IslamicFinance.de

London-based Advanced Global Trading (AGT) is settling a deal that would make it become the first carbon brokerage to offer Islamic services in the region. If all goes like planned Muslim investors could tap into what is now the fastest growing traded commodity by the beginning of November.
The idea is that each Shari’ah carbon credit acquired finances a project that attests it will reduce greenhouse gas emissions. Although there are few homegrown carbon- credit producing projects, the Middle East has witnessed growing demand.