Sukuk issuance surged Tuesday by 36% year-on-year to hit $252.3 billion in 2021, according to Fitch Ratings. A sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law, or sharia. Central banks, governments, and multilateral institutions dominated sukuk issuances, the global rati...
The International Jurists Union expressed “great” concern Sunday over the human rights situation in Tunisia since late July. Necati Ceylan JAI HAAN, the union’s general secretary, called on Tunisian authorities to respect their international obligations. The organization cited a Dec. 31 incident in which security agents in civilian cloth...