Asia and the Pacific

Asia and the Pacific

Banks Well Capitalised to Withstand Stresses

Banks in Malaysia are well capitalised to withstand stresses on asset quality, according to RAM Ratings. In its Banking Scoreboard report, the ratings agency...

FWD Takaful Launches Two New Medical Riders, Extensions that Cover Covid-19...

FWD Takaful Berhad has unveiled two new medical plans that offer comprehensive and flexible coverage. The FWD Medical Rider and FWD Medical Executive Rider plans...

Bank Islam Raises Bank Capital

Bank Islam Malaysia has successfully issued its second tranche of 400-million-ringgit (US$92 million) subordinated sukuk murabaha under its 10-billion-ringgit sukuk murabaha programme. Issued on...

Escalating Fiscal Deficit: Pakistan’s Cabinet Approves Domestic Sukuk Bond for Generating...

The federal cabinet on Tuesday approved launching domestic Sukuk bond for generating Rs700 billion for financing the escalating budget deficit and meeting the increasing...

Japan’s GPIF Partners with Dutch Ministry in Green Bonds Move

The Government Pension Investment Fund (GPFI) of Japan has teamed with the Dutch Ministry of Finance to issue sustainability bonds following arrangements with two...

LBS Bina Issues 1st Tranche of Perpetual Sukuk Worth RM130m

LBS Bina Group Bhd has issued a RM130 million perpetual Sukuk Musharakah to, among others, refinance its financing and borrowings, as well as fund...