Archive

Sustainable sukuk 'powerful enabler' for transition

The UN has called for the development of common sustainable sukuk standards and a focus on closing the "knowledge gap" among global investors in order to unlock the potential of Islamic bond markets for supporting the climate transition.

More realism about sustainability-linked products is needed, says Barclays

Amidst continuing concern about greenwashing in sustainability-linked products, Barclays has told Environmental Finance that the market needs to be realistic about what these products are aiming to achieve.

Commercial Bank of Ceylon plans LKR15bn green bond 'Tier 2' debut

The Commercial Bank of Ceylon (ComBank) is planning to raise up to LKR15 billion ($50 million) from its inaugural green bond, believed to be only the third sustainable bond issuance in the country and the first issued as a 'Tier 2' bond.

2025 growth expected for 'hard to miss' sustainable sukuk market

The sustainable sukuk market is forecast to continue to build on recent growth in 2025 as it becomes increasingly "hard to miss" for issuers and international investors, according to Fitch Ratings.

Sustainable sukuk market on 'promising upward trajectory'

The sustainable sukuk market is on track for another strong 2024 for issuance as the Islamic finance instrument increasingly attracts debut issuers, regulatory support, and international investors.

DFCC Bank preparing first green bond in Sri Lanka

US natural gas risks downgraded, as Fitch updates transition scores

Fitch Ratings has updated its Climate Vulnerability Signals (Climate.VS) with changes for the nuclear, natural gas power and meat sectors among others.

'Promising' future for sustainable sukuk as record 2024 on track

Medium-term growth in sustainable sukuk issuance remains "promising" amid a record-breaking start to 2024 for the sustainable Islamic bond market, with some key markets seeing almost half of total sustainable bond issuance in sukuk format.

'Significant' sustainable sukuk growth potential as 2024 starts strongly

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

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