Mambu Rolls Out Shariah Version of SaaS Banking Platform
Seeing immense potential in the Muslim financial market, Mambu has rolled out a Shariah compliant version of its flagship software-as-a-service (SaaS) cloud-native banking platform.
This...
Royal Group Inks Islamic Green Loan of $250 Mil from Maybank...
The Royal Group of Companies has obtained the world’s first Islamic green financing in the hospitality sector of $250 million.
The loan, which was obtained...
China Development Bank Places Maiden Green Bond of CNY 20bn
China Development Bank (CDB) last week issued its inaugural green bond, worth CNY 20 billion (USD 3.07bn/EUR 2.58bn), seeking to raise funds for renewable...
Pakistan Issues First of Its Kind Musharakah Based Sukuk of PKR...
Pakistan Mortgage Refinance Company (PMRC) has issued a first of its kind Sukuk of PKR 3.1 billion for the promotion of housing finance in...
China Clarifies Carbon-Neutral Bonds Mechanism for Green Growth
The National Association of Financial Market Institutional Investors issued a notice Friday to clarify the carbon-neutral bonds mechanism in a bid to further support...
FWD to Develop Malaysian Takatech and Insurtech Through New Innovation Hub
An Asian insurance group has set up a venture builder-like outfit to nurture Takatech and insurtech development in Malaysia.
FWD Insurance, part of FWD Group...