Archive

  • 'Significant' sustainable sukuk growth potential as 2024 starts strongly

    08 May 2024

    Sustainable sukuk issuance in the first three months of 2024 reached record levels after a ground-breaking 2023 for issuance, and market experts argue greater market confidence is set to support the further growth potential for the sustainable Islamic bond market.

  • More money market funds are Article 8, but fewer put ESG in the name

    24 April 2024

    Nearly three-quarters of European money market funds (MMFs) are now classified as Article 8 under the EU's Sustainable Finance Disclosure Regulation (SFDR),...

  • Saudi Arabian green finance framework an 'important but controversial step'

    02 April 2024

    The Kingdom of Saudi Arabia has published its green financing framework, opening the door to major oil exporter issuing sovereign green bonds and sukuk.

  • Nature poses credit risk to Asian sovereigns

    05 January 2024

    Nature-related risks such as flooding or cyclones pose a major credit risk to south and southeast Asian sovereigns, Fitch Ratings has warned.

  • Sustainable sukuk 'to nearly double market share in five years'

    30 October 2023

    Fitch Ratings said that sustainable sukuk could grow to be 7.5% of the overall sukuk market by 2028, up from 4% at the end of the third quarter.

  • Coal companies struggling to finance transition, says Fitch

    27 June 2023

    Many coal companies in Asia are struggling to raise finance to transition their businesses, while coal is still seen as a strong opportunity, Fitch has said.

  • Sustainable Fitch 'to launch transition assessment'

    27 June 2023

    Sustainable Fitch is to launch a transition assessment for high-emitters this week, Environmental Finance has learned.

  • PPC: Transition commitment prevented 'forced selling' of SLB, says Barclays

    28 April 2023

    The clear transition commitment outlined by Public Power Corporation (PPC) appears to have helped avoid "forced selling" of its sustainability-linked bond (SLB) after a target failure,...

  • Article 8 funds set to increase in 2023, says Fitch Ratings

    13 April 2023

    The number of EU 'Article 8' sustainable funds is expected to "moderately increase" over the next year - despite stricter eligibility requirements, Fitch Ratings has said.

  • Taking sustainable sukuk to the next level

    14 March 2023

    Islamic financiers are hoping to capitalise on growing international ESG demand, Fitch Ratings' Bashar Al-Natoor tells Genevieve Redgrave