Transition sukuk: Difference between revisions
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''Climate change - transition - financing - Sharia-compliant finance - sukuk''. | ''Climate change - transition - financing - Sharia-compliant finance - sukuk''. | ||
A transition sukuk is a Sharia-compliant instrument to enable an activity or business that is currently a large emitter of greenhouse gases, to: | A transition sukuk is a Sharia-compliant financing instrument to enable an activity or business that is currently a large emitter of greenhouse gases, to: | ||
*Reduce its emissions significantly | *Reduce its emissions significantly | ||
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* [[Fossil fuel]] | * [[Fossil fuel]] | ||
* [[Greenhouse gas]] | * [[Greenhouse gas]] | ||
* [[IFRS Foundation]] | |||
* [[Paris Agreement]] | * [[Paris Agreement]] | ||
* [[Sharia-compliant finance]] | * [[Sharia-compliant finance]] | ||
* [[Sukuk]] | * [[Sukuk]] | ||
* [[TCFD Recommendations]] | * [[TCFD Recommendations]] | ||
* [[Transition]] | * [[Transition]] | ||
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[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
[[Category:Financial_products_and_markets]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Investment]] | [[Category:Investment]] | ||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category: | [[Category:The_business_context]] | ||
Latest revision as of 13:20, 2 March 2025
Climate change - transition - financing - Sharia-compliant finance - sukuk.
A transition sukuk is a Sharia-compliant financing instrument to enable an activity or business that is currently a large emitter of greenhouse gases, to:
- Reduce its emissions significantly
- In alignment with the Paris Agreement
- Aviation's first transition sukuk
- "Judges also praised the aviation sector’s first-ever sustainability linked financing – which also happened to be wrapped up in the industry’s first-ever transition sukuk.
- Raising $600m and securing the $300m early repayment of a 2021 debt maturity, Etihad’s deal is supporting the firm’s efforts in three emissions-reduction work streams: (1) sustainable aviation fuels, (2) voluntary carbon offsets and (3) operational efficiencies.
- Last year, the airline operated four flights using synthetic fuels."
- ACT Deals of the Year Awards 2020 - highly commended - Etihad Airways
