Stable rating of RP Hydro (Kelantan) Sdn Bhd's (RP Hydro) RM975 mil ASEAN Green SRI Sukuk (2023/2043) (Senior Sukuk). The rating reflects the transaction's expected sturdy cashflow coverages reflecting...
Mar 28, 2025
As Facility Agent of the abovementioned ASEAN Green SRI Sukuk Murabahah Programme, we hereby announce on behalf of the Issuer that the profit payment for the following stock codes will be due and payable on 14 April 2025. 1) Tranche 1 Series 1 Sukuk Murabahah (stock code: VS230270) 2) Tranche...
Mar 26, 2025
We, the Facility Agent, received a notification from Malaysian Trustees Berhad (Sukuk Trustee) today, 26 March 2025 that a Sukukholders meeting will be convened by the Issuer on 18 April 2025 at 3.00 pm at UiTM Holdings Sdn Bhd, Level 11, Block A, Dataran PHB, Saujana Resort, Section U2, 40150...
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reNIKOLA Solar Sdn Bhd 1366812MIssuance Date - 11 May 2021 |
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UiTM Solar Power Dua Sdn Bhd 650095WIssuance Date - 5 March 2021 |
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Cagamas BhdIssuance Date - 26 October 2020 |
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.png?width=100&height=100&ext=.png "Solar Management (Seremban) Sdn Bhd 1022517K")
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Solar Management (Seremban) Sdn Bhd 1022517KIssuance Date - 21 Oct 2020 |
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Ihsan Sukuk Berhad 1117716PIssuance Date - 18 Jun 2015 |
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Tadau Energy Sdn Bhd 1148988KIssuance Date - 27 Jul 2017 |
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Quantum Solar Park (Semenanjung) Sdn Bhd 1200950DIssuance Date - 6 Oct 2017 |
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PNB Merdeka Ventures Sdn. Bhd 517991AIssuance Date - 29 Dec 2017 |
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Segi Astana Sdn Bhd 916663HIssuance Date - 8 Jan 2018 |
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Sinar Kamiri Sdn Bhd 851378XIssuance Date - 30 Jan 2018 |
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UiTM Solar Power Sdn Bhd 1211613PIssuance Date - 27 Apr 2018 |
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HSBC Amanah Malaysia Berhad 807705XIssuance Date - 2 Oct 2018 |
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Pasukhas Green Assets Sdn Bhd 1293491HIssuance Date - 28 Feb 2019 |
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Telekosang Hydro One Sdn Bhd 1242773KIssuance Date - 6 Aug 2019 |
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Cypark Ref Sdn Berhad 1287000TIssuance Date - 11 Oct 2019 |
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Edra Solar Sdn Berhad 1057995UIssuance Date - 11 Oct 2019 |
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Leader Energy Sdn Bhd 1234122XIssuance Date - 16 July 2020 |
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Agroto Business (M) Sdn Bhd 201201000811Issuance Date - 5 August 2021 |
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Several incentives are provided to encourage the issuances of SRI sukuk in the market. These include the income tax deduction on the issuance costs of SRI sukuk which was first provided from the year of assessment (YA) 2016 to YA 2020, and has now been extended for three years from YA 2021 to YA 2023.
A Green SRI Sukuk Grant Scheme was also established to incentivise issuers by offsetting up to 90% of external review costs incurred in the issuance of green SRI sukuk. For more information on the application for the Green SRI Sukuk Grant Scheme, please refer to here
