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Beximco

Bangladeshi banks can invest in Islamic green bonds

The nation’s central bank this week said the special funds built up by domestic lenders to maintain stock market liquidity could be used to purchase sharia-compliant ‘sukuk’ green bonds which made their debut last month.

Bond market to finance 230 MW solar projects in Bangladesh

Bangladesh-based Beximco Group has said it will raise nearly US$400 million in Islamic bonds to finance two solar PV power plants totaling 230 MW in the country’s northern districts.

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