ADIB publishes ‘sustainable finance framework’ establishing criteria for borrowing
Abu Dhabi, UAE--Abu Dhabi Islamic Bank (ADIB) has published "Sustainable Finance Framework" establishing criteria and eligibility requirements that determine which projects are labelled “green”, “social”, or “sustainable”.The framework will determine the eligibility of projects for the bank to finance or refinance, including the issuance of green, social and sustainability sukuks.Emphasis...
Gulf Navigation of Dubai to raise $40m via bonds
Gulf Navigation Holding of Dubai intends to raise $40.8 million through convertible bonds, in order to restructure existing sukuks and other debts.
