Bursa Malaysia Bhd on Friday (Dec 9) launched the Bursa Carbon Exchange (BCX), which is a voluntary carbon market (VCM) and the world’s first shariah-compliant carbon exchange. The first trade via auction on the BCX is expected to commence in March 2023.
<p><span>Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today announced the launch of Malaysia’s pioneer voluntary carbon market with the introduction of the Bursa Carbon Exchange (“BCX” or “Carbon Exchange”) at an event officiated by the Minister of Natural Resources, Environment & Climate Change, YB Tuan Nik Nazmi Nik Ahmad. The BCX is the first Shariah-compliant carbon exchange in the world, diversifying the product universe for ESG and Shariah compliant products.</span></p>
KUALA LUMPUR: CEO Action Network (CAN), Malaysia’s first sustainability-focused informal coalition of leading chief executive officers (CEOs) and senior corporate decision-makers has appointed Bursa Malaysia Bhd CEO Datuk Muhamad Umar Swift as chairperson of its steering committee.
Bursa Malaysia CEO takes over as chairperson of CEO Action Network malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.