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Tag: issue islamic bonds

ABHI becomes first fintech in MENAP region to issue Islamic bonds

Posted on May 12, 2023May 12, 2023

KARACHI, PAKISTAN: ABHI, a leading embedded finance platform in the Middle East, North Africa and Pakistan (MENAP) region, has announced that it has issued Islamic bonds worth PKR 2 billion (US$7.1 million), making it the first Fintech in the region to do so. The Islamic bonds, also known as Sukuk, are financial instruments that comply…

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