What are Sukuk Bonds and are They Different From Typical Bonds?
Currently, discussions about sukuk bonds and Islamic Finance are on the increase. Here in Malawi,...
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Malawi Worsens on Corruption Index
It is now four years since Malawi was rocked by its biggest government corruption scandal in history. The systematic looting of public coffers by civil servants, private contractors and politicians saw them steal 31 Million USD from government coffers.
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What are sukuk bonds and are they different from typical bonds?
Importantly, the number of investors in the Islamic world cannot be ignored and therefore Sharia compliant vehicles capable of attracting their wealth are increasingly relevant. The sukuk is a good starting point for issuers to tap into this reality.
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450,000 households benefit from 7.6 Billion Kwacha Public Works program
Some solutions to community problems are simple but effective. One such solution is the Public...
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Islamic Banking in the Offing
After the Malawi government approved the introduction of Islamic banking system which doesn’t demand any interest from the borrowers as is the case with non-Islamic banking, Commercial banks in Malawi are getting prepared to open the windows.
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EDITOR’S NOTE
When Celebration Ends, Work Begins.
Malawi stands once again at the crossroads of hope and expectation. The dust of elections has barely settled, and the people have spoken decisively—removing the Malawi Congress Party (MCP) from the helm of power and ushering back Professor Arthur Peter Mutharika and his Democratic Progressive Party (DPP).
Read more:When Celebration Ends, Work Begins.
