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Islamic Finance Briefing - Categorized | Funds, Market Moves more

Islamic fund for green technology sector

Posted on 28 April 2010

From Bernama: Officials from the World Bank and the International Finance Corporation (IFC) will be in Kuala Lumpur next month to discuss the establishment of an Islamic financing facility for the green technology sector, Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said.

The officials will be in Kuala Lumpur from May 10 for discussions with Bank Negara and the Ministry of Energy, Green Technology and Water to develop a suitable model in the creation of a syariah-compliant US$200 million fund…………………………………..Full Article: Source

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