Sukuk Auction Announced to Finance Budget Deficit
The State Bank of Pakistan (SBP) on Monday announced the auction for three-year Government of Pakistan (GoP) Ijara Sukuk to raise some Rs 225...
Chinese Blockchain Investment on the Rise, but Comparison to US Is...
China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm...
Chinese Gov’t Seeks Feedback on Data Security Standards for Blockchain, IT
China’s Ministry of Industry and Information Technology has called for feedback on draft guidance for standardizing data security in blockchain and other emerging technologies.
In a document published on...
The IILM Issues a Total of USD 1.06 Billion Ṣukūk
Today, the International Islamic Liquidity Management Corporation (IILM) has successfully conducted its auction amidst the challenging global market conditions by issuing three short-term A-1...
COVID-19 to Impact GCC Sukuk Issuance in 2020
Islamic finance is set to keep expanding in 2020 and beyond as the GCC countries and Malaysia help drive growth in Shariah-compliant financial products;...
Moody’s Downgrades Sime Darby Plantation
Sime Darby Plantation Bhd’s (SDP) issuer rating has been downgraded by Moody’s Investors Service to Baa2 from Baa1.
The rating house also downgraded the rating...