Cross-border financing: Challenging times
Tuesday, 05 May 2020 | Volume17.Issue18
IFN AnalysisINDONESIA: 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
PHILIPPINES: Al Amanah Islamic Investment Bank Director Miguel C Abaya passes away
INDONESIA: Bank Syariah Indonesia targets to distribute IDR2 trillion (US$136.57 million) through Housing Financing Liquidity Facility in 2021
UAE: National Takaful Company approves 7.5% dividend payment to shareholders for 2020
QATAR: Qatar Islamic Bank posts increase in net profit for first quarter of 2021
MALAYSIA: Bank Kerjasama Rakyat Malaysia declares 13% dividend for 2020 financial year
BAHRAIN: Al Salam Bank Bahrain launches newly revamped Danat Savings Scheme for 2021
UAE: Abu Dhabi Islamic Bank defers installment repayments on personal financing for one month during Ramadan
NIGERIA: National Hajj Commission of Nigeria and Jaiz Bank roll out Hajj Savings Scheme in Benue state
CAMEROON: International Islamic Trade Finance Corporation and Cameroonian government sign two agreements to support key sectors
MALAYSIA: AIA Public Takaful appoints Mahani Amat as board chairperson
BAHRAIN: Oil and Gas Holding Company issues US$600 million Sukuk with profit rate of 5.25%
MALAYSIA: Maybank Islamic completes early full redemption of Islamic commercial papers
TURKEY: Kuveyt Turk Katilim Bankasi sells lease certificates worth TRY200 million (US$24.54 million)
INDONESIA: Indonesia targets IDR10 trillion (US$682.84 million) in upcoming Sukuk auction
GLOBAL: International Islamic Liquidity Management Corporation reissues three-tranche short-term Sukuk paper totaling US$1.1 billion
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers oversubscribed
MALAYSIA: Bank Negara Malaysia issues two Islamic liquidity management papers totaling RM18.15 billion (US$4.39 billion)
TUNISIA: Remaining near-term pressures land negative outlook on Wifak International Bank’s ‘BB-(tun)’ national long-term rating
MALAYSIA: Tulus partners with Touch ’n Go; to facilitate Zakat payments for nine states during Ramadan
PAKISTAN: Securities and Exchange Commission of Pakistan amends Murabahah Share Financing Regulations to add two new measures
SAUDI ARABIA: Filling & Packing Material MFG Co renews Islamic banking facility for working capital purposes
UAE: Emirates Development Bank to sign agreements with five partner banks to boost industrial sector
GLOBAL: HR outsourcing company Reach Group secures US$20 million in Islamic financing from NBK Capital Partner to facilitate regional expansion
UK: Norton Rose Fulbright to partner IFN UK Forum 2021
INDONESIA: Bank Mega Syariah launches M-Syariah mobile app
Displaying 1 - 27 of 27
Tuesday, 05 May 2020 | Volume17.Issue18
IFN AnalysisMonday, 06 Apr 2020 | IFN HF Volume5.Issue2
IFN ReportsTuesday, 24 Mar 2020 | Volume17.Issue12
Case StudyTuesday, 03 Mar 2020 | Volume17.Issue09
News BriefsFriday, 07 Feb 2020 | Volume17.Issue06
IFN ReportsTuesday, 14 Jan 2020 | Volume17.Issue02
Cover StoryFriday, 08 Jun 2018 | Volume15.Issue24
News BriefsFriday, 01 Jun 2018 | IFNC Volume3.Issue4
IFN ReportsThursday, 10 May 2018 | Volume15.Issue20
News BriefsTuesday, 19 Sep 2017 | Volume14.Issue38
Cover StoryThursday, 24 Aug 2017 | Volume14.Issue35
News BriefsTuesday, 20 Jun 2017 | Volume14.Issue25
DealsFriday, 01 Jul 2016 | Volume13.Issue27
IFN ReportsWednesday, 29 Jun 2016 | Volume13.Issue27
News BriefsSaturday, 16 Apr 2016 | IFNC Volume1.Issue04
News BriefsFriday, 08 Apr 2016 | Volume13.Issue15
IFN ReportsMonday, 04 Apr 2016 | Volume13.Issue14
News BriefsTuesday, 21 Oct 2014 | Volume11.Issue42
News BriefsThursday, 10 Jul 2014 | Volume11.Issue28
News BriefsThursday, 26 Jun 2014 | Volume11.Issue26
DealsFriday, 06 Jun 2014 | Volume11.Issue23
News BriefsWednesday, 04 Jun 2014 | Volume11.Issue22
IFN ReportsWednesday, 04 Jun 2014 | Volume11.Issue23
News BriefsThursday, 29 May 2014 | Volume11.Issue22
News BriefsWednesday, 28 May 2014 | Volume11.Issue22
News BriefsTuesday, 11 Mar 2014 | Volume11.Issue10
News BriefsMonday, 03 Oct 2011 | Volume8.Issue39
News Briefs