The government of Pakistan (GoP) has no immediate plans for issuing its debut green sovereign Sukuk although the groundwork is steadily being laid, Kashif Nisar, the head of product and Shariah structuring at BankIslami, told ISFI.

Pakistan’s Salaam Takaful completed its parametric-based crop Takaful pilot project and signed several partnership agreements in 2022. ISFI spoke to CEO and Managing Director Rizwan Hussein about the challenges of offering crop Takaful coverage as well as the operator’s plans for 2023.

Central Asia’s aim of improving regional connectivity and greater integration of Afghanistan are being challenged by tensions between the neighbours and the cocktail molotov that is US-Afghan relations.

While the ping pong match of who will raise more before the year is out continues, the onlookers adopt a precautious approach.

Another week passes and staying afloat is no easier, as money flows seem to have no major positive impact.

M&A Report (July 2019)

China outbound M&A activities came to a freeze in the second quarter, dragging outbound dealmaking to USD 20.4bn (114 deals) in 1H19, recording the lowest value since 2011 amid uncertainty from the escalating trade war. Even Europe, the all-time most popular destination, saw less Chinese interest with a 64% decrease in deal value in 1H19.