Tag Archives: Islamic Finance
The future of Islamic Banking and Finance is bright in Central Asian Countries as well as Caucasus and Balkan
by Muhammad Hassaan Bhagat, Senior Consultant in Forensics & Compliance Department of Grant Thornton UAE
The Africa Finance Corporationâ€™s (AFC) issuance represents the global marketâ€™s first USD Sukuk transaction of 2017 and the first Sukuk transaction from an African supranational entity. The pan-African multilateral development finance institution and project developer, AFC, issued its maiden Sukuk which is the highest-rated Sukuk issuance from an African institution. Emirates NBD Capital played a role as the Sole Global Coordinator in the 150 million USD transaction which has an estimated final order book of approximately 230 million USD.