North America

North America

Appetite for ‘Good Quality Credit’ Improves in the Global Sukuk Market,...

The appetite for quality credit is improving in the global sukuk market, as investors becomes less risk averse amid ample liquidity in global financial...

Fannie Mae Releases Report on Multifamily Green Bonds

Fannie Mae has been recognized as the largest issuer of green bonds in the world for the third consecutive year, with $22.8 billion issuances...

UAE Islamic Banks Not Isolated from Low Oil Prices, Coronavirus

UAE Islamic banks' profitability will be hit in 2020 by lower profit rates, lower business volumes and higher financing impairment charges as a result...

World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain

Mining conglomerate BHP has completed its first trial trade of iron ore using blockchain technology. As reported by Reuters on Monday, the roughly $14 million deal with...

MoneyGram, Digital Financial Tie Up for Firmer Footing in UAE

MoneyGram International, Inc. MGI has partnered with Digital Financial Services LLC, a joint venture between Etisalat and Noor Bank, a subsidiary of Dubai Islamic...

Big Four Auditing Firm KPMG Launches a Crypto Management Suite

Big four auditing firm KPMG launched a cryptocurrency management suite with analytic features. According to a June 22 announcement, the new KPMG Chain Fusion suite is...