British International Investment Anchors CRDB Bank’s Landmark Islamic Bond to Promote Financial Inclusion in Tanzania
British International Investment (BII), the UK’s development finance institution and impact investor, is providing an anchor investment of up to $15 million to support the launch of CRDB’s Al Barakah Sukuk. The innovative Sharia-compliant bond is designed to promote inclusive financial access and accelerate investment in ethical and socially responsible enterprises across Tanzania and the broader East African region.
Photo courtesy of Mario Losereit.
Source: British International Investment (link opens in a new window)
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