Leveraging Sukuk Markets for Transition to A Green Economy

4 June 2022; 9:00 – 11:00 AM

Venue: Tonino Lamborghini International Convention Center Sharm El Sheikh (Suez Canal Hall)


In line with the aspirations of Egypt for achieving the Sustainable Development Goals (SDGs), the event will seek stakeholders’ input for the future of Green Sukuk and similar thematic Sukuk in light of IsDB’s debut Green Sukuk issuance, Egypt’s debut Green Bond issuance and the recovery from COVID-19. The Green Sukuk issuance is a success story waiting to be embraced by financial institutions and governments alike, for focusing their resource-mobilization mechanisms towards such thematic Sukuk in order to drive more capital towards the financing of the SDGs in IsDB Member Countries (MCs), with a particular focus on driving green economic growth. The event, which ties in with one of the Key Focus Areas of IsDB – driving green economic growth in MCs – also aims to raise further awareness of Sukuk as a fixed income investment tool and highlight the additional impact achieved through Green Sukuk.


  1. Distinction between Sukuk and traditional bonds and their practical market application.
  2. How can MCs, financial institution, and other stakeholder issue Sukuk, as well as labeled options such as green, social, sustainability or the traditional Sukuk?
  3. What was the Bank’s experience in issuing green and sustainability Sukuk and what were the key lessons? What are the key recommendations and insights from Egypt’s debut green bond? How can member countries benefit from IsDB’s and Egypt’s experience and practical recommendations on issuing green Sukuk and expand into sustainability issuances?
  4. How are MCs addressing financing requirements and needs of their SDG goals, climate change targets (NDCs), and net zero commitments?
  5. What is the role of governance (cross ministerial) and regulators in supporting Green Sukuk issuance and experience sharing on establishing regulatory frameworks in member countries?

  • Speakers
    • H.E. Perry Warjiyo

      H.E. Perry Warjiyo is the Governor of Bank Indonesia (BI). Prior to this appointment, he has also served as Deputy Governor, Assistant Governor for Monetary, Macroprudential and International Policy and the Executive Director of the Economic Research and Monetary Policy Departments.

    • H.E. Dr. Mohamed Ahmed Maait

      H.E. Dr. Mohamed Ahmed Maait is the Minister of Finance of Egypt. Prior to this, he was the Vice Minister of Finance for Public Treasury Affairs & Head of the Economic Justice Unit in the Ministry of Finance.

    • H.E. Dr. Zainab Shamsuna Ahmed

      H.E. Dr. Zainab Shamsuna is the Minister of Finance of Nigeria, the largest economy in Africa. She has served the Nigerian republic in other high-ranking positions as well, including being the Managing Director of Kaduna Investment Company Ltd., Chief Finance Officer of the Nigeria Mobile Telecommunications Limited (MTEL) and Executive Secretary and National Coordinator of the Nigeria Extractive Industries Transparency Initiative (NEITI).

    • Guly Sabahi

      Guly Sabahi is Senior Advisor, Climate Finance, for the NDC Partnership Support Unit. Working across both the NDC Partnership's Country Engagement and Knowledge and Learning teams, Guly focuses on providing strategic advice and thought leadership to the climate finance efforts of the NDC Partnership to facilitate private sector investment for the implementation of the NDCs. Guly has 20 years of experience advising private sector and public sector clients on energy and infrastructure projects internationally, particularly in emerging markets.

    • Issam Abousleiman

      Issam Abousleiman is the Regional Director (GCC Countries) at the World Bank. He started his career at the World Bank in the Loans Department in 1989, and has since held various positions across the institution, including Head of Financial Advisory and Banking at the World Bank Treasury and Principal Investment Officer in the Banking & Debt Management Department.

    • Moderator – Mohammad Dawood

      Mohammad Dawood is the Global Head of Islamic Finance at HSBC based in Dubai. He has held this role since 2007 and is responsible for all cross-border Islamic financing for HSBC. He has been involved in Islamic finance since 1998.