Bank Deposits Grow by 13.5pc in 2020, Islamic Banks Fare Better
Deposit growth in the country’s banking sector was 13.5 per cent in 2020, while the growth rate was 16.67 per cent in Shariah-based banks,...
Sinopec Issues Green Bonds to Finance Renewable Projects
China's Sinopec has issued 1.1 billion yuan-worth (US$169 million) of bonds to fund its renewable energy development as the company rolls out ambitious plans...
XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits
XELS, a startup that hopes to tackle climate change by increasing participation and transparency in carbon markets, has launched its blockchain-based carbon offset platform.
The...
Bank BJB Syariah Taps DevOps
Indonesia’s Bank Jabar Banten (BJB) Syariah has been tapping DevOps and microservices to build enterprise applications as part of efforts to modernise its IT...
SBP Unveils Ambitious Five-Year Strategic Plan for Islamic Banking Industry
Pakistan’s central bank has launched a third five-year plan (2021-25) to support Islamic banks in expanding their outreach nationwide, advising them to increase online...
ReNew Power Successfully Prices USD 585 Million of Green Bonds
ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US...