Virtual Banks Can Attract More Millennials to Islamic Banks
The virtual banking space can be a boon to Malaysian Islamic banks, which have been active in digitalisation, to further attract younger customers or...
KDB Issues Green Bonds Worth 500 Mil. Euros with Near-zero Interest...
The Korea Development Bank (KDB) has issued 5-year euro-denominated green bonds worth 500 euros (US$564.90 million or 661.22 billion won) at a coupon rate...
World’s Top Pension Fund Warns Against Risk of Green-Bond ‘Fad’
A top executive at the world’s biggest pension fund has expressed doubts over green bonds, saying that, without fundamental changes, the asset class risks...
Diminishing Musharika
By Naveed Ul Haq
Conceptually, Islamic Banking broadly connotes as a banking which is in consonance with the ethos and value system of Islam and...
Cypark Unit Plans Sukuk to Finance Solar Power Plant Projects
Cypark Resources Bhd’s unit, Cypark Ref Sdn Bhd, is proposing to set up an SRI Sukuk Murabahah Programme to finance its solar photovoltaic power...
Islamic Finance New Option for Solar Power
Islamic finance is considered one of the new options for solar financing apart from conventional loans, bonds and equity schemes, said professional services firm...