The Bursa Carbon Exchange (BCX) is Malaysia’s voluntary carbon market exchange (VCM), and the first Shariah-compliant carbon exchange in the world. The voluntary carbon exchange is operated by Bursa Malaysia, one of the largest exchanges in ASEAN. The BCX is a global spot exchange that enables corporates to take practical climate mitigation action through the trading of carbon credits from projects with measurable climate action outcomes that adhere to the international standards.