Launch Partners

Thursday, July 18, 2024

Launch Partners

Fostering Green Credentials: Key Funding Considerations & Options for Islamic Sustainable Issuers

ESG and sustainability continue to dominate issuer funding strategies. What is a realistic assessment of the instruments and routes on offer to Shariah compliant green issuers, from green bonds and Sukuk, to transition instruments, to sustainable and sustainability linked products? What are key strategic considerations for green bonds and Sukuk issuers: proceeds; process for project evaluation; management of proceeds; reporting; and external review. Why are these metrics so important to issuers and investors alike? With ESG and sustainability influence continuing to grow in the Islamic capital markets issuance, when will we see the enhanced measurement of impact? Do enough issuers engage independent third parties to measure and assess claims of sustainable, green and social credentials, and how can this be increased? How do we fund clean energy, sustainable activities and important concepts such as food security through an effective, liquid Islamic capital market?

Colin Chen
Head of ESG Finance APAC, MUFG Bank
Mohd Ekmal Mohd Zazi
Regional Head, Islamic Wholesale Banking, CIMB Islamic Bank
Mushtaq Kapasi
Managing Director, Chief Representative Asia-Pacific, International Capital Market Association (ICMA)
Nicholas Gandolfo
Director – Sustainable Finance Solutions, Sustainalytics
Vinie Chong Pui Ling
Group Chief Financial Officer, Cenergi SEA

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