Islamic financial institutions ahead of curve in integrating ESG, says CIIF

Islamic financial institutions in Malaysia are ahead of the curve when it comes to integrating environment, sustainability and governance (ESG) with the introduction of the Value-Based Intermediation (VBI) initiative by Bank Negara Malaysia in 2017.

According to a Chartered Institutes of Islamic Finance’s (CIIF) recent webinar on the ESG agenda in financial services, the adoption of ESG would bring immense benefits to consumers and investors, as well as to the preservation of environment.

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