Air Selangor Wins Best SRI Sukuk - Water Award at 2026 Islamic Finance Awards
Air Selangor, in partnership with CIMB Investment Bank, secured the Best SRI Sukuk - Water award for its RM1.5 billion Sukuk Kelestarian issued in October 2025. The transaction attracted RM3.77 billion in orders, indicating strong market confidence in sustainable water financing.
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Air Selangor, alongside CIMB Investment Bank, received the Best SRI Sukuk - Water award at The Asset Triple A Islamic Finance Awards 2026, recognizing their RM1.5 billion Sukuk Kelestarian issued in October 2025. The issuance attracted RM3.77 billion in orders, reflecting 2.51 times oversubscription, with proceeds supporting projects under the Sustainable Development Sukuk Kelestarian Framework.
This issuance is part of Air Selangor's RM20 billion Sukuk Murabahah Programme, rated AAA/Stable and P1 by RAM Ratings. In July 2026, Air Selangor revised its framework to support Blue, Green, Social, and Sustainability Sukuk, earning a Platinum Sustainable Finance Rating. This recognition strengthens Air Selangor's credibility in the Islamic capital market and its commitment to providing clean water to 9.62 million consumers.
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