Kicking the bricks
Tuesday, 12 Apr 2022 | Volume19.Issue15
IFN Correspondent ReportsSAUDI ARABIA: United Cooperative Assurance Co reports net loss before Zakat of SAR19.86 million (US$5.3 million) for first quarter of 2022
SAUDI ARABIA: Gulf Union Alahlia Cooperative Insurance Co records net loss before Zakat of SAR20.39 million (US$5.43 million) for first quarter of 2022
SAUDI ARABIA: Gulf General Cooperative Insurance Co reports net loss before Zakat of SAR18.07 million (US$4.81 million) for first quarter of 2022
SAUDI ARABIA: CHUBB Arabia Cooperative Insurance Co sees net profit before Zakat decline by 16.19% on year-on-year basis to SAR2.03 million (US$541,634) for first quarter of 2022
SAUDI ARABIA: Allianz Saudi Fransi Cooperative Insurance Co reports net profit before Zakat of SAR3.19 million (US$850,669) for first quarter of 2022
GLOBAL: Turk Eximbank and Etihad Credit Insurance sign MoU to enhance Halal trade and support business relations between Turkey and the UAE
QATAR: Shariah compliant crypto exchange CoinMENA launches in Qatar
SAUDI ARABIA: Riyad Bank calls for board membership nominations
BANGLADESH: Bangladesh Bank asks Islamic banks and conventional banks with Islamic operations to submit information on Shariah committee members
RUSSIA: Sber to offer Shariah compliant business lending product
INDONESIA: Bank Syariah Indonesia to conduct rights issue exercise worth IDR5 trillion (US$350 million)
SAUDI ARABIA: Bashar Yahya Alqunaibet resigns as deputy chairman of SABB Takaful
INDONESIA: PEFINDO affirms ‘idA+(sy)’ rating on Oki Pulp and Paper Mills’s Sukuk I Year 2021 Series A worth IDR700 billion (US$49 million) maturing on the 18th July 2022
INDONESIA: PEFINDO affirms ‘idA+(sy)’ rating on Jasamarga Pandaan Tol’s Sukuk Ijarah Year 2019
INDONESIA: PEFINDO raises rating for Hutama Karya’s Shelf Registered Sukuk I to ‘idAA-(sy)’ from ‘idA(sy)’
GLOBAL: Bahrain Bourse and Abu Dhabi Securities Exchange discuss high-level strategic partnership to implement cooperation agreement signed in November 2021
INDONESIA: Indonesia to issue project-based Sukuk paper via private placement
MALAYSIA: Bank Negara Malaysia issues five Shariah papers
UK: Cloud native banking technology company Thought Machine closes Series D funding round
SAUDI ARABIA: ANB Invest signs agreement with Hisham Al Musa Group to invest SAR700 million (US$186.4 million) in real estate project
BAHRAIN: Central Bank of Bahrain launches Bahrain Open Banking Supernova 2022 innovation challenges
KUWAIT: Assets under management at Kamco Invest grow by 10.1% for first quarter of 2022
PAKISTAN: Salaam Takaful records surplus in Participants Takaful Fund and announces 13,737 eligible policyholders to receive surplus distribution
BAHRAIN: Al Takaful International Company signs joint cooperation agreement with Al Fateh Group to provide Takaful coverage
UAE: Takaful Emarat reports total assets of AED1.03 billion (US$280.39 million) for first quarter of 2022
UAE: Dubai Islamic Insurance and Reinsurance Company reports net profit for shareholders of AED86,649 (US$23,588) for first quarter of 2022
MALAYSIA: MARC assigns final rating of ‘AAAIS’ to TNB Power Generation’s RM10 billion (US$2.28 billion) Sukuk program with a stable outlook
MALAYSIA: MARC affirms ‘AAIS’ rating on Kimanis Power’s RM585 million (US$133.09 million) outstanding Sukuk with stable outlook
GLOBAL: Gulf Islamic Investments-backed zSpace merges with EdtechX Holdings Acquisition Corp II
SAUDI ARABIA: Capital Intelligence affirms Al Rajhi Banking and Investment Corporation’s long-term foreign currency rating at ‘A+’ with stable outlook
INDONESIA: PEFINDO affirms ‘idAAA(sy)’ rating on Adira Finance’s IDR134 billion (US$9.38 million) Shelf PUB Sukuk Mudarabah IV/2020 Phase II/2021 Series A
GLOBAL: Astana International Financial Centre and UN in Kyrgyz Republic to promote green finance and investment with emphasis on Islamic finance industry
GLOBAL: Norton Rose Fulbright appoints David Johnston as partner of banking and finance team
INDONESIA: Indonesia exercises greenshoe option; raises IDR3.29 trillion (US$230.3 million) from four papers
MALAYSIA: Bank Negara Malaysia issues five Islamic papers totaling RM21.75 billion (US$4.95 billion)
BANGLADESH: Bangladesh Bank auctions two Bangladesh Government Islami Investment Bonds
SAUDI ARABIA: Al Sagr Cooperative Insurance Co announces calling candidature for board member elections to fill five vacant chairs in current session
SAUDI ARABIA: Alinma Tokio Marine Co reports net profit before Zakat of SAR1.36 million (US$362,154) for first quarter of 2022
SAUDI ARABIA: Al Alamiya for Cooperative Insurance Co reports net loss before Zakat of SAR20.78 million (US$5.53 million) for first quarter of 2022
OMAN: Capital Intelligence affirms Alizz Islamic Bank’s long- and short-term ratings at ‘omAA’ and ‘omA1+’ respectively
MALAYSIA: Amanah Ikhtiar Malaysia disburses RM980 million (US$223.49 million) in financing to microentrepreneurs from January to May 2022
BANGLADESH: Bank Asia reelects Rumee A Hossain as chairman of board executive committee
INDONESIA: Indonesia raises IDR4.28 trillion (US$299.6 million) from Sukuk auction; to conduct additional Sukuk auction with greenshoe option
SOUTH AFRICA: WealthPoint launches Shariah compliant global real estate investment platform Shari’ah Wealth
BAHRAIN: Ithmaar Holding reports total net profit of US$6.47 million for the first quarter of 2022 compared with US$13.85 million for the same period in 2021
UAE: Dar Al Takaful reports AED1.16 billion (US$315.75 million) in total Takaful operations’ assets as at the 31st March 2022
MALAYSIA: RAM reaffirms Public Islamic Bank’s ‘AAA/Stable/P1’ financial institution ratings and ‘AAA/Stable’ and ‘AA1/Stable’ senior and subordinated Sukuk ratings respectively
QATAR: Qatar Islamic Bank introduces new features to mobile app to simplify digital banking experience
MALAYSIA: West Coast Expressway prints RM9 million (US$2.05 million) Islamic paper with a profit rate of 10%
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers oversubscribed
Tuesday, 12 Apr 2022 | Volume19.Issue15
IFN Correspondent ReportsTuesday, 08 Mar 2022 | Volume19.Issue10
IFN Correspondent ReportsThursday, 13 Jan 2022 | IFN Annual Guide 2022
FeaturesThursday, 02 Dec 2021 | Volume18.Issue49
IFN Correspondent ReportsMonday, 08 Nov 2021 | Volume18.Issue45
IFN Correspondent ReportsTuesday, 12 Oct 2021 | Volume18.Issue41
IFN Correspondent ReportsThursday, 09 Sep 2021 | Volume18.Issue37
IFN Correspondent ReportsTuesday, 13 Jul 2021 | Volume18.Issue28
IFN Correspondent ReportsMonday, 03 May 2021 | Volume18.Issue18
IFN Correspondent ReportsMonday, 01 Feb 2021 | Volume18.Issue05
IFN Correspondent ReportsTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 08 Dec 2020 | Volume17.Issue49
IFN Correspondent ReportsFriday, 06 Nov 2020 | Volume17.Issue45
IFN Correspondent ReportsMonday, 05 Oct 2020 | Volume17.Issue40
IFN Correspondent ReportsThursday, 10 Sep 2020 | Volume17.Issue37
IFN Correspondent ReportsThursday, 09 Jul 2020 | Volume17.Issue28
IFN Correspondent ReportsWednesday, 10 Jun 2020 | Volume17.Issue24
Asset ManagementTuesday, 09 Jun 2020 | Volume17.Issue23
IFN Correspondent ReportsMonday, 11 May 2020 | Volume17.Issue19
IFN Correspondent ReportsWednesday, 06 May 2020 | IFN Annual Guide 2020
FeaturesMonday, 13 Apr 2020 | Volume17.Issue15
IFN Correspondent ReportsWednesday, 08 Apr 2020 | Volume17.Issue15
News BriefsFriday, 06 Mar 2020 | Volume17.Issue10
IFN Correspondent ReportsFriday, 31 Jan 2020 | Volume17.Issue05
IFN Correspondent ReportsTuesday, 03 Dec 2019 | Volume16.Issue48
IFN Correspondent ReportsTuesday, 22 Oct 2019 | Volume16.Issue42
IFN Correspondent ReportsFriday, 06 Sep 2019 | Volume16.Issue36
IFN Correspondent ReportsThursday, 11 Jul 2019 | Volume16.Issue28
IFN Correspondent ReportsTuesday, 04 Jun 2019 | Volume16.Issue23
IFN Correspondent ReportsFriday, 03 May 2019 | Volume16.Issue18
IFN Correspondent ReportsTuesday, 02 Apr 2019 | Volume16.Issue13
IFN Correspondent ReportsThursday, 07 Mar 2019 | Volume16.Issue10
IFN Correspondent ReportsTuesday, 29 Jan 2019 | IFN Annual Guide 2019
FeaturesTuesday, 22 Jan 2019 | Volume16.Issue03
IFN AnalysisWednesday, 12 Dec 2018 | IFN Australia Report 2019
IFN Correspondent ReportsMonday, 19 Nov 2018 | Volume15.Issue47
IFN Correspondent ReportsMonday, 22 Oct 2018 | Volume15.Issue43
IFN Correspondent ReportsWednesday, 19 Sep 2018 | Volume15.Issue39
IFN Correspondent ReportsMonday, 10 Sep 2018 | UK Islamic Finance Week Report 2018
Cover StoryFriday, 17 Aug 2018 | Volume15.Issue34
IFN Correspondent ReportsThursday, 21 Jun 2018 | Volume15.Issue26
IFN Correspondent ReportsWednesday, 23 May 2018 | Volume15.Issue22
IFN Correspondent ReportsThursday, 19 Apr 2018 | Volume15.Issue17
IFN Correspondent ReportsTuesday, 17 Apr 2018 | Volume15.Issue16
IFN AnalysisWednesday, 21 Mar 2018 | Volume15.Issue13
IFN Correspondent ReportsWednesday, 07 Mar 2018 | UKIF February 2018
IFN ReportsWednesday, 21 Feb 2018 | Volume15.Issue09
IFN Correspondent ReportsTuesday, 13 Feb 2018 | Volume15.Issue07
News BriefsFriday, 19 Jan 2018 | Volume15.Issue04
IFN ReportsThursday, 18 Jan 2018 | Volume15.Issue04
News Briefs