Asia and the Pacific

Asia and the Pacific

HSBC Amanah Arranges First Asean Green SRI Sukuk for Leader Energy

HSBC Amanah Malaysia Bhd is arranging the first ASEAN Green Sustainable and Responsible Investment (SRI) Sukuk for Leader Energy Sdn Bhd worth RM260 million. HSBC...

Is Islamic Banking Australia’s ‘Ethical Alternative’ to the Big Four?

Islamic banking has been a growing feature of international finance for many years and now efforts are underway to introduce it in Australia. A group...

International Islamic Liquidity Management Corporation Issues $1.06bn Sukuk

The Kuala Lumpur-based International Islamic Liquidity Management Corporation (IILM) yesterday successfully conducted an auction for a total issuance of $1.06bn short-term A-1 rated Sukūk...

K-Electric Raises Rs25bn in Sukuk Offering

K-Electric on Monday announced the successful closure of its Rs25 billion Sukuk, which is the largest Sukuk issue in the private sector of Pakistan. With...

Moody’s : Structural Features Underpin Malaysian Islamic Banks’ Resilience Against Coronavirus...

Moody's Investors Service says in a new report that a concentration on retail financing and other structural features will help Islamic banks withstand economic...

BIR Issues Rules on Tax Treatment of Islamic Banks

The Bureau of Internal Revenue (BIR) has issued the guidelines to implement the neutral tax treatment of equivalent transactions between Islamic banks and conventional...