Complementary relationship with ESG to boost Islamic finance growth — Bursa chairman

Islamic finance has significant global growth potential in line with the growing worldwide movement towards environmental, social and corporate governance (ESG), given their commonalities.

Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said instruments that meet syariah principles also meet ESG requirements due to their common criteria, including legitimate underlying transactions, not speculative in nature and not harmful to mankind, the society and the environment.

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