Asia and the Pacific

Asia and the Pacific

Myanmar Garment Sector Eyes Green Finance with MoU

An EU-funded initiative aimed at promoting 'Made in Myanmar' apparel has inked a deal to help garment factories in the country access finance to...

Islamic Banking Software a Rapidly Growing Market

The global market for core Islamic banking software solutions for banks – notably, not including products from fintech startups – is a rapidly growing...

ECC Approves Islamic Sukuk Bond Worth Rs 200bn to Pay Off...

The Economic Coordination Committee (ECC) approved on Tuesday to launch Islamic Sukuk bond amounting to Rs 200 billion for payment of circular debt. Its...

Faysal Bank Reinforce Commitment to Islamic Banking

Pakistan's premier banking institution, Faysal Bank Limited, reiterated its plans at IBA City Campus to convert into a full-fledged Islamic banking financial institution over...

DIB Pakistan Issues Rs3.12b Sukuk

Dubai Islamic Bank Pakistan Limited (DIBPL) announced the successful issuance of fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible and privately...

Maybank Sells RM3.7b of Subordinated Islamic Bonds

Malayan Banking Bhd (Maybank) has sold Tier 2 subordinated Islamic notes in 2 portions, according to people familiar with the matter who asked not...