null How sukuk issuances are riding the wave of ESG
How sukuk issuances are riding the wave of ESG
4 Aug 2022 | Thursday Source: Asian Investor
At the heart of Islamic bonds or sukuk is the idea of responsible investing, little wonder, then, that it should be finding its place in the world of sustainable investment.
The demand for sukuk, commonly known as Islamic bonds, is expected to continue with its steady growth as more investors look for opportunities that are aligned with environmental, social and governance (ESG) investing and that also deliver stable income.
A sukuk is a shariah-compliant bond used in Islamic finance. Unlike conventional bonds, sukuk involves direct asset ownership and does not derive its income from interest payments or speculative activities.