April 18, 2018
Green SRI Sukuk signing ceremony
The UiTM Solar Park I in Gambang cost RM 278 mil. 80% of the project cost was financed via the issuance of RM 222 mil ASEAN Green SRI Sukuk. This Green SRI Sukuk issuance was the first in the world to be issued by a Public University. UiTM's ASEAN Green SRI Sukuk was rated as AA- by MARC. The sukuk issuance also received a second opinion from CICERO with a "Dark Green" rating.