DSE, IIX sign mou to advance orange bonds and sukuk

Date:

Post View:

DSE, IIX sign mou to advance orange bonds and sukuk

B Mirror Report: Dhaka Stock Exchange PLC (DSE) and Impact Investment Exchange (IIX) on Sunday signed a memorandum of understanding (MoU) to jointly introduce and promote Orange capital instruments such as Orange Bonds and Sukuk within Bangladesh’s capital market.

The agreement was formalised at the DSE boardroom by DSE Managing Director Nuzhat Anwar and IIX Founder and CEO Durreen Shahnaz.

Under the deal, DSE will assess the potential for listing Orange Bonds and Sukuk under a dedicated thematic or sustainable finance segment, subject to regulatory clearance. The move is designed to establish Orange instruments as credible thematic debt securities in the domestic capital market.

Representing the colour of United Nations Sustainable Development Goal 5 (SDG 5) on gender equality, the Orange Movement aims to mobilise $10 billion globally at the nexus of gender equality and climate action.

Nuzhat Anwar said capital markets play a crucial role in directing long-term financing toward national development priorities, adding that the partnership underscores DSE’s commitment to broadening the market and advancing sustainable financial products that generate measurable social and environmental impact alongside financial returns.

Prof Durreen Shahnaz noted that Bangladesh is at a pivotal stage in aligning its financial system with inclusive growth objectives. She expressed optimism about working with DSE to expand the Orange capital market, promoting gender equality and climate resilience while enhancing trust, transparency and accountability in the financial sector.

The collaboration will merge IIX’s international expertise in impact investing and gender-lens finance with DSE’s central position in shaping Bangladesh’s capital market landscape.

The MoU also includes joint advocacy and promotional efforts, as well as capacity-building programmes such as workshops, investor outreach initiatives and policy discussions with regulators, financial institutions and development partners. All initiatives will be conducted in accordance with Bangladesh’s regulatory framework and subject to approval from the relevant authorities.

Established in 2009, IIX operates across 60 countries and has mobilised nearly $500 million in private capital, positively impacting more than 185 million lives and preventing over 1.9 million metric tons of carbon emissions through impact-focused financing.

Senior officials from both organisations and representatives of market intermediaries attended the signing ceremony.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Stocks rebound as bargain hunters return amid caution

B Mirror Report: Stocks edged higher today following recent...

Fuel Ship Berthing Prioritized at Chattogram Port

B Mirror Report: There are currently 14 fuel-carrying ships...

BB eases capital repatriation, share transfers for NRIs

B Mirror Report: Bangladesh Bank has streamlined share transfers...

BB Directs banks to ensure smooth Eid transactions

B Mirror Report: Bangladesh Bank has asked commercial banks...