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CIMB Islamic Onboards MTT Shipping Onto Shariah-Compliant Sustainability-Linked

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  • 27 Jun 2023
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CIMB Islamic Onboards MTT Shipping Onto Shariah-Compliant Sustainability-Linked Treasury Programme

CIMB Islamic Bank Bhd has onboarded local carrier MTT Shipping Sdn Bhd onto its sustainability-linked Treasury programme. In a statement, CIMB said the programme attracts clients that are looking to embed their environmental, social and governance aspirations into longer-term treasury solutions offered by the bank. CIMB added that MTT Shipping is entitled to receive a sustainability-linked reward based on the achievement of ambitious Sustainability Performance Targets, which are subjected to stringent independent third party verification.

Source: The Star