In Bangladesh, the country’s largest conglomerate Beximco issued the first-ever corporate green sukuk amounting to 30 billion taka ( US$316.20 million ). The proceeds from the asset-backed, convertible and redeemable sukuk are earmarked for the construction of two solar power plants and to refina...
(US$818.93 million) GLOBAL: International Islamic Liquidity Management Corporation issues short-term Sukuk totaling US$710 million BANGLADESH: Bangladesh Bank auctions Bangladesh Government Islamic Investment Bond facilities GLOBAL: IsDB discusses economic growth and AI innovation; strengthens global partnerships...
Based on the effect of conventional bond markets on the banking sector in the literature (competition or complementarity effect), Mimouni et al. (2019) and Smaoui and Ghouma (2020) state that the effect of sukuk markets on IBs is also determined by either the competition effect or the ...