Income tax exemptions are provided for the scheme recipients for five years until 2025
22 Jan 2021 |
The Asset
The Securities Commission Malaysia (SC) on January 21 announced the expansion of its Green Socially Responsible Investment (SRI)
Sukuk Grant Scheme to encourage more companies to finance green, social and sustainability projects through SRI
sukuk and bonds issuance.
Sukuk and Bond Grant Scheme and applicable to all
sukuk issued under the SC’s Sustainable and Responsible Investment
Sukuk Framework or bonds issued under the Asean Green, Social and Sustainability Bond Standards (Asean Standards).
With a size of 6 million ringgit (US$1.48 million), the Green SRI
Sukuk Grant Scheme was established in 2018 to assist issuers in defraying up to 90% of the external review costs for green SRI