«أسواق المال»: إلزام الشركات بمعايير الاستدامة سيكون تدريجياً والبداية بالسوق الأول
Check out my latest news feature on Kuwait’s AlJarida Newspaper for my contributions to the Capital Markets Authority – Kuwait conference on 17 January.
Moderated by Kareem Abu Eid, MBA, RSM, alongside my co-panelists Abdulrahman Al-Failakawi, CFA, Capital Markets Authority – Kuwait and Jennifer Suleiman, Zain Kuwait I discussed:
🎯 Global Stocktake (GST) pledged by 200 countries to shift from fossil fuels and invest in renewable energy sources, will have a direct impact on the GCC and Kuwait. This will only increase with carbon tax policies worldwide.
🎯 The Monetary Authority of Singapore (MAS) supports transition finance investments with carbon-intensive entities. This requires rigorous auditing and transparent documentation of claims to avoid greenwashing. Indicating the importance of ESG reporting.
🎯 Islamic finance is adopting Shariah compliant ESG standards (Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)) and Green Sukuk Shariah compliant investments.
🎯 Kuwait is well positioned for Shariah ESG compliance as Kuwait Finance House’s (KFH) acquisition of Ahli United Bank, made it the biggest Islamic banking institution with 118 Bn AUM.
👉 Read it here (Arabic): https://lnkd.in/dX7-YNhh
👉 Read it here (English): https://timeskuwait.com/cma-organizes-awareness-event-to-educate-kse-listed-companies/
#esgreporting #kuwait #transitionfinance
