Sustainable Finance Evolution: Shariah-Compliant Voluntary Carbon Exchange Leads the Way

Bursa Malaysia Berhad (“Bursa Malaysia”) celebrated a major milestone as its subsidiary, Bursa Carbon Exchange (“BCX”), entered the realm of trading and facilitating off-market transactions for carbon credits. Impressively, on the second day of trading, ten companies spanning various industries engaged in transactions amounting to 16,500 Verra-registered carbon credits. This noteworthy activity signals an auspicious…

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VCM Handbook Launch: Bursa Malaysia’s Initiative Towards a Greener Financial Landscape

During the Bursa Malaysia Carbon Market Forum 2023, key stakeholders highlighted the significance of the Voluntary Carbon Market (VCM) Handbook for Malaysia. The handbook launch was a focal point, indicating the nation’s commitment to environmental sustainability and its drive to engage businesses and industries in carbon reduction efforts, aligning with global sustainability goals. The VCM…

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