Turkey Issues its First Sustainable Sukuk

Istanbul,10 June 2020 – Sukuk are Islamic bonds structured to generate returns in compliance with Islamic finance principles. Sustainable Sukuk are asset-based financial instruments whose proceeds are exclusively used for funding eligible sustainability projects. The compatibility between Islamic Finance and sustainable development has been attracting growing interest from actors in […]

Morocco Hosts GIFIIP’s Islamic Finance and Impact Investing Training

Casablanca, Morocco, February 25 2020 – UNDP’s Istanbul International Center for Private Sector in Development (IICPSD), Islamic Development Bank’s (IsDB)  Islamic Corporation for the Development of the Private Sector (ICD) and its affiliate Al Akhdar Bank joined forces to organize the third training on bridging impact investing with Islamic finance in […]

Blending Islamic Finance and Impact Investing to Achieve the SDGs

Jakarta, Indonesia, July 12 2019 – The United Nations Development Program (UNDP) concluded the Second Islamic Finance and Impact Investing Training Program (IFIITP) which took place in Jakarta from 10-11 July 2019. The training was co organized, as part of Global Islamic Finance and Impact Investing Platform (GIFIIP), by UNDP’s Istanbul […]

GIFIIP launched Islamic Finance and Impact Investing Training Pakistan

August, 8 – 9, 2018 – Karachi, Pakistan – UNDP’s Istanbul International Center for Private Sector in Development (IICPSD) and Islamic Development Bank’s (IsDB) Islamic Research and Training Institute (IRTI) have successfullydelivered the first session of the Islamic Finance and Impact InvestingTraining Program in Pakistan on 8-9 August 2018. Hosted […]

Unleashing the potential of Islamic finance and impact investing for the SDGs

The Sustainable Development Goals (SDGs) offer new investment opportunities for the private sector, which will be vital to help address the SDG financing gap – roughly US$2.5 trillion. The need to harness innovative and untapped financing sources is paramount and is at the heart of this year’s United Nations General […]