SAUDI ARABIA: Value of utility company’s Islamic banking facilities increases
TURKIYE: Fitch Ratings expects Turkiye’s Sukuk market share mix to increase
MALAYSIA: Asset management company appoints new CEO, The Edge Malaysia reports
MALAYSIA: Investment holding company lodges Sukuk program
UAE: UAE-based Rent Now Pay Later provider secures Sukuk and equity financing
BAHRAIN: Bahraini Islamic bank completes acquisition of Kuwaiti bank’s Bahrain branch
UAE: District cooling company to issue green bonds or Sukuk next year, Asharq Business reports
UAE: NASDAQ Dubai admits IsDB’s Sukuk to official list of securities
MALAYSIA: Bank Negara Malaysia issues Islamic facility
SAUDI ARABIA: Sharia compliant crowdfunding platform receives permit from Saudi Capital Market Authority
OMAN: Omani bank launches Shariah compliant credit cards
PAKISTAN: Pakistani regulator completes Shariah compliant open market operation liquidity injection
INDONESIA: Two Indonesian companies’ shares certified as Shariah compliant
PAKISTAN: Stock exchange lists government of Pakistan’s Sukuk Ijarah
BANGLADESH: Central bank issues facilities to aid Islamic banks manage liquidity
INDONESIA: Indonesian engineering firm raises funds through short-term Sukuk
OMAN: Islamic P2P financing platform integrates new payment solution allowing cross-border transactions
KUWAIT: Investment company receives approval to market Islamic real estate fund to Kuwaiti investors
SAUDI ARABIA: Islamic SME financier recommends 3.5% cash dividend for 2023
MALAYSIA: Malaysian conglomerate launches Islamic facility
MALAYSIA: Property developer prints ringgit Islamic commercial paper
MALAYSIA: Bank Negara Malaysia issues Islamic liquidity management facility
MALAYSIA: Port operator launches investment grade Sukuk offering
INDONESIA: Telecommunications and electronics procurement firm lodges Sukuk on Indonesia Central Securities Depository
TURKIYE: Turkish participation bank sells short-term Sukuk carrying 66% annual return
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities
INDONESIA: Fiber optic telecommunications company registers Sukuk on Indonesia Central Securities Depository
SAUDI ARABIA: Fintech start-up secures license to provide debt crowdfunding solutions
UK: XTCC launches Shariah compliant multicurrency carbon credits
MALAYSIA: Malaysian bank raises RM500 million (US$106.15 million) Sukuk to fund Tier 2 capital
PAKISTAN: MCB Islamic Bank partners with Techlogix to implement compliance screening solution
GAMBIA: Central Bank of The Gambia floats tenders for Sukuk Salam facilities
MALAYSIA: OCK Group auctions second tranche of Islamic medium-term note
PAKISTAN: Al Baraka Bank to open new branches in Pakistan, Bloomberg reports
GLOBAL: AAOIFI Public Interest Monitoring Consultative Committee holds 7th meeting
PAKISTAN: KalPay closes early-stage funding round
KUWAIT: Warba Bank receives license from Capital Markets Authority of Kuwait
SAUDI ARABIA: Zain signs vendor financing banking facility with alrajhi bank
GLOBAL: IsDB strengthens strategic partnership with Qatar
UK: British Business Bank offers Shariah compliant financing for entrepreneurs
MALAYSIA: Malaysia Building Society appoints new CFO, The Star reports
UAE: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum appoints new board members of Dubai Financial Services Authority
MALAYSIA: Bank Negara Malaysia issues Islamic facility
UAE: Ajman government’s ownership in Ajman Bank increases
GLOBAL: Malaysia continues to dominate Islamic banking in Asia Pacific, says S&P Global Ratings
PAKISTAN: U Microfinance Bank and Raqami form interoperable partnership
BANGLADESH: Bangladesh Bank offers Islamic Banks Liquidity Facility
BAHRAIN: Central Bank of Bahrain prints monthly Sukuk Ijarah
TURKIYE: Vakif Katilim auctions lease certificate
TURKIYE: Real estate developer Emlak Konut prints Islamic lease certificate
6 May 2024
KUALA LUMPUR, 1st May 2024 – The 18th IFN Awards Ceremony Kuala Lumpur took place on the 30th April 2024, honoring the outstanding achievements in the field of Islamic finance. Following the IFN Awards Ceremony Dubai held on the 25th April 2024, which celebrated the most impactful Islamic finance transactions in the Middle East, Europe...
30 April 2024
Dubai, 25th April 2024: As the Islamic finance landscape continued to evolve, IFN Investor Middle East Forum took center stage in Dubai, a global hub for Islamic funds. This strategic event, slated for the 25th April 2024 at the Address Sky View Hotel from 9.00 am to 4.00 pm, convened leading global experts and industry...
25 April 2024
Jeddah, April 19, 2024 - The Islamic Development Bank Group (IsDB) announces the winners of the Private Sector Forum (PSF) 2024 Awards, celebrating outstanding contributions to Islamic finance and development initiatives across 57 member countries. The IsDB Group, comprising the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for...
14 December 2023
Manama, 12th December 2023: Bahrain, a prominent figure in the world of Islamic finance, continues to be a trailblazer in advancing knowledge capital and promoting innovation in the industry. Home to influential global Islamic standard-setting bodies such as AAOIFI, International Islamic Financial Market and the General Council for Islamic Banks and Financial Institutions, Bahrain has...
12 December 2023
Riyadh, 12th December 2023: Saudi Arabia, a driving force behind Islamic finance, remains the global leader in Islamic financial assets. The Kingdom's commitment to advancing Islamic finance is prominently featured in its Vision 2030 objectives, and it continues to prioritize the sector through innovative initiatives. IFN, with the support of the IsDB as the multilateral...
7 November 2023
Dubai, 1st November – The Global Shari’ah Majlis, a highly anticipated event in the Islamic finance industry, was held on Wednesday 1 November 2023. Hosted as a physical and virtual event by Standard Chartered’s Islamic Banking division, this prestigious gathering brought together global Shari'ah scholars from 8 countries for an engaging dialogue on the topic...
5 October 2023
Kuala Lumpur, 5th October 2023: The Islamic Sustainable Finance & Investment Forum (ISFI Forum), organized by IFN (Islamic Finance News), took place at the Securities Commission Malaysia on 3rd October 2023 and was supported by Capital Markets Malaysia, with the IsDB as the multilateral strategic partner. In response to the growing prominence of ESG considerations...
4 October 2023
Kuala Lumpur, 5th October 2023: The highly anticipated IFN Asia Forum, organized by IFN (Islamic Finance news), commenced its 18th edition, reaffirming its position as the premier business event for Islamic finance professionals worldwide with CIMB Islamic as the lead partner and the IsDB as the multilateral strategic partner. The event commenced with a keynote...
14 September 2023
Muscat, 12th September 2023: IFN Oman Forum, a prominent event in the Islamic finance industry, was held in Muscat on the 12th of September 2023. Under the patronage of Abdullah Salim Al-Salmi, the executive president of the Capital Market Authority, Sultanate of Oman, and the IsDB as multilateral strategic partners, the event attracted esteemed speakers,...
6 September 2023
London, 6th September 2023: IFN UK Forum, Europe's premier Islamic finance conference, returned to London on the 4th September 2023. Under the patronage of the Lord Mayor of the City of London and with support from His Majesty's Government, TheCityUK, the City of London and the IsDB as multilateral strategic partners, the event served as...
22 May 2023
KUALA LUMPUR, 18th May 2023 – The prestigious IFN Awards Ceremony Kuala Lumpur took place on the 17th May 2023, honoring the outstanding achievements in the field of Islamic finance. Following the IFN Awards Ceremony Dubai held on the 16th March 2023, which celebrated the most impactful Islamic finance transactions in the Middle East, Europe...
4 April 2023
Responding to a market gap for an efficient avenue to connect with the Islamic finance legal community, Islamic Finance news (IFN) is excited to launch IFN Lawyers, a proprietary online directory of Islamic finance lawyers from across the world. Focusing on the whole range of Islamic finance legal services across 29 categories from banking and...
26 July 2022
IFN, the world’s leading Islamic finance news provider, has partnered with prominent Shariah advisory firm Dar Al Sharia to produce a series of market knowledge content, particularly on global Shariah standards, as part of human capacity development efforts. VINEETA TAN writes. The new Islamic finance standards summary series is a continuation of a strong partnership...
2 March 2021
Kuala Lumpur 2nd March 2021 – Islamic Finance news (IFN), the Islamic finance industry's leading news platform, is pleased to announce the prestigious IFN Overall Deal of the Year 2020 accolade has been awarded to the Malaysian government for the Sukuk Prihatin facility worth RM666 million (US$164.64 million). Sukuk Prihatin brought a new approach to...
23 February 2021
Kuala Lumpur 23rd February 2021 – Islamic Finance news (IFN), the Islamic finance industry's leading media provider, has announced Pakistan’s Meezan Bank as the winner of the prestigious IFN Best Overall Islamic Bank 2020. Meezan Bank’s win comes in a year wrought with unprecedented difficulties due to the global COVID-19 pandemic. The Islamic bank rose...
16 October 2020
Kuala Lumpur 14th October 2020 – The annual IFN Service Providers Poll continues to be the benchmark of excellence honoring Islamic finance industry’s best in supporting operations, facilitating transactions, setting standards and rating transactions. The winners of the IFN Service Providers Poll 2020 displayed resilience during a challenging year, whilst remaining committed to service the...
1 October 2020
Kuala Lumpur 30th September 2020 – Eleven legal firms have been honored with the Islamic finance industry’s most prestigious accolades, the IFN Law Awards 2020, for their outstanding achievements in Shariah finance. The IFN Law Awards, by renowned Islamic finance media company Islamic Finance news (IFN), are the industry’s standard of Islamic finance legal excellence...
18 August 2020
London and Kuala Lumpur, 18 August 2020 - Moody’s Investors Service and Islamic Finance news (IFN) are proud to announce an exclusive collaboration to provide insights and analysis for Islamic finance worldwide. “This collaboration brings together Moody’s global Islamic finance expertise with IFN’s comprehensive and trusted coverage of Shariah compliant finance to serve a global...
5 August 2020
LONDON and KUALA LUMPUR, 5 August 2020 – Global Islamic finance expert REDmoney Group has entered into a strategic partnership with Islamic Finance Navigator and its platform Carrera Learning, a renowned learning provider in Islamic finance based in the UK. Commencing today, the partnership will see REDmoney Group and its flagship brand – Islamic Finance...
28 July 2020
Islamic fintech stakeholders have determined nine strategic priority areas that will further reinforce and enhance financial inclusion in Malaysia. All nine strategic priority areas were drafted based on the input given by the decision-makers and leaders from the Islamic finance industry, including the government, regulators and fintech community, during the ‘Islamic Fintech Dialogue 2020: Driving...
22 July 2020
Kuala Lumpur 22 July 2020 – Renowned Islamic finance media and service provider, REDmoney Group introduces its IFN Advisory Board. REDmoney Group, through its reputable brands of Islamic Financial news (IFN) and REDmoney events, is looking to further enrich its brand value through obtaining insights and advice from a council of subject matter experts. The...