Red Crescent and Red Cross working on a sukuk

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Red Crescent and Red Cross working on a sukuk

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The flag of the Red Crescent Movement waves in Dalyan, Turkey, 03 October 2012. The flag derives from the symbol of the Red Cross movement and represents a similar organisation for Muslims. Photo: Jens Kalaene | Jens Kalaene/DPA/PA Images

The International Federation of Red Cross and Red Crescent Societies (IFRC) plans to issue a sukuk as part of its fundraising for a water, sanitation and hygiene programme.

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