Asia and the Pacific

Asia and the Pacific

Bank Islam Raises Bank Capital

Bank Islam Malaysia has successfully issued its second tranche of 400-million-ringgit (US$92 million) subordinated sukuk murabaha under its 10-billion-ringgit sukuk murabaha programme. Issued on...

Escalating Fiscal Deficit: Pakistan’s Cabinet Approves Domestic Sukuk Bond for Generating...

The federal cabinet on Tuesday approved launching domestic Sukuk bond for generating Rs700 billion for financing the escalating budget deficit and meeting the increasing...

Japan’s GPIF Partners with Dutch Ministry in Green Bonds Move

The Government Pension Investment Fund (GPFI) of Japan has teamed with the Dutch Ministry of Finance to issue sustainability bonds following arrangements with two...

LBS Bina Issues 1st Tranche of Perpetual Sukuk Worth RM130m

LBS Bina Group Bhd has issued a RM130 million perpetual Sukuk Musharakah to, among others, refinance its financing and borrowings, as well as fund...

Pakistan Energy Sukuk-II of Rs 200 Billion: PD Urged to Expedite...

Independent Power Producers Association (IPPA) has urged Power Division to expedite Pakistan Energy Sukuk-II of Rs 200 billion to clear sizeable overdue amounts of...

Algorand App on Blockchain against Coronavirus

Towards battling novel coronavirus, Algorand Foundation, a blockchain firm based in Singapore, has created an application dubbed IReport-Covid. With the new app, Algorand aims to...