Saudi Arabia: Prioritizing Islamic finance
Tuesday, 06 Jun 2023 | Volume20.Issue23
IFN AnalysisTURKIYE: Agritech company Tarfin to issue Sukuk worth TRY70 million (US$3.05 million)
INDONESIA: Ananta Bangun Graha registers Sukuk worth IDR1.1 billion (US$73,933.9) on Indonesia Central Securities Depository
GLOBAL: CIMB Islamic confirms support as partner for IFN events in 2023
UK: BLOMINVEST BANK and partners launch Shariah compliant SAED Green UK Fund worth GBP300 million (US$373.13 million)
BANGLADESH: Pubali Bank re-elects Monzurur Rahman as chairman of board of directors
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM37 billion (US$8.04 billion) in total
BANGLADESH: Five banks secure Bangladesh Bank’s Islamic Banks Liquidity Facility
UAE: GFH Financial Group increases total holding of own treasury shares to 9.77% of total issued shares
MALAYSIA: Bursa Malaysia RAM Capital receives approval-in-principle from Securities Commission Malaysia to manage and operate debt fundraising platform
UK: Shariah compliant bridge property finance provider Offa appoints head of operations and head of compliance
PAKISTAN: Meezan Bank partners with Fauree to develop Islamic supply chain financing platform
MALAYSIA: Pengurusan Air SPV issues Islamic medium-term notes worth RM1.81 billion (US$393.04 million) in total
INDONESIA: Indonesian government’s auction of Islamic papers receives total bids of IDR60.04 trillion (US$4.04 billion)
SAUDI ARABIA: Capital Market Authority approves Al-Rajhi Company for Cooperative Insurance’s capital increase
OMAN: Central Bank of Oman allows new activities for finance and leasing companies and relaxes conditions for existing activities
UAE: Dubai Islamic Bank partners with IBM Consulting to accelerate data transformation journey
UAE: Aafaq Islamic Finance partners with Mastercard for credit, prepaid and commercial SME offerings
GLOBAL: IsDB Group and subsidiaries renew long-standing partnership with IFN as multilateral strategic partner for 2023
SAUDI ARABIA: Zahrat Al-Waha Trading Company renews Islamic financing and banking services agreement with Saudi National Bank worth SAR60 million (US$15.99 million)
UAE: Central Bank of the UAE meets with CEOs of UAE banks to discuss future initiatives for banking sector with focus on advancing green finance
MALAYSIA: Hong Leong Islamic Bank appoints Dafinah Ahmed Hilmi as CEO
GAMBIA: Central Bank of The Gambia completes auction of three-month, six-month and one-year Sukuk Salam facilities
BAHRAIN: Central Bank of Bahrain’s BHD26 million (US$68.54 million) Sukuk Ijarah oversubscribed
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM32.8 billion (US$7.12 billion) in total
PAKISTAN: Securities and Exchange Commission of Pakistan grants no-objection certificates to four voluntary pension fund schemes
MALAYSIA: Securities Commission Malaysia and Bursa Malaysia roll out new mandatory onboarding program on sustainability for directors
SAUDI ARABIA: Capital Market Authority approves public offer of Eastern Region Associations Endowment Fund by Al Rajhi Capital
KUWAIT: Capital Market Authority approves Kuwait Projects Company’s international Sukuk program with value not exceeding US$2 billion
BANGLADESH: Bangladesh Bank holds auction for government Sukuk
UAE: Dubai International Financial Centre partners with Dubai Islamic Bank for AccelerateHER program to empower women financial services professionals
SAUDI ARABIA: Ejada Capital Company secures license to conduct managing investments and operating funds and arranging activities in securities business
SAUDI ARABIA: Al Rajhi REIT Fund completes cash subscription process to increase total value of fund’s assets
BAHRAIN: Fitch affirms GFH Financial Group at ‘B’ with stable outlook
UK: Islamic Finance Advisory certifies online Islamic inheritance planning platform Waseeya as Shariah compliant
OMAN: Bank Nizwa appoints Azzan Al Saleh as new assistant general manager of SME division
INDONESIA: Indonesian government aims to raise IDR9 trillion (US$604.99 million) through auction of six Sukuk series today
IRAN: Securities and Exchange Organization of Iran approves general structure of supplementary pension investment funds, reports Ilna
UAE: National Bonds Corporation acquires additional 5% stake in Taaleem Holdings Group; solidifies position as largest shareholder with 22% stake
MALAYSIA: Hong Leong Financial Group’s total income from Islamic banking and Takaful businesses increases 12.6% for period ended 31st March 2023
GLOBAL: UAE’s Securities and Commodities Authority signs MoU with Astana Financial Services Authority to establish framework for securities sectors
GLOBAL: HAQQ Network signs partnership with SUSHI as initial decentralized exchange for HAQQ and Islamic Coin users
TANZANIA: UNDP Sustainable Finance Hub opens discussion on sustainable bond and Sukuk issuance in Zanzibar
MALAYSIA: RAM affirms Midciti Sukuk’s Sukuk Murabahah program at ‘AAA/Stable’
GLOBAL: IsDB participates in 17th Ministerial Roundtable of the Horn of Africa Initiative as observer
BAHRAIN: Ithmaar Holding’s shareholders approve injection of Tier 1 capital worth US$200 million
PHILIPPINES: Philippine Department of Finance to sell 137 properties in 2023, including Al-Amanah Islamic Investment Bank’s lots in Davao City
UAE: Dubai Islamic Bank launches fully-fledged digital umbrella brand DIB ‘alt’
BRUNEI: Brunei Darussalam Central Bank prices 124th issuance of Islamic treasury bills worth BN$10 million (US$7.41 million)
OMAN: Oman Telecommunications Company establishes sustainable finance framework to access green bonds or Sukuk, among others
SAUDI ARABIA: Bidaya Home Finance Company changes name to Bidaya Finance Company as part of expansion
Tuesday, 06 Jun 2023 | Volume20.Issue23
IFN AnalysisMonday, 15 May 2023 | Volume20.Issue20
News BriefsWednesday, 19 Apr 2023 | Volume20.Issue17
MovesTuesday, 18 Apr 2023 | Volume20.Issue16
IFN ReportsTuesday, 04 Apr 2023 | Volume20.Issue14
Case StudyTuesday, 28 Mar 2023 | Volume20.Issue13
Rating UpdatesWednesday, 18 Jan 2023 | Volume20.Issue04
IFN Correspondent ReportsFriday, 06 Jan 2023 | Volume20.Issue02
News BriefsWednesday, 04 Jan 2023 | Volume20.Issue02
News BriefsThursday, 22 Dec 2022 | Volume20.Issue01
News BriefsTuesday, 06 Dec 2022 | Volume19.Issue49
News BriefsMonday, 31 Oct 2022 | Volume19.Issue44
DealsFriday, 28 Oct 2022 | Volume19.Issue44
News BriefsMonday, 03 Oct 2022 | Volume19.Issue40
Takaful NewsFriday, 12 Aug 2022 | Volume19.Issue33
News BriefsThursday, 07 Jul 2022 | Volume19.Issue28
News BriefsTuesday, 28 Jun 2022 | Volume19.Issue26
Asset ManagementTuesday, 14 Jun 2022 | Volume19.Issue24
News BriefsThursday, 09 Jun 2022 | Volume19.Issue24
Takaful NewsWednesday, 08 Jun 2022 | Volume19.Issue24
News BriefsTuesday, 07 Jun 2022 | Volume19.Issue23
IFN AnalysisTuesday, 17 May 2022 | Volume19.Issue20
News BriefsTuesday, 10 May 2022 | Volume19.Issue19
News BriefsTuesday, 26 Apr 2022 | Volume19.Issue17
Rating UpdatesMonday, 18 Apr 2022 | Volume19.Issue16
News BriefsFriday, 07 Jan 2022 | Volume19.Issue02
News BriefsMonday, 13 Dec 2021 | Volume18.Issue50
News BriefsTuesday, 07 Dec 2021 | Volume18.Issue49
News BriefsWednesday, 10 Nov 2021 | Volume18.Issue46
Rating UpdatesThursday, 04 Nov 2021 | Volume18.Issue45
Takaful NewsThursday, 04 Nov 2021 | Volume18.Issue45
News BriefsFriday, 01 Oct 2021 | Volume18.Issue40
Takaful NewsMonday, 30 Aug 2021 | Volume18.Issue35
News BriefsFriday, 30 Jul 2021 | Volume18.Issue31
News BriefsTuesday, 27 Jul 2021 | Volume18.Issue30
Rating UpdatesFriday, 09 Jul 2021 | Volume18.Issue28
News BriefsMonday, 28 Jun 2021 | Volume18.Issue26
News BriefsTuesday, 08 Jun 2021 | Volume18.Issue23
IFN AnalysisTuesday, 01 Jun 2021 | Volume18.Issue22
Takaful NewsTuesday, 04 May 2021 | Volume18.Issue18
IFN AnalysisMonday, 26 Apr 2021 | Volume18.Issue17
News BriefsMonday, 12 Apr 2021 | Volume18.Issue15
IFN ReportsTuesday, 16 Mar 2021 | Volume18.Issue11
IFN AnalysisFriday, 08 Jan 2021 | Volume18.Issue02
IFN Correspondent ReportsTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesThursday, 17 Dec 2020 | Volume18.Issue01
Takaful NewsThursday, 03 Dec 2020 | Volume17.Issue49
Rating UpdatesThursday, 19 Nov 2020 | Volume17.Issue47
News BriefsTuesday, 17 Nov 2020 | Volume17.Issue46
IFN AnalysisTuesday, 10 Nov 2020 | Volume17.Issue45
Features