IsDB, SCIEF Launch $30k Changemakers Competition for Shariah-compliant Fintech, Microfinance, Creative...
The Islamic Development Bank (IsDB), a multilateral development finance institution based in Saudi Arabia, recently partnered with the Saudi-Spanish Center for Islamic Economics and...
KFH-Bahrain Launches A First-Of-Its-Kind Islamic Securitization Program
KFH–Bahrain announced today the launch of a first-of-its-kind Shari’a compliant Securitization Program offering financial institutions and state-owned entities an innovative solution to manage both...
Saudi Electricity Gets $1.3bln in Country’s First Green Bond Sale
State-controlled Saudi Electricity Company (SEC), the kingdom's electric transmission monopoly, sold $1.3 billion in dual-tranche green sukuk, or Islamic bonds, the first public green issuance from...
Saudi Electricity Markets Dual-Tranche Green Sukuk
State-controlled Saudi Electricity Company (SEC) 5110.SE, the kingdom's electric transmission monopoly, began marketing U.S. dollar-denominated dual-tranche green sukuk, or Islamic bonds, a document showed...
Dubai-Listed Tabreed Plans to Sell $1bln Bonds
National Central Cooling Company (Tabreed) has plans to sell bonds, or sukuk, worth $1 billion to UAE investors, it has been confirmed.
In a meeting...
Halal Economy to Hit $3.2trn by 2024: Dafza
The Halal economy is estimated to be worth $3.2 trillion by 2024, according to the newly launched second edition of the Halal Guidebook launched...