Asia and the Pacific

Asia and the Pacific

Sukuk: A New Frontier for Infrastructure Financing in Bangladesh

The Islamic finance industry has experienced phenomenal growth and expansion in Bangladesh. With estimated assets worth $31 billion, market research on Islamic finance has...

Shinhan Financial Issues $500 mn in Green and Sustainability Bonds

South Korea’s Shinhan Financial Group has successfully sold $500 million in green and sustainability bonds with a maturity of in 10 years and 6...

Rs200bn to Be Raised in Pakistan for Circular Debt Payment

Amid ongoing probes into dollar-based tariff indexations, ‘unnatural profits’ in the power sector and last year’s capacity payments of over Rs466 billion, the government...

Japan Advised to Set Own Green Taxonomy

During a recent interview in Tokyo, CEO of the Climate Bonds Initiative (CBI) Sean Kidney urged the Japanese government and private sector to further...

Bank Islam Top Domestic Sukuk Broker in 1H19

Bank Islam Malaysia Bhd is the top domestic sukuk broker for the first half of the year (1H), after helping issue US$5.15 billion (RM21.21...

Japanese Company Sells Green Bonds to Fund EV Parts Production

A Japanese company successfully raised funds for the production of electric vehicle parts using green bonds. Meidensha Corporation (Meiden) recently secured funding worth US$55...