Private banking and wealth management: Expanding niche
Tuesday, 17 Dec 2019 | Volume16.Issue50
IFN AnalysisUAE: Central Bank of the UAE begins procedures to assume oversight of insurance sector triggered by merger with Insurance Authority
GERMANY: INAIA Finance to roll out real estate financing platform and digital payment solution
ALGERIA: AOM Invest to issue DZD2.5 million (US$18,762.8)-worth of Sukuk to fund tourism sector
GLOBAL: AAOIFI issues exposure draft on financial statement disclosures for Takaful operators; collecting feedback until March
INDONESIA: Otoritas Jasa Keuangan issues license for tripartite Shariah bank merger; merged entity to be known as Bank Syariah Indonesia
SAUDI ARABIA: Quara Finance welcomes Ehab Mahmoud Hassoubah as chief executive
GLOBAL: Islamic finance expert Mohammed Paracha to lead Norton Rose Fulbright’s Middle Eastern business
IRAN: Hassan Qalibaf Asl joins Ministry of Economic Affairs and Finance of Iran as financial advisor
MALAYSIA: Principal Asset Management Group records RM92.6 billion (US$22.88 billion) in assets under management as of December 2020
GLOBAL: Kazakh ambassador to Iran proposes establishing joint bank between Kazakhstan and Iran
MALAYSIA: KPower Engineering enters into agreement with Public Islamic Bank to collaborate in solar financing program
UAE: First Abu Dhabi Bank appoints Hana Al Rostamani as group CEO
MALAYSIA: RAM Ratings expects Cendana Sejati to default on RM10.28 million (US$2.54 million) profit and principal obligations on senior Sukuk
GLOBAL: Investcorp acquires multifamily residential properties in US for US$330 million
SAUDI ARABIA: AlJazira Takaful Ta’awuni Company to move forward with Solidarity Saudi Takaful Company merger; approves capital raise
QATAR: Qatar Fintech Hub opens hackathon applications for change to be fast-tracked into incubator program
MALAYSIA: Petroleum Sarawak Exploration & Production plans multicurrency Islamic medium-term note program of up to RM15 billion (US$3.71 billion)
MALAYSIA: Infracap Resources to establish RM15 billion (US$3.71 billion) Sukuk Murabahah program
INDONESIA: Indonesia exercises greenshoe option; raises IDR7 trillion (US$495.88 million) from five sovereign Shariah securities
MALAYSIA: Bank Negara Malaysia places two Islamic papers amounting to RM24.94 billion (US$6.16 billion)
QATAR: Fitch expects Al Khalij Commercial Bank–Masraf Al Rayan merger to be neutral to issuer default ratings
UAE: Dubai Financial Market licenses Al Ramz Capital and Al Ansari Financial Services as short-term margin trading providers
BAHRAIN: AAOIFI approves formation of Public Interest Monitoring Consultative Committee, invites nominations for seven seats
SAUDI ARABIA: Tamam Financing Company receives Fatwa for microfinancing app
SAUDI ARABIA: Hakbah raises US$1.2 million seed funding
GLOBAL: Iran and Oman to deepen banking and economic bilateral ties
BANGLADESH: Prime Bank receives US$15 million Murabahah facility from International Islamic Trade Finance Corporation to support cross-border financing
IRAN: Dr Mohammad Ali Dehghan Dehnavi joins Securities and Exchange Organization of Iran as chairman
PAKISTAN: Prime Minister Imran Khan opposes plan to mortgage Fatima Jinnah Park for Sukuk Ijarah issuance
INDONESIA: Mandiri Investment Management partners with Mandiri Syariah on cash Waqf mutual fund
BAHRAIN: Investcorp launches fintech investment platform iPartners developed in collaboration with iCapital Network
INDONESIA: Indonesia raises IDR9 trillion (US$637.62 million) from Sukuk auction; plans additional Sukuk auction with greenshoe option
SAUDI ARABIA: Amana Cooperative Insurance Company secures regulatory approval to reduce capital by SAR110 million (US$29.31 million)
BAHRAIN: Mustafa Ghazi Kheriba resigns as board member of Khaleeji Commercial Bank
SAUDI ARABIA: National Commercial Bank completes US$1.25 billion additional Tier 1 Sukuk issuance with a return rate of 3.5% per annum
IRAN: Iranian Ministry of Economic Affairs and Finance raises IRR39.3 trillion (US$932.25 million) from 35th bond auction
MALAYSIA: UOB Asset Management Malaysia rolls out Shariah compliant United-i Asia ESG Income Fund targeting retail investors
GAMBIA: Central Bank of Gambia concludes Sukuk Salam auction
KUWAIT: Central Bank of Kuwait auctions bonds and related Tawarruq facilities totaling KWD200 million (US$659.17 million)
TURKEY: Ziraat Participation Bank completes return payments to holders of TRY350 million (US$47.41 million) lease certificates
MALAYSIA: Idiwan Solar places unrated Murabahah-based Islamic medium-term note
MALAYSIA: Bank Negara Malaysia issues two Shariah papers
MALAYSIA: BGMC Bras Power prints RM11 million (US$2.72 million) unrated Islamic medium-term note
OMAN: Islamic financial institutions disclose exposure to troubled manufacturing company Abou Nabil
QATAR: Al Jazeera Finance signs cooperation agreement with Al Asmakh Real Estate Development Company to provide residential real estate financing
SINGAPORE: Sabana REIT’s New Tech Park+ in Lorong Chuan could deliver SG$3.5 million (US$2.64 million) in revenue
KAZAKHSTAN: Damu Entrepreneurship Development Fund concludes Islamic financing agreements worth a total of KZT13 billion (US$30.75 billion)
INDONESIA: Sarana Multigriya Finansial to conduct public offering for IDR100.01 billion (US$7.1 million) Sukuk Mudarabah
UK: UK Debt Management Office invites tenders from syndicate banks for second sovereign Sukuk
NIGERIA: Nigeria’s nascent Islamic finance industry could grow as government seeks large financing alternatives
Tuesday, 17 Dec 2019 | Volume16.Issue50
IFN AnalysisTuesday, 12 Nov 2019 | Volume16.Issue45
Case StudyWednesday, 09 Oct 2019 | Volume16.Issue41
IFN ReportsTuesday, 08 Oct 2019 | Volume16.Issue40
Cover StoryTuesday, 24 Sep 2019 | Volume16.Issue38
IFN AnalysisWednesday, 18 Sep 2019 | IFN UK Islamic Finance Week Report 2019
IFN ReportsFriday, 06 Sep 2019 | Volume16.Issue36
IFN ReportsTuesday, 03 Sep 2019 | Volume16.Issue35
News BriefsTuesday, 06 Aug 2019 | Volume16.Issue31
IFN AnalysisMonday, 22 Jul 2019 | ISLAMIC ASSET MANAGEMENT 10th Anniversary Investment Forum
Events reportWednesday, 17 Jul 2019 | Volume16.Issue29
News BriefsTuesday, 16 Jul 2019 | Volume16.Issue28
News BriefsMonday, 03 Jun 2019 | Volume16.Issue22
Cover StoryMonday, 08 Apr 2019 | Volume16.Issue14
News BriefsWednesday, 13 Mar 2019 | Volume16.Issue11
News BriefsFriday, 08 Feb 2019 | Volume16.Issue06
IFN ReportsThursday, 07 Feb 2019 | Volume16.Issue06
IFN ReportsThursday, 31 Jan 2019 | Volume16.Issue05
IFN ReportsTuesday, 29 Jan 2019 | IFN Annual Guide 2019
FeaturesFriday, 25 Jan 2019 | Volume16.Issue04
IFN ReportsWednesday, 23 Jan 2019 | Volume16.Issue04
News BriefsTuesday, 22 Jan 2019 | Volume16.Issue03
Cover StoryTuesday, 15 Jan 2019 | Volume16.Issue02
Cover StoryThursday, 20 Dec 2018 | IFN Gold Report 2018
FeaturesMonday, 19 Nov 2018 | Volume15.Issue47
IFN AnalysisTuesday, 13 Nov 2018 | IFN ASIA Report 2019
IFN AnalysisWednesday, 07 Nov 2018 | Volume15.Issue46
IFN ReportsTuesday, 30 Oct 2018 | Volume15.Issue44
IFN AnalysisFriday, 05 Oct 2018 | Volume15.Issue41
IFN ReportsWednesday, 03 Oct 2018 | Volume15.Issue41
News BriefsMonday, 03 Sep 2018 | Volume15.Issue36
MovesFriday, 24 Aug 2018 | Volume15.Issue35
IFN ReportsTuesday, 07 Aug 2018 | Volume15.Issue32
IFN ReportsTuesday, 31 Jul 2018 | Volume15.Issue31
IFN ReportsFriday, 27 Jul 2018 | Volume15.Issue31
IFN ReportsWednesday, 25 Jul 2018 | Volume15.Issue31
IFN ReportsTuesday, 24 Jul 2018 | Volume15.Issue30
Special ReportsTuesday, 17 Jul 2018 | Volume15.Issue29
IFN AnalysisTuesday, 24 Apr 2018 | Volume15.Issue17
InterviewsWednesday, 21 Mar 2018 | Volume15.Issue13
News BriefsMonday, 26 Feb 2018 | IFNC Volume3.Issue1
Case StudyFriday, 23 Feb 2018 | Volume15.Issue09
IFN ReportsMonday, 19 Feb 2018 | Volume15.Issue08
News BriefsTuesday, 16 Jan 2018 | Volume15.Issue03
Cover StoryTuesday, 02 Jan 2018 | Volume15.Issue01
Case StudyWednesday, 06 Dec 2017 | Volume14.Issue50
Asset ManagementTuesday, 21 Nov 2017 | Volume14.Issue47
IFN ReportsTuesday, 31 Oct 2017 | Volume14.Issue44
Cover StoryMonday, 21 Aug 2017 | Volume14.Issue34
IFN ReportsThursday, 27 Jul 2017 | Volume14.Issue31
IFN Correspondent Reports