Africa

Islamic Microfinance Institution Raouda Finance Launches Its Mutual Fund “Al Baraka”

Raouda Finance, an Ivorian microfinance institution specialized in Islamic financial services, launched a mutual fund named "Al Baraka", which is constituted of securities, debt...

Sukuk Bond: Ministry of Works Receives N100bn for Road Projects

The ministry of Power, Works and Housing has received one hundred billion naira for road projects across the country. The funds are proceeds from a...

Asia and the Pacific

Ping An of China’s Hong Kong Unit to Launch More ETFs...

Ping An of China Asset Management (Hong Kong) plans to introduce as many as four thematic and smart-beta exchange-traded funds (ETFs) this year, adding...

RCBC to Issue Peso-Denominated ASEAN Green Bonds

Rizal Commercial Banking Corp. (RCBC) said Thursday it will be issuing peso-denominated green bond under its recently established green finance framework. In a regulatory filing...

Europe

FTSE Russell Launches Chinese Green Bond Index Series

FTSE Russell, the global index, analytics and data provider, has launched a new index series tracking Chinese green bonds. The FTSE Chinese (Onshore CNY)...

Enel Launches €1 Billion Green Bond

Enel has launched a €1 billion green bond to finance clean energy projects including development of renewable energy projects, smart grid technology and demand...

Middle East and North Africa

QIB Net Profit Jumps 14.5% to QR2.75bn y-o-y in 2018

QIB has posted a net profit of QR2.75bn in 2018, up 14.5% on the year before. In 2017, the leading Islamic bank had earned...

Oil Prices ‘to Shape Sukuk Performance in 2019’

Sukuk market performance in 2019 will likely by dampened by tightening liquidity conditions worldwide, high geopolitical risks in the Middle East, and challenges inherent...

North America

Disrupting Multilateral Climate Finance

A recent report by the United Nations Intergovernmental Panel on Climate Change warns that to avoid the direst consequences of global warming, societies must...

Green Deals

As global warming makes California warmer and drier, its wildfires worsen and more people have died. California has the biggest economy in the United...

South America

Venezuela Wants to Use Petro to Finance Large Housing Program

Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital...

SEACOR Marine Expands Presence in Brazil through a New Joint Venture...

SEACOR Marine Holdings Inc. today announced the acquisition of UP Offshore (Bahamas) Ltd. by a new joint venture company that is 49% owned by...