IFN Monthly Review: March — Global Sukuk market gains momentum with landmark deals closed
Thursday, 01 Apr 2021 | Volume18.Issue14
IFN ReportsOMAN: Omani Islamic banking assets account for 14.5% of total banking assets in February 2021
BRAZIL: Member of the Federal Senate of Brazil to discuss new legal framework for Islamic finance
EGYPT: Banque Misr to provide EGP4 billion (US$254.62 million) in Islamic financing facilities to several sectors
SAUDI ARABIA: Saudi Real Estate Company to complete termination of Alinma Alakaria RE Fund in two months
GLOBAL: IsDB member countries score 61 on SDG Index; “long way” from 2030 Sustainable Development Goal targets, according to new report
US: IFN welcomes Aghaz Investments CEO Khurram Agha as US correspondent
EGYPT: Inertia Egypt secures EGP1.1 billion (US$70.02 million) Mudarabah financing from Banque Misr to fund Jefaira project
MALAYSIA: Perwaja Steel could issue Islamic medium-term notes worth up to RM400 million (US$96.9 million)
SAUDI ARABIA: Bank Albilad completes issuance of SAR3 billion (US$799.52 million) Tier 2 Sukuk paper via private placement
GLOBAL: Qatar Financial Centre Authority and Labuan IBFC sign MoU to promote bilateral ties including in Islamic finance
GLOBAL: Pos Indonesia unveils physical gold-based digital Islamic product in collaboration with Cayman Island-registered Kinesis
TURKEY: Turkey maintains policy rate at 19%
BANGLADESH: Trust Bank names Humaira Azam as CEO and managing director
KUWAIT: Kuwait Finance House confirms end of group chief information officer’s service
MALAYSIA: Sunway Treasury Sukuk prints two Islamic commercial papers totaling RM115 million (US$27.86 million)
TURKEY: Turkiye Emlak Katilim Bankasi auctions lease certificates worth TRY140 million (US$17.35 million) to qualified investors
MALAYSIA: Bank Negara Malaysia issues three Islamic liquidity management papers
BRUNEI: Autoriti Monetari Brunei Darussalam prices 23rd issuance of AMBD Islamic-Bills at BN$20 million (US$14.98 million) with a profit rate of 0.11%
TURKEY: Albaraka Turk Katilim Bankasi sells lease certificates worth TRY800 million (US$99.14 million)
KUWAIT: Central Bank of Kuwait directs banking sector to nationalize leadership roles
UAE: NMC Healthcare files lawsuit against Dubai Islamic Bank
TURKEY: Participation Bank Association of Turkey releases 2021–25 Participation Banking Strategy Update Report outlining 10 strategies
PAKISTAN: Securities and Exchange Commission of Pakistan rolls out online facility to facilitate issuance of digitally certified true copies of mortgage register and statutory returns
INDONESIA: National Zakat Agency joins hands with Bank Syariah Indonesia to harness IDR300 trillion (US$20.5 billion) Zakat potential
MALAYSIA: BIMB Holdings issues 222.22 million new shares to raise an estimated RM795.6 million (US$192.58 million)
INDONESIA: Bank BCA Syariah signs cooperation agreement with Ministry of Religious Affairs to improve Hajj management services
INDONESIA: Integra Indocabinet lists two-tranche Sukuk Mudarabah on Indonesia Stock Exchange
UAE: Dubai Islamic Bank prices perpetual additional Tier 1 Sukuk at US$500 million with a profit rate of 3.38% per annum
GLOBAL: Islamic Corporation for the Development of the Private Sector collaborates with Arab Tourism Organization to establish tourism development framework for Arab region
OMAN: Tariq Atiq assumes role of chief retail and digital banking officer at National Bank of Oman
TURKEY: Ziraat Participation Bank makes return payments to holders of TRY350 million (US$43.21 million) lease certificates
IRAN: Saba Tamin Investment Company auctions Sukuk Ijarah worth IRR10 trillion (US$236.91 million)
BAHRAIN: Ithmaar Holding and BBK extend acquisition due diligence by three months
TURKEY: Ministry of Treasury and Finance of Turkey collects 9,827 kilograms of gold for lease certificates
MALAYSIA: Tropicana Corporation prints two Islamic medium-term notes totaling RM183 million (US$44.3 million)
MALAYSIA: Sabah Credit Corporation auctions RM150 million (US$36.31 million) Islamic medium-term note with a profit rate of 2.85%
MALAYSIA: Infracap Resources sells 11 Islamic medium-term notes totaling RM5.75 billion (US$1.39 billion)
MALAYSIA: Imtiaz Sukuk II to issue two Sukuk Wakalah papers totaling RM1 billion (US$242.06 million)
MALAYSIA: Gamuda prints Murabahah-based Islamic commercial paper
MALAYSIA: Malaysia issues RM2.5 billion (US$605.15 million) Government Investment Issue Murabahah paper
SAUDI ARABIA: Riyad Capital and BNP Paribas Securities Services to provide joint servicing proposition
MALAYSIA: Infracap Resources secures final ‘AAA(s)/Stable’ rating for RM15 billion (US$3.63 billion) Sukuk Murabahah program
PAKISTAN: Meezan Bank to provide payment and collection services to Tufail Group through digital platform eBiz+
NIGERIA: TAJBank rolls out NQR payment platform powered by Nigeria Inter-Bank Settlement System to offer fast and instant payments
KENYA: Gulf African Bank partners with Toyotsu Auto Mart Kenya to offer Islamic vehicle financing
EGYPT: First Abu Dhabi Bank expects to complete Bank Audi Egypt acquisition by end of 2021; market share to hit up to 5% post-purchase
UAE: SHUAA Capital announces promotions of two senior executives
SAUDI ARABIA: Gulf Union Alahlia Cooperative Insurance Co appoints Mesheal Ibrahim Al Shayea as new CEO
SAUDI ARABIA: Saudi Enaya Cooperative Insurance Company receives regulatory approval on appointment of two new board members
MALAYSIA: Kenanga Investors debuts Kenanga Waqf Al-Ihsan Fund
Thursday, 01 Apr 2021 | Volume18.Issue14
IFN ReportsFriday, 19 Mar 2021 | Volume18.Issue12
IFN ReportsThursday, 18 Mar 2021 | Volume18.Issue12
News BriefsMonday, 15 Mar 2021 | Volume18.Issue11
IFN ReportsTuesday, 04 Aug 2020 | Volume17.Issue31
FeaturesTuesday, 07 Jul 2020 | Volume17.Issue27
Asset ManagementTuesday, 09 Jun 2020 | Volume17.Issue23
IFN AnalysisTuesday, 04 Feb 2020 | Volume17.Issue05
IFN AnalysisTuesday, 14 Jan 2020 | Volume17.Issue02
FeaturesTuesday, 17 Dec 2019 | Volume16.Issue50
IFN ReportsFriday, 08 Nov 2019 | Volume16.Issue45
News BriefsMonday, 04 Nov 2019 | Kuwait 2019
IFN ReportsTuesday, 06 Aug 2019 | Volume16.Issue31
FeaturesFriday, 12 Jul 2019 | Volume16.Issue28
IFN ReportsTuesday, 09 Jul 2019 | Volume16.Issue27
News BriefsFriday, 28 Jun 2019 | Volume16.Issue26
IFN ReportsTuesday, 25 Jun 2019 | Volume16.Issue25
News BriefsFriday, 21 Jun 2019 | Volume16.Issue25
IFN RapidsTuesday, 18 Jun 2019 | Volume16.Issue24
News BriefsMonday, 17 Jun 2019 | Volume16.Issue24
MovesMonday, 17 Jun 2019 | Volume16.Issue24
News BriefsTuesday, 11 Jun 2019 | IFN Saudi Report 2019
IFN AnalysisThursday, 02 May 2019 | Volume16.Issue18
IFN ReportsWednesday, 01 May 2019 | Volume16.Issue18
IFN ReportsFriday, 26 Apr 2019 | Volume16.Issue17
IFN ReportsThursday, 25 Apr 2019 | Volume16.Issue17
News BriefsWednesday, 24 Apr 2019 | Volume16.Issue17
News BriefsMonday, 22 Apr 2019 | Volume16.Issue16
IFN ReportsThursday, 21 Mar 2019 | Volume16.Issue12
News BriefsMonday, 18 Mar 2019 | Volume16.Issue11
IFN ReportsFriday, 15 Mar 2019 | Volume16.Issue11
IFN ReportsThursday, 14 Mar 2019 | Volume16.Issue11
IFN Correspondent ReportsTuesday, 12 Mar 2019 | Volume16.Issue10
News BriefsTuesday, 05 Mar 2019 | Volume16.Issue09
IFN ReportsMonday, 25 Feb 2019 | Volume16.Issue08
News BriefsMonday, 11 Feb 2019 | Volume16.Issue06
News BriefsFriday, 08 Feb 2019 | Volume16.Issue06
News BriefsMonday, 04 Feb 2019 | Volume16.Issue05
IFN AnalysisTuesday, 29 Jan 2019 | IFN Annual Guide 2019
FeaturesMonday, 14 Jan 2019 | Volume16.Issue02
News BriefsFriday, 11 Jan 2019 | Volume16.Issue02
IFN ReportsTuesday, 08 Jan 2019 | Volume16.Issue01
News BriefsWednesday, 12 Dec 2018 | Volume16.Issue01
News BriefsFriday, 02 Nov 2018 | Volume15.Issue45
DealsTuesday, 30 Oct 2018 | Volume15.Issue44
Cover StoryFriday, 12 Oct 2018 | Volume15.Issue42
IFN ReportsThursday, 11 Oct 2018 | Volume15.Issue42
Rating UpdatesWednesday, 10 Oct 2018 | Volume15.Issue42
News BriefsMonday, 08 Oct 2018 | Volume15.Issue41
MovesFriday, 05 Oct 2018 | Volume15.Issue41
IFN Reports