Pakistan Govt to Launch Diaspora, Sukuk Bonds: Asad Umar
Minister for Finance, Revenue, and Economic Affairs Asad Umar on Friday said the government had decided in principle to launch Diaspora and Sukuk bonds...
Philippine Lower House Approves Substitute Bill on Islamic Finance
The Lower House committee on banks and financial intermediaries passed and approved a bill on 13 August 2018, seeking the regulation and organisation of...
World Bank to Support Green Banking in Pakistan
The International Finance Corporation (IFC) of the World Bank group will support ‘green banking’ in Pakistan as part of IFC’s commitment to helping countries’...
Shinhan Bank Issues $180 Mn 3-Yr Green Bonds at 2.15%
South Korea’s Shinhan Bank sold 200 billion won ($179.6 million) in three-year green bonds to become the first commercial lender in the country to...
Islamic Fintech Project PayZakat to Receive Investment from Russia’s Sberbank
PayZakat is one of the most innovative Islamic Fintech projects that aims to dramatically increase the effectiveness of wealth distribution in the Muslim world.
PayZakat...
Malaysia’s Federal Court To Determine Constitutionality Of SAC Ruling In KFH...
A nine-member Federal Court bench convened to determine the constitutionality of a Shariah Advisory Council’s (SAC) ruling. The ruling purportedly binds the High Court...