Africa

ITFC Supports Senegal’s COVID-19 Plan with EUR 8 Million Disbursement for...

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has approved a Murabaha Financing of EUR 8...

Stockbrokers Unfold Benefits of Sukuk as Profitable Investment

As part of its Investor Education Programme, the Chartered Institute of Stockbrokers (CIS) has identified the benefits of investment in Federal Government’s bond called...

Asia and the Pacific

Bank Islam Unveils New Islamic Fixed Income Fund

Bank Islam Malaysia Bhd unveiled a new wholesale Islamic fixed income fund, BIMB Shariah IncomePlus Fund (BSIF) via its wholly-owned subsidiary BIMB Investment Management...

Thailand’s Islamic Bank Doubles Branches, Cambodia Gets Takaful Option

Islamic finance is making further foray in non-Muslim countries in Southeast Asia. The Islamic Bank of Thailand (branded as IBank), a state-owned institution and...

Europe

UK-Based Gold Trading Platform Minted Preps Summer Launch, Plans Digital Challenger...

Minted, a Shariah-compliant UK-based gold trading platform, is preparing its launch this summer. “We have now been granted FCA Approval for an e-money license and...

UKIFC, ISRA Unveil Report to Support SDGs in Islamic Finance Sector

The Islamic Finance Council UK (UKIFC), in partnership with Malaysia- based International Shari’ah Research Academy for Islamic Finance (ISRA), has launched the first report...

Middle East and North Africa

Kuwaitis Continue to Pump Their Investments in KSE Despite Virus

The equation of sale and purchase at the Kuwait Stock Exchange has changed since the beginning of this year. While purchases were in favor of...

Shuaa Strengthens Restructuring Arm to Advise Corporates Looking to Tap Credit...

Shuaa Capital, the asset management and investment banking group, is strengthening its corporate restructuring arm to help firms struggling to access finance. The company said...

North America

Elwood Surpasses BLOK as Largest Publicly Traded Blockchain ETF

Elwood Global Blockchain ETF ($BCHN) recently became the largest publicly traded blockchain ETF on the market with $95.403 million assets under management. This is a...

Granite REIT Announces C$500 Million Green Bond Offering

Granite Real Estate Investment Trust announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP”) has priced an offering of...

South America

Latin American Power Giant Eyes ‘Aggressive’ Bet on Green Energy

Electricity utility Interconexion Electrica SA is expanding its network of power transmission lines in Latin America to provide a backbone for the increase in...

Atlantica Yield’s $317 Million Green Bonds Private Placement

Atlantica Yield plc (NASDAQ: AY), the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, successfully...