PAKISTAN: Pakistan Stock Exchange auctions government of Pakistan’s Sukuk Ijarah

KUWAIT: KFH Capital receives private marketing license to market shares of fund

UK: Sama Investment Group secures Shariah compliant refurbishment financing

MALAYSIA: Bank Negara Malaysia issues Islamic facility

SAUDI ARABIA: alrajhi bank commences offering of additional Tier 1 capital sustainable Sukuk

BAHRAIN: Investcorp closes Investcorp Technology Partners V Fund at US$570 million in total commitments

UZBEKISTAN: Islamic Corporation for the Development of the Private Sector to provide financing for Ziraat Bank Uzbekistan

MALDIVES: Dr Aishath Muneeza joins Maldives Islamic Bank’s Shariah committee

SAUDI ARABIA: Buruj Cooperative Insurance extends tenure of Bader Saad Algonaim as CEO

MALAYSIA: Toyota Capital Malaysia sells Sukuk worth RM100 million (US$21.07 million)

GLOBAL: International Islamic Liquidity Management Corporation reissues short-term Sukuk

SAUDI ARABIA: Aqaseem to establish Sukuk program in Saudi riyal

GLOBAL: ESG Sukuk to cross US$50 billion outstanding globally within next two years, says Fitch Ratings

GAMBIA: Central Bank of The Gambia floats tenders for Sukuk Salam facilities

KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities

MALAYSIA: Bank Negara Malaysia issues Islamic facility

GLOBAL: Investcorp partially exits from stake in NephroPlus

GLOBAL: Islamic Corporation for the Insurance of Investment and Export Credit seals 13 strategic agreements

MALAYSIA: Financial Planning Association of Malaysia hosts Annual Financial Planning Symposium 2024

PAKISTAN: Securities and Exchange Commission of Pakistan proposes amendments to Fourth Schedule of the Companies Act, 2017

GLOBAL: IFSB issues exposure draft of technical note on macroprudential tools for institutions offering Islamic financial services

GLOBAL: Islamic Corporation for the Development of the Private Sector signs key agreements

GLOBAL: Islamic Corporation for the Development of the Private Sector signs letters of intent with Uganda Development Bank and African Export–Import Bank

GLOBAL: Islamic Corporation for the Development of the Private Sector enters into 13 strategic agreements

SRI LANKA: Securities and Exchange Commission of Sri Lanka approves list of accredited Shariah scholars recognized as ‘Supplementary Service Providers’

UAE: Alvarez & Marsa appoints new managing director

TURKIYE: Turkiye sells fixed rent rate lease certificate worth TRY4.36 billion (US$134.96 million)

INDONESIA: Indonesian Ulema Council signs MoUs with Bank Indonesia and Financial Services Authority of Indonesia

MALAYSIA: Bank Negara Malaysia issues Islamic facility

UAE: Aldar Properties plans to sell green Sukuk, Reuters reports

INDONESIA: CIMB Niaga launches Principal Islamic ASEAN Equity Syariah Mutual Fund

MALAYSIA: Pelaburan Hartanah to independently manage funds of Amanah Hartanah Bumiputera, The Edge Malaysia reports

GLOBAL: IsDB Institute hosts 20 bilateral meetings

OMAN: Ubhar Capital joins IFN Oman Forum 2024 as partner in support of Islamic finance industry

GLOBAL: International Islamic Trade Finance Corporation launches Trade Connect Central Asia+ program

MALAYSIA: Bank Negara Malaysia imposes administrative monetary penalty on 14 financial institutions

LUXEMBOURG: Maples and Calder appoints partner and co-head of finance practice

TURKIYE: Ulusoy Un sells Sukuk worth TRY100 million (US$3.09 million)

SYRIA: Syrian government plans to launch Sukuk soon, The Syria Report reports

GLOBAL: IsDB to issue US dollar-denominated Sukuk, IFR reports

INDONESIA: Indonesia Stock Exchange lists Adira Finance’s Sukuk

BAHRAIN: GFH and Ithmaar Holding continue talks on acquisition of assets

SAUDI ARABIA: Tawuniya appoints new member of audit committee

INDONESIA: Indonesia raises funds through auction of sovereign Shariah securities series

MALAYSIA: Gas Malaysia Distribution prints Islamic commercial papers

SAUDI ARABIA: Tawuniya reports increase in net profit after Zakat for Q1 2024

SAUDI ARABIA: Riyad Bank reports net profit for Q1 2024

SAUDI ARABIA: Gulf Insurance Group reports net loss after Zakat for Q1 2024

KUWAIT: IsDB Institute and Capital Markets Authority of Kuwait sign MoU to strengthen partnership

GLOBAL: IsDB launches multilingual evaluation glossary