With the successful debut Green Sukuk and Sustainability Sukuk issuances in 2019 and 2020 respectively, the Islamic Development Bank (IsDB) has led the evolution of the Islamic capital markets as well as markedly enhanced the profile of Sukuk as a financial instrument that can contribute to a sustainable recovery from the COVID-19 pandemic. This was exemplified by the Sustainability Sukuk, the proceeds of which were exclusively deployed towards IsDB projects under ‘SDG-3: Good Health and Well-Being’ and ‘SDG-8: Decent Work and Economic Growth’.

In this virtual event, panelists will present the landscape and the process of issuing Labelled Sukuk in order to finance the SDGs in the context of IsDB Member Countries (especially Uzbekistan, the host country for this year’s Annual Meetings), discuss market trends and share the experience of global best practices and industry standards with respect to Green, Social and Sustainability bonds/Sukuk.