KUALA LUMPUR, Nov 30 — There is a big opportunity to develop more blue sukuk in Asia to support the growth of the blue economy, said United Nations Global Compact Network Malaysia and Brunei chairperson Ramesh Kana.
He said creating blue sukuk, which includes finance initiatives that conserve ocean resources and facilitate sustainable development in coastal regions, will not only help to ensure protection and sustainable use of oceans through investment in the blue economy but also help to build ocean resilience.
“The opportunity for blue sukuk is the same as green sukuk, where it is growing in terms of strength and volume.