Asia and the Pacific

Asia and the Pacific

Pakistan Govt Raises Rs75bn through Sukuk

The government raised Rs74.89 billion through auction of Ijara Sukuk (Islamic bonds) for five years on Thursday, reported the State Bank of Pakistan (SBP). It...

Petronas Gas Subsidiary Issuing RM3b Islamic Bonds

Petronas Gas Bhd said its 65%-owned subsidiary Pengerang LNG (Two) Sdn Bhd (PLNG2) had today lodged the latter’s proposed Islamic bonds under the sukuk...

PMRC to Raise Rs3.5b via Tax-Free Sukuk

The government has kick-started the process of raising Rs3.5 billion by floating the first tax-free Sukuk (Shariah-compliant bond) for housing finance as demand for...

Russia’s Largest Bank Sberbank Set to Foray into UAE

Russia's largest bank Sberbank on Monday said it had received approval from Abu Dhabi Global Market (ADGM) to open an office in the UAE...

Malaysia’s Dialog Group Sets Up 3 Bln Ringgit Sukuk Programme

Malaysian company Dialog Group has set up a 3 billion ringgit ($723 million) sukuk programme. The company is a technical service provider to the...

A Gov Official in South Korea Proposed the Nation’s First Blockchain...

On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related...