The Securities Commission Malaysia (SC) recently announced the expansion of the sustainable and responsible investment (SRI) sukuk and bond grant scheme to facilitate sustainable finance.

The grant scheme, which was originally made applicable to sukuk issued under the SC's SRI Sukuk Framework and bonds issued under the Association of Southeast Asian Nations green, social and sustainability bond standards, has been expanded to include companies issuing sukuk under the SC's Sustainable and Responsible Investment linked (SRI-linked) Sukuk Framework.

Eligible issuers under the SRI-linked Sukuk Framework will be eligible to apply to offset up to 90% of the external review costs incurred, subject to a maximum of 300,000 ringgit per issuance.

For further information on this topic please contact Pamela Kung at Shearn Delamore & Co by telephone (+60 3 2027 2911) or email ([email protected]). The Shearn Delamore & Co website can be accessed at