Masraf Al Rayan launches sustainable financing framework ...Qatar

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Masraf Al Rayan launches sustainable financing framework
Masraf Al Rayan has launched its sustainable financing framework to further its environment, social and governance (ESG) agenda. The launch of the framework, the first of its kind at an Islamic bank in Qatar, will enable Masraf Al Rayan to offer ESG-linked funding opportunities to investors and apply those proceeds to finance ESG-compliant sustainable projects. Global credit rating agency S&P assessed the bank’s framework as “strong” in its ESG criteria, as part of an independent second party opinion. In a bid to become a key sustainability player in Qatar, Masraf Al Rayan has set up its strategy in alignment with the Qatar Financial Centre’s (QFC) newly-launched sustainable sukuk and bo

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