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Tag "Asian Infrastructure Investment Bank"

IDB puts Islamic finance on AIIB drawing board

IDB puts Islamic finance on AIIB drawing board

🕔18:25, 14.May 2015

SARAJEVO: The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the use of Islamic financing in the planned Asian Infrastructure Investment Bank (AIIB), the head of the Jeddah-based multilateral lender told Reuters.

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For India, China-backed lender may be answer to coal investment

For India, China-backed lender may be answer to coal investment

🕔19:44, 6.Nov 2014

NEW DELHI/SEOUL: India is hoping a new China-backed multilateral lender will fund coal-based energy projects, an official said, putting it in direct conflict with the World Bank, whose chief has maintained that it would stick to its restrictions on such lending.

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