Africa

DMO Reveals what Infrastructure Sukuk Fund is Financing

The Debt Management Office revealed that Sukuk funding is currently rehabilitating the Outer Marina Road which is a major road connecting Lagos Island to...

Nigeria’s Government Lists 163 Bln Naira Sovereign Sukuk

The Federal Government has listed its N162.56 billion Sukuk on the Nigerian Exchange (NGX) Limited, paving the way for investors to trade on the...

Asia and the Pacific

‘Blockchain Computing’ Plan in the Works in China’s Yunnan Province

Government officials from the Chinese Yunnan province released a plan to support the region’s blockchain industry’s development. The plan, published by the General Office of...

China’s Working with the EU on Green Investment Standards

China is cooperating with EU to establish a jointly recognized green investment standard by the end of this year, as part of efforts to...

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...

Middle East and North Africa

Zakat Fund Issues Rates of Zakat on Shares for 2020

The Department of Zakat Fund at the Ministry of Endowments (Awqaf) and Islamic Affairs issued a statement of the rates of zakat on shares...

KFH Sponsors the BIBF’s New Auditorium In Bahrain Bay

Bahrain Institute of Banking and Finance (BIBF) and Kuwait Finance House, one of the leading Islamic banks in the Kingdom and an integral contributor...

North America

GameStop Seeks Analyst Trained in NFTs, Crypto and Blockchain

Reddit forum r/WallStreetBets’ favorite stock, the video game store GameStop, placed an ad Friday for a security analyst skilled in blockchain, NFTs, and crypto—indicating...

Cardano Smart Contracts Update to Allow Blockchain Devs to Work with...

Alonzo will be developing on Cardano’s (ADA) token upgrades in order to give application developers the tools needed for creating business applications. IOHK, which supports...

South America

With IDB Support, Brazil’s BNDES Launches Framework for Sustainable Bonds

The Brazilian National Bank for Economic and Social Development (BNDES) is launching its Sustainability Bond Framework (SBF), produced through a partnership with the Inter-American...

Latin America’s First Approved Bitcoin ETF to raise $90 Million to...

Brazil’s first Bitcoin ETF is looking to raise some $90 million to buy BTC in anticipation of the official launch of the product. Following the...