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Saturday, May 4, 2024

Launch Partners

Renewable energy company reNIKOLA to issue Sukuk certified as climate bonds in August, Reuters reports

MALAYSIA: Renewable energy company reNIKOLA plans to issue a Sukuk facility that will be certified as climate bonds worth RM390 million (US$85.32 million) in August, reported Reuters. Certified climate bonds are bonds whose assets and projects contribute to a low-emission economy.

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