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Tag: sukuk
IsDB & EIB commit $1billion each to co-finance green projects
The Islamic Development Bank (IsDB) and the European Investment Bank pledged to commit $1b each in co-financing green projects, during the 2019 Sukuk Summit, hosted ... Read More
Algeria Struggles to Catch up with Neighbors on Islamic Finance
Battered by the oil price slump, the underdeveloped banking sector in Algeria sees new financing sources in Islamic finance to tap into the huge informal ... Read More
Tunisia: 1st Sukuk to be issued in September, Finance Minister
"This time there will be no delay and we will issue a $140 million sukuk in September.” These were the words of the Finance Minister ... Read More
Egypt: urging foreign investors public-private partnerships
After opening its doors to Arab tourists, Egypt has now turned onto the Public-Private Partnerships (PPP). It is inviting all foreign investors to increase their ... Read More
Egypt sovereign sukuk needs religious consensus
A U-turn has been done by the government after criticisms by Islamic religious leaders concerning a draft law which will permit the government to issue ... Read More
Tunisia to tap Sukuk market
Tunisia will be introducing its financial transactions to Sukuk for the first time next year alongside Egypt according to CIMB Group Holdings and OCBC Al-Amin ... Read More
Tunisia reveals financial acquisition plans
Huge financial challenges lie ahead according to Finance Minister Slim Besbes with estimations pegged around 7 billion dinars. The country is struggling to stand on ... Read More