Islamic Digital Finance Revolution in the OIC Countries Continues in a Fragmented Way with Advances in CBDCs, Digital Payments Including ‘Buy Now Pay Later’ Platforms, and ESG Offerings The digital…
Malaysia’s New Capital Market Master Plan Targets Major Progress in Inclusivity, Sustainability and Stakeholder Participation Led by its Pioneering Islamic Capital Market The Securities Commission Malaysia (SC) launched the country’s…
IsDB Keeps Sukuk Momentum Going with Third Issuance in 2021 Bringing its Total for Jan-Oct 2021 to US$4.6bn The Islamic Development Bank (IsDB), the multilateral development bank (MDB) of the…
IF Industry Gears up for LIBOR Cessation with Alternative Reference Rates with BNM, IsDB and IIFM Leading the Transition Central banks and regulatory authorities the world over are preparing for…
Islamic Development Bank Group Approves Additional US$1.2bn in Funding Commitments at its 2021 Annual Meetings in Tashkent in September 2021 to Support Post-pandemic Economic Recovery among its Member Countries.Tashkent -…
The National Debt Management Centre (NDMC) of the Saudi Ministry of Finance (MoF) issued its eighth consecutive monthly issuance of Riyal-denominated sovereign Sukuk with a three-tranche SAR11,358.615 million (US$3,028.18 million)…
It certainly helps when you host the Annual Meetings of the Islamic Development Bank (IsDB) Group and you are in the middle of an ambitious economic and socio-political reform agenda.…
It is not only sovereign Sukuk issues that are keeping the momentum of Sukuk issuance in 2021, but also, multilateral, corporate and bank offerings, which thus far strongly point to…
BNM Joins BIS and Three Peer Central Banks to Test the Use of Central Bank Digital Currencies for International SettlementsBank Negara Malaysia (BNM), together with three other prominent banking regulatory…
The resilience of Sukuk issuance especially during times of crisis such as the ongoing COVID-19 pandemic, now well into its second year, continues in 2021 with total gross short and…