Asia and the Pacific

Asia and the Pacific

Waqf, Zakat Mechanism Can Make Houses More Affordable: Amiruddin

The government is currently looking into various avenues in Islamic finance -- including waqf and zakat -- which can be used to make houses...

South Korea to Invest over $380M for Blockchain Research and Development

South Korea’s ministry of science and technology has plans to invest 450 billion won (~$382 million) for blockchain research and development. The agency would invest...

$2.2trn: the Size of the World’s Islamic Economy

Muslims spent $2.2 trillion in 2018 across the food, pharmaceutical and lifestyle sectors that are impacted by Islamic faith-inspired ethical consumption needs, according to...

EBRD to Improve the Use of Water, Energy and Land Resources...

The European Bank for Reconstruction and Development (EBRD) on 21 November launched the Green Economy Financing Facility (GEFF) Tajikistan, which will give better access...

Awareness of Social, Environmental Benefits of Green Bonds Stressed

Lack of awareness of issuers and investors regarding social and environmental benefits of green bond was one of the major challenges in the way...

Pak-Qatar General Takaful Signs Agreement with Emaan

Pak-Qatar General Takaful recently signed an agreement with Emaan Islamic Bank (Islamic window Banking operations of Silk Bank) to offer Personal Accident Takaful and...