KUALA LUMPUR, 4/6/2021 – HSBC Amanah Malaysia Berhad (HSBC Amanah) has launched its first Islamic Green Trade Finance proposition with the issuance of a Green Bank Guarantee for Cenergi SEA Sdn Bhd (Cenergi), the largest grid-connected biogas-to-energy player in Malaysia.
The Islamic Green Trade Finance proposition – which includes Islamic trade finance products such as the Islamic Documentary Credit, Bank Guarantee and Clean Import Financing – adheres to the HSBC Sustainable Trade Instrument Principles and the Green Loan Principles. Both principles promote the integrity and transparency of green trade finance products by setting the standard for ‘green’.
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