Malaysia Takes Top Spot in Global Sukuk Issuance in Q1
Malaysia was the top sukuk issuer with US$13.9bil or 35.1% of the US$39.5bil issued in the first quarter ended March 31, 2019, RAM Ratings...
Woori Bank Prices First Sustainability Formosa Bonds
South Korean lender Woori Bank on May 7 priced a US$450 million floating rate notes (FRNs), representing its inaugural foreign currency-denominated sustainability bonds and...
IILM Reissues US$600 mil Sukuk
The International Islamic Liquidity Management Corporation (IILM) has successfully reissued US$600 million in short-term sukuk in two series. The sukuk was rated A-1 by...
Ministers Endorse ASEAN Infrastructure Bond Initiative
Asian finance ministers last week endorsed a plan to introduce a new credit enhancement tool to promote local currency bonds for infrastructure financing.
Meeting in...
Zurich Takaful Taps into Souqa Fintech’s PayHalal
Zurich Takaful Malaysia Bhd (Zurich Takaful) will be using Souqa Fintech Sdn Bhd’s (Souqa Fintech) PayHalal online payment system as part of its ongoing...
Malaysia’s Shariah Scholars Support Halal Cryptocurrency but Islamic Finance Ecosystem Needs...
Malaysia’s leading Shariah advisors continue to believe a halal coin is on the cards, just as long as financial technology entrepreneurs maintain their appetite...