Islamic Finance

ESG to spur demand for green sukuk as sustainable assets top $40 trillion: Moody’s


Published 18 Jul,2021 via Arab News - Economy RIYADH - Demand for green sukuk will benefit from rising global investor appetite for ESG, according to Moody’s ESG Solutions.

It comes as sustainable assets reached $40 trillion in 2020, far in excess of the $2.4 trillion total size of the Islamic financial services industry.

“This illustrates the potential for a much larger pool of investors for green and sustainable Islamic bonds,” Rahul Ghosh, managing director – ESG outreach and research at Moody’s ESG Solutions, told Arab News.

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