Newswrap: Islamic finance
Bursa Malaysia to develop first Sharia-compliant carbon credit product, Digital Gold Dinar; Islamic Development Bank to boost support for Kazakhstan and Malaysia; ADIB profits up 30%; Bahrain Islamic Bank supports fintech initiative.
Bursa Malaysia to develop first Sharia-compliant carbon credit product, Digital Gold Dinar
Malaysia’s Islamic Capital Market’s (ICM) Bursa Digital Research announced that it will “proactively build new markets to serve as fresh growth avenues or solutions for our stakeholders,” including new products such as asset-backed securities and tokenised assets.
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