green sukuk

International Financial Law Review 12 Feb 2015 reported last year’s USD500 m debut sukuk issuance, by International Finance Facility for Immunisation’s (IIFIm) as an example of a green sukuk (meaning not only environmental but as in this case ethical, investment.) As the name suggests the fund supports vaccination in a variety of developing countries.

The same article reports an estimated total in 2014 for sukuk: USD116.4 b.

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