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Malaysia launches world’s first RM118m Climate Sukuk blending Islamic finance, carbon credits and digital innovation
Malaysia has marked another milestone in Islamic finance with the launch of the world’s first 200 million yuan (RM118 million) Climate Sukuk, integrating Shariah principles with green finance, digital tokenisation and carbon credit monetisation. The sukuk, jointly issued by Hong Kong-listed Unity Group Holdings International Ltd and Tek Securities Ltd under the Labuan IBFC framework, was announced at the Global Islamic Finance Forum (GIFF) 2025. [...]