SINGAPORE (July 11): As sustainable finance has grown, Islamic finance has also expanded notably, gaining prominence in global financial markets.
Both share core ethics, responsibility and transparency principles, particularly in social and responsible investing (SRI). This overlap is evident in the fixed income market through the issuance of sustainable bonds and sustainable sukuk.
Sukuk are Islamic financial certificates that provide returns through profit-sharing or rental agreements, complying with shariah law by...(click on link for full story on theedgesingapore.com)