The path from COP26: The role of Islamic finance in transition financing
Tuesday, 30 Nov 2021 | IFN sustainable Investing Thought Leadership Report 2021
IFN ReportsUK: 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
BRUNEI: Brunei Darussalam Central Bank prices 206th issuance of Sukuk Ijarah paper at BN$100 million (US$72.11 million)
MALAYSIA: Bank Negara Malaysia issues five Shariah papers
BAHRAIN: GFH Financial Group increases stake in GB Corp from 50.41% to 62.91% through strategic swaps valued at US$1.7 million
SAUDI ARABIA: Walaa Cooperative Insurance Co records net loss before Zakat of SAR32.31 million (US$8.6 million)
SAUDI ARABIA: Company for Cooperative Insurance announces net profit before Zakat of SAR41.49 million (US$11.05 million) for first quarter of 2022
SAUDI ARABIA: Alinma Bank’s long-term issuer default rating affirmed by Fitch at ‘BBB+’ with positive outlook
GLOBAL: Sidra Capital confirms support for IFN KSA Dialogues 2022 and IFN Asia Forum 2022
UAE: Amlak Finance announces increase in net group profit for first quarter of 2022 by 116% compared with the same period last year
OMAN: Omivest concludes capacity-building program on environmental, social and governance practices across group companies
KUWAIT: Kuwait Finance House participates in financing of KNPC clean fuel project
SAUDI ARABIA: Watani Iron Steel Company secures Islamic financing facility worth SAR20 million (US$5.33 million) from Arab National Bank
GLOBAL: Arab Regional Payments Clearing and Settlement Organization welcomes Jordan Islamic Bank in network of participants
PAKISTAN: Pakistan government to receive funding worth US$761 million from IsDB and Global Polio Eradication Initiative for polio eradication program
PAKISTAN: FEMPROW partners with State Bank of Pakistan to make SME Finance Clinic scheme accessible for women entrepreneurs and working professionals
MALAYSIA: RHB Banking Group announces several senior appointments including Syed Ahmad Taufik Albar as managing director of group wholesale banking
BANGLADESH: Jamuna Bank promotes Md Abdus Salam as additional managing director
MALAYSIA: Titijaya Land sells Mudarabah-based Islamic commercial paper worth RM40 million (US$9.09 million)
MALAYSIA: Sunway Treasury Sukuk issues RM50 million (US$11.36 million) Islamic commercial paper
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Tuesday, 30 Nov 2021 | IFN sustainable Investing Thought Leadership Report 2021
IFN ReportsWednesday, 23 Mar 2016 | Volume13.Issue12
IFN ReportsMonday, 02 Mar 2015 | IFN Awards Guide 2015
IFN AwardsWednesday, 07 Jan 2015 | Volume12.Issue01
Cover StoryWednesday, 06 Aug 2014 | Volume11.Issue31
Cover StoryFriday, 04 Oct 2013 | Volume10.Issue40
News BriefsTuesday, 28 Feb 2012 | Volume9.Issue08
News BriefsWednesday, 04 Jan 2012 | Volume9: Special Awards Issue
IFN AwardsTuesday, 15 Nov 2011 | Volume8.Issue45
News BriefsWednesday, 06 Jul 2011 | Volume8.Issue26
News Briefs