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Royal Group inks Islamic green loan of $250 mil from Maybank for Sentosa hotels

Felicia Tan
Felicia Tan • 3 min read
Royal Group inks Islamic green loan of $250 mil from Maybank for Sentosa hotels
The loan is the world’s first Islamic green loan in the hospitality sector.
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The Royal Group of Companies has obtained the world’s first Islamic green financing in the hospitality sector of $250 million.

The loan, which was obtained from Maybank Singapore, is for the upcoming Raffles Sentosa Resort & Spa Singapore and the current Sofitel Singapore Sentosa Resort & Spa.

The loan is also the Royal Group’s first foray into sustainability finance.

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green loan
green financing
Shariah compliant
Royal Group
islamic green loan
Maybank Singapore

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