WIF 2021: Green Islamic Finance (Green Sukuks)

WIF 2021: Green Islamic Finance (Green Sukuks)

21 Oct, 2021
Online

For more information, please contact the SSE team.

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Islamic finance has witnessed a rapid growth in recent years. In 2019, the value of Islamic banking assets was estimated to be around US$1.99 trillion. Within this area of finance is growing interest in environmentally themed products. “Green Sukuk” are Shari’ah compliant investments in renewable energy and other environmental assets. Proceeds are used to finance construction, to refinance construction debt, or to finance the payment of a government-granted green subsidy. They may involve securitizing future income cash flows from ring-fenced projects or assets with specific criteria attached.

 

The webinar took place on 21 October, from 08:30 am to 09:30 am (CEST).

 

This session features a discussion with market participants that are innovating in the area of green Islamic finance. The session also charts the progress to date and seek to provide insight on the future evolution of this space.

 

About WIF

The UNCTAD World Investment Forum (WIF) is the pre-eminent global platform for investment and development. The Forum devises strategies and solutions for global investment and development challenges. The Forum offers a unique opportunity to influence investment-related policymaking, shape the global investment environment, and to network with global leaders in business and politics. For more information and the full programme of events, visit: worldinvestmentforum.unctad.org 

Speakers

  • Zakky Bantan
    Head of Funding, Treasury Department
    Islamic Development Bank
  • Mohamed Rozani Osman
    Senior Financial Sector Specialist
    The World Bank
  • Stella Cox
    Managing Director
    DDCAP Group
  • Samina Akram
    Managing Partner
    Samak Ethical Finance Ltd
  • Blake Goud
    CEO
    RFI Foundation

About the SSE

​The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.