Trading of Sukuk Certificates Begins at PSX
The trading of BankIslami Ehad Sukuk Certificates began at Pakistan Stock Exchange (PSX) on Friday.
BankIslami CEO and President Syed Amir Ali commenced the listing...
Meaningful Use of Zakat Funds Could Create 10M Jobs in Pakistan
President Minhaj-ul-Quran International Dr Hussain Mohi-ud-Din Qadri has claimed that Pakistan can create at least 10.5 million employment opportunities within five years by meaningful...
Bank Islam Allocates RM5.3m for iTEKAD Micro-Financing Programme
Bank Islam Malaysia Bhd has launched the iTEKAD micro-financing programme with an allocation of RM5.3 million in micro-financing facility and zakat (tithe) contribution.
iTEKAD is...
MARC Sees Strong Cashflow Coverage for Solar Power Leader Energy
Malaysian Rating Corporation (MARC) sees strong projected cashflow coverage for solar power company Leader Energy Sdn Bhd and rated its green Sukuk Wakalah of...
KDB Issues $816 mn Social Bonds to Help Coronavirus-hit SMEs
South Korea’s state-run Korea Development Bank (KDB) has successfully sold local currency-denominated social bonds worth total 1 trillion won ($815.9 million) to major local...
IILM Issues A-1 Rated $600Mln Sukuk
The International Islamic Liquidity Management Corporation (IILM) has issued two short-term A-1 rated sukuk for $600 million.
The issuance came as follows: $300 million one-month...