Asia and the Pacific

Asia and the Pacific

Kuwait Finance House Plans to Buy Bahrain AUB in $8.8bn Deal

Kuwait Finance House KSCP offered to buy Bahrain’s Ahli United Bank BSC in an all-share deal that’s valued at about $8.8 billion, Bloomberg reported. The...

AC Energy’s Green Bonds Bag Asean Commendation

AC Energy Inc. has earned distinction for its maiden sale of green bonds from the Association of Southeast Asian Nations (Asean). In a statement on...

iSunOne and the Malaysian Government to Build the World’s First Islamic...

TideiSun Group (iSunOne) announced its partnership with Malaysia Productivity Council (MPC), making the platform the first in the world to work directly with the...

Pakistan’s Stock Market Gets Its First Islamic Financing Instrument

Pakistan Stock Exchange early this month on September 02 launched the Murabaha Share Financing (MSF) system as a viable alternative to conventional, interest-based financing...

SK Energy to Issue Maximum $420mn in Green Bonds, Pricing on...

South Korea’s oil refiner SK Energy is offering at least 300 billion won ($251.3 million) in green bonds at the end of this month...

BML Opens New Islamic Banking Headquarters

Bank of Maldives (BML), on Sunday, inaugurated the new headquarters of its Islamic Banking arm in the capital city of Male. Minister of Finance Ibrahim...