green-sukuk-working-group

Talking green sukuk at World Future Energy Summit @AbuDhabi: race is on for 1st issuer. Concept marries rapidly growing Islamic finance market with surging green bond market

Submitted on Tue, 2015-01-20 21:35

Today, I’ve been speaking at the World Future Energy Summit in Abu Dhabi about the potential for green sukuk. A few years ago, if I had said “energy investment” and “the Middle East” in the same sentence, your thoughts would probably spin to oil and gas rather than solar and wind. But there are now some huge renewable energy developments and plans around.

Green Sukuk Working Group launched to support finance for climate change investment projects

Submitted on Mon, 2012-03-05 02:16

DUBAI, 5 March 2012 – The Climate Bonds Initiative, the Clean Energy Business Council of the Middle East and North Africa and The Gulf Bond & Sukuk Association today announced they have launched a Green Sukuk Working Group. The group aims to channel market expertise to develop best practices and promote the issuance of sukuks for the financing of climate change investments and projects, such as renewable energy projects.