JORDAN: Jordan Islamic Bank signs partnership agreement with Social Security Corporation to offer Daman Pay services to bank customers
MALAYSIA: Takaful Ikhlas fulfills Zakat obligations totaling RM446,835 (US$105,572) for financial year ended the 31st March 2021
IRAN: Securities and Exchange Organization of Iran signs agreement with central bank to establish settlement bank
GLOBAL: Banque Sahelo-Saharienne Pour L’Investissement Et Le Commerce prepares for establishment of Islamic windows
INDONESIA: New UN program in Indonesia aims to tap innovative financing instruments including Islamic capital to fill sustainable development goals funding gap
INDONESIA: Vice-President Ma’ruf Amin urges regulatory authorities to issue regulation and guideline to boost digital Shariah economy
INDONESIA: Bank BCA Syariah inaugurates new sub-branch office in Banyuwangi City
PAKISTAN: Dubai Islamic Bank Pakistan introduces Johara Account for women
BANGLADESH: City Bank launches redesigned Islamic banking service
INDONESIA: Indah Kiat Pulp & Paper issues three-tranche Sukuk Mudarabah worth IDR738.8 billion (US$50.81 million)
INDONESIA: Garuda Indonesia defers repayment of outstanding Sukuk worth US$500 million
BRUNEI: Brunei Darussalam Central Bank prices 52nd issuance of BDCB Islamic-Bills at BN$27 million (US$19.66 million)
MALAYSIA: Bank Negara Malaysia issues two Islamic liquidity management papers
TURKEY: Albaraka Turk Katilim Bankasi auctions lease certificates worth TRY100 million (US$7.28 million)
BRUNEI: BIBD Securities unveils Arabesque Global ESG Momentum Flexible Allocation Fund
MALAYSIA: Axis REIT raises RM334.7 million (US$79.08 million) from private placement exercise
ALGERIA: Takaful companies to open doors in Algeria before end of 2021, according to prime minister
SAUDI ARABIA: Mediterranean and Gulf Cooperative Insurance and Reinsurance Company strikes one-year deal with Saudi Electricity Company
MALAYSIA: RAM reaffirms ‘AA2/Stable’ rating on Kesas’s RM735 million (US$173.75 million) Sukuk Musharakah
SAUDI ARABIA: Wa’ed and RAED Ventures invests SAR19 million (US$5.06 million) in fintech startup Lamaa
GLOBAL: Royal Award for Islamic Finance calls for global nominations; introduces Emerging Leader Prize and the Impact Challenge Prize
GLOBAL: Responsible Finance & Investment Foundation publishes research findings supporting Islamic ESG proposition
GLOBAL: MRHB DeFi receives investment from Shanghai’s Sinofy Group
INDONESIA: Bank Syariah Indonesia launches Electronic Data Capture and Quick Response Code Indonesian Standard machines in Aceh
INDONESIA: Telkom Indonesia collaborates with peer-to-peer financier ALAMI Sharia to provide agricultural financing
GAMBIA: APS Islamic Microfinance launches in Gambia
AUSTRALIA: Amirsan Roberto joins MRHB DeFi as head of investments and partnerships
MALAYSIA: CIMB Islamic Bank to launch Hibah-based Takaful products
BANGLADESH: Bangladesh Finance signs agreement with Leeds Corporation to implement Islamic core banking platform
AUSTRALIA: Michael Trist joins Hejaz Financial Services as general manager of sales and distribution
SAUDI ARABIA: SEDCO Holding appoints Rayyan Mohammed Nagadi as new CEO
MALAYSIA: Sunway Treasury Sukuk prints RM25 million Islamic commercial paper
MALAYSIA: Prasarana Malaysia auctions three Islamic medium-term notes totaling RM350 million (US$82.74 million)
INDONESIA: Steel Pipe Industry of Indonesia lists two-tranche Sukuk Ijarah worth IDR150 billion (US$10.42 million) on Indonesia Stock Exchange
MALAYSIA: Bank Negara Malaysia prints Murabahah and Qard papers to facilitate liquidity management
SAUDI ARABIA: Al Sagr Cooperative Insurance Co posts net loss before Zakat of SAR18.92 million (US$5.04 million)
MALAYSIA: Hong Leong Bank records decrease in net income from Islamic banking business
MALAYSIA: MNRB Holdings reports higher profits for Family Takaful business while General Takaful business declines in six months ending 30th September 2021
MALAYSIA: Bank Islam Malaysia makes 19.3% gain in pre-Zakat profit for first nine months of 2021 to RM627.8 million (US$148.98 million)
GLOBAL: Kuwait Finance House to update studies of acquisition of Ahli United Bank Bahrain
KUWAIT: GFH Financial Group sets timetable of revised offer for acquisition of Khaleeji Commercial Bank’s shares
IRAN: Securities and Exchange Organization revises minimum capital adequacy requirements for financial institutions
GLOBAL: General Council for Islamic Banks and Financial Institutions submits comments on three exposure drafts to AAOIFI
SAUDI ARABIA: Aljazira Takaful Taawuni Co agrees to increase capital by issuing new shares
PAKISTAN: Pakistani regulator approves new Family Takaful operator to offer life insurance business
PAKISTAN: United Bank and U Microfinance Bank sign MoU to collaborate on Islamic microfinance, among others
BAHRAIN: Bahrain Development Bank appoints Dalal Al Qais as CEO
MALAYSIA: Penang mulls investment in Sukuk and bond markets
PAKISTAN: Pakistan to raise PKR6.9 trillion (US$39.2 billion) via Sukuk and bonds
SAUDI ARABIA: Rawaj Real Estate Company signs amended lease agreement with Al Rajhi REIT to reschedule unpaid dues
