Bursa Malaysia Inks MOU With HSBC Amanah Berhad for Strategic Collaboration in Shariah-compliant Sustainability Financing

The Exchange will collaborate with HSBC Amanah in developing sustainability-linked Islamic financial products as well as ESG solutions aligned to the FTSE4Good ratings model and datasets for eligible PLCs. PLCs in the FTSE Bursa Malaysia EMAS index, which makes up the FTSE4Good ESG assessment universe, will have the opportunity to tap into HSBC Amanah’s Shariah-compliant ESG offerings while enabling them to accelerate their ESG adoption. This would help improve their ESG ratings for inclusion into the FTSE4Good Bursa Malaysia Index, the Malaysian capital market’s leading ESG index. In addition, for Shariah-compliant PLCs, it will be an opportunity for them to be included into the FTSE4Good Bursa Malaysia Shariah Index, which was introduced in July 2021.

For more details, please see the attached the media statement.