Qatar Islamic Bank broke new ground in the Sharia-compliant market this year when it printed the first ever Sukuk in Taiwan’s Formosa market. The bank’s chief financial officer tells EMEA Finance that the deal is expected to open the way for more similar issuance.
15 years since the G8 leaders wrote off debt for the poorest countries in Africa, there is a need for new debt suspension measures.
For the first time in the report’s history, the top five risks on the report all relate to climate change with geopolitical turbulence complicating the picture.
The issuance, supported by the EBRD, will be used to refinance an existing bond and ensure smooth running of the port.