Europe

Europe

IMF, World Bank Begin Push to Swap Debt Relief for Green...

The idea of forgiving debt held by poor countries in exchange for "green" investments gained ground this week during the spring meetings of the...

UK Government’s £500 Million Sukuk Offering

The UK has bolstered its position as a world-leader in Islamic finance by issuing its second sovereign Sukuk. Clifford Chance has advised the UK Government...

Europe Breaks Records with Government Bond Issuance Surge

Europe’s markets for new government debt had a bustling start to the year, defying fears that hefty borrowing would make it more expensive to...

Caizcoin Launches the First Cryptocurrency that Follows Islamic Financial Law

Islamic scholars have for years been debating the validity of cryptocurrencies. In 2018, Reuters reported, the world’s top Islamic finance scholars scrutinized the nascent...

Germany’s Federal Bank Tests Blockchain Payment System Sans CBDC

The Deutsche Bundesbank in Germany has successfully tested a blockchain-based settlement interface for electronic securities. The test bridges the gap between mainstream finance and...

Experts Threaten to Quit over New EU Green Finance Rules

Nine members of the expert group advising the European Commission on sustainable finance rules have threatened to step down if Brussels continues to uphold...