RAM Ratings sees Malaysia evolving into a sustainable responsible investment (SRI) hub, supported by its prominent global presence in Islamic finance. The rating agency said that the proactive efforts and strong commitment of Bank Negara Malaysia, Securities Commission (SC) and Bursa Malaysia have paved the way for both responsible and green finance to thrive in Malaysia. According to publicly available data from the SC, six SRI or green bond and sukuk programmes – with a cumulative value of US$1.02 billion - were issued between July 27, 2017 and April 27, 2018. RAM said the SRI market is also bolstered by the growing number of domestic and international investors that are actively engaging with corporates on environment, social and governance (ESG) issues.

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