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Innovative Australians use $100m Green Sukuk to fund 50MW of Indonesian PV plants

Submitted on Tue, 2012-11-27 11:02

As you may recollect, we're keen on the idea of Green Sukuk (Sukuk are Shari'ah-compliant bonds), designed for Islamic investors and sovereign wealth funds. Environmental protection is important in Islamic teaching.

Snippets from Durban: WB Green Sukuk; Aviation awkwardness; Climate Bond meets in Durban, Paris, Australia

Submitted on Thu, 2011-12-01 01:41

> The World Bank is exploring issuing the first Green Sukuk to fund low carbon development or environmental projects. They’re collaborating with the Islamic Financial Service Board (IFSB) to work out a framework to identify issues involved for Islamic financial institutions in the event of insolvency.

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