Published in April 2024, this guide is the result of a collaboration between the International Capital Market Association (ICMA), the Islamic Development Bank (IsDB), and the London Stock Exchange Group (LSEG). It builds on the existing global market standards underpinning the sustainable bond markets: the Green Bond Principles (GBP), Social Bond Principles (SBP), Sustainability Bond Guidelines (SBG), and Sustainability-linked Bond Principles (SLBP) provided by ICMA, collectively known as "the Principles".

The guide offers an introduction to sukuk, highlighting the strong synergies between Islamic finance and sustainable finance. It details the eligible project categories for green, social, and sustainable sukuk, aligned with the ICMA Principles. Practical steps for issuing a sustainable sukuk are also presented.

In the annex, the guide features case studies of recent sustainable sukuk issuances, a quantitative overview of the market, a presentation of different sukuk structures, and the typical issuance process for sustainable bonds applicable to sustainable sukuk.

This comprehensive and educational guide is a valuable resource for all stakeholders looking to engage in the growing sustainable sukuk market, whether as an issuer, investor, or arranger. It contributes to demystifying this still little-known asset class and promoting its development in line with the highest standards of transparency and integrity.