Demand for green Islamic bonds grows in GCC states – ZAWYA
Investor appetite for green Islamic bonds, or green sukuks, is increasing in Persian Gulf countries despite lukewarm economic growth amid the ongoing pandemic, according to a report. Saudi Arabia’s electric transmission monopoly Saudi Electricity Company (SEC) has issued a multi-tranche $ 1.3 billion green sukuk and announced an order backlog of over $ 5.2 billion, […]
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