Indonesia Adds Variety with US$3bn Sukuk, Including 30yr Green Tranche
The Republic of Indonesia, rated Baa2/BBB/BBB, priced a US$3bn sukuk including a green tranche, adding some variety to recent China-centric supply. Combined order books...
Meezan Bank Becomes the First Islamic Bank in the Country Authorized...
Meezan Bank, Pakistan’s Premier Islamic bank has been presented the certificate of approved ‘Training Organization Outside Practice’ (TOoP) by Institute of Chartered Accountants of...
DBS Launches First Security Token Offering on Its Cryptocurrency Exchange
DBS announced Monday its first security token offering (STO) on the DBS Digital Exchange (Ddex). The DBS Digital Bond, priced at 15 million Singapore...
Sukuk Investors May Be Offered Fiscal Benefits
The government is likely to offer fiscal benefits in order to attract investment in Sukuk, a bond-like instrument used in Islamic finance. The existing...
The Inexorable Rise of Green and Sustainable Bonds in Asia
The green bond market is witnessing massive growth. Global issuance of green, social and sustainability bonds hit US$231 billion in the first quarter of...
Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia
A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic.
Critics have...