North America

North America

World Bank Re-Enters the Danish Green Bond Market

The World Bank has re-entered the Danish green bond market by issuing a 20-year DKK 3 billion ($441 million) green bond. The last time the...

Fitch Ratings: IBOR Transition a Challenge for Small Portion of Sukuk...

The transition to new risk-free rates (RFRs) creates challenges for the small portion of the sukuk market that reference legacy IBORs, Fitch Ratings says....

Manzil Launches First Shariah Compliant PTF on NEO Connect and DealSquare

NEO is pleased to announce that Manzil, a Halal mortgage lender, has made its Manzil Mortgage Investment Fund available as a platform traded fund...

A Greener Future for Finance

Green bonds, launched by the World Bank and the European Investment Bank more than a decade ago, blazed a trail for investments that could...

Sukuk-Focused Amana Participation Fund Attracts $100 Million in Assets

Saturna Capital Corporation (Saturna), adviser to the Amana Mutual Funds, announced that the Amana Participation Fund (AMAPX, AMIPX), which invests primarily in income-producing securities...

Owens-Illinois Issues €500m ‘Green Bond’ to Fund Sustainability Projects

Owens-Illinois (O-I) has announced the issuing of €500 million worth of ‘Green Bonds’ to investors, to support its commitments to sustainability through its global...