{
  "id": 6937915,
  "title": "SC proposes sukuk framework for climate resilience",
  "url": "https://urgent.news/2026/09/12/sc-proposes-sukuk-framework-for-climate-resilience",
  "topic": "world",
  "section": "World",
  "published": "2026-09-12T14:28:14.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/news/nation/2026/09/1531405/sc-proposes-sukuk-framework-climate-resilience"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Securities Commission (SC) of Malaysia has proposed a new framework called Sukuk Prisma SDG, designed to mobilise capital for climate adaptation, resilience and sustainable development. This proposed sukuk framework, which will be Shariah-based and aligned with the SC's Maqasid al-Shariah Guidance, is intended to build upon Malaysia's existing Sustainable and Responsible Investment (SRI) sukuk framework. The initiative was unveiled at the 17th SC-Oxford Centre for Islamic Studies (OCIS) Roundtable 2026, held in Oxford, United Kingdom, and aims to focus on non-ringgit sukuk issuances that translate national priorities into clear, credible, and globally recognisable purposes under the United Nations Sustainable Development Goals (SDGs). Malaysia, located in a climate-vulnerable region, has suffered over US$2.2 billion (RM8.95 billion) in losses from floods over the past five years, highlighting the need for stronger market infrastructure and clearer adaptation-focused frameworks to measure and verify outcomes.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}