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The first Islamic finance transaction with carbon credits as underlying assets

IFN OnAir

English - July 02, 2023 02:00 - 14 minutes - 10.3 MB - ★★★★★ - 2 ratings
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Description: Saudia Arabia’s Regional Voluntary Carbon Market Company (RVCMC) will facilitate the first-ever Islamic finance transaction with carbon credits as underlying assets this year, according to Riham ElGizy, CEO of the RVCMC. ISFI speaks to the RVCMC CEO to learn about the upcoming deal and the launch of the RVCMC exchange early next year.