Abu Dhabi-headquartered conglomerate issues inaugural Sukuk facility
Wednesday, 15 Nov 2023 | Volume20.Issue47
ReportsINDONESIA: Indonesian government working on issuing green Sukuk to tackle climate crisis
MALAYSIA: Syarikat Takaful Malaysia Keluarga’s income increases to RM639.5 million (US$136.52 million) for Q3 2023
INDONESIA: OJK releases Shariah securities list of 629 shares of issuers and public companies
NIGERIA: IsDB Institute and Nigerian Exchange hold Islamic market knowledge workshop in Nigeria
MALAYSIA: RHB Islamic Bank’s pre-tax profit reaches RM812.4 million (US$173.43 million) for nine-month period ending the 30th September 2023
KUWAIT: Court rules in favor of Kuwait International Bank regarding case of sale of foreclosed real estates at public auction for settlement of debt
PAKISTAN: State Bank of Pakistan conducts Shariah compliant Mudarabah-based open market operation liquidity injection
UAE: Wahed Invest secures permit from Abu Dhabi Global Market; launches in UAE
UAE: FSRA of Abu Dhabi Global Market grants eToro financial services permission to function as a broker
MALAYSIA: Employees Provident Fund to separate Shariah and conventional savings assets, starting from 1st January 2024
MALAYSIA: Bursa Malaysia partners with UN Global Compact Network Malaysia & Brunei to explore sustainability-focused capability
SAUDI ARABIA: Abdulrahman Mohammed Aldokheel resigns as CEO of Buruj Cooperative Insurance Company
UAE: Mashreq Bank to establish US$2.5 billion Sukuk program
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM27.58 billion (US$5.89 billion) in total
SAUDI ARABIA: Gulf International Bank partners with Eayni Recycling Association Cooperative to manage bank’s waste recycling
ALGERIA: CNEP Banque opens 11 Islamic finance branches across Algeria, Algeria Press Service reports
IRAN: China to invest US$2 billion in Iran for second phase of construction of Imam Khomeini International Airport, IRNA reports
SAUDI ARABIA: Abdulwahab Abdulkarim Albetari resigns as Osool & Bakheet Investment Company’s chairman
MALAYSIA: Malaysia is largest Sukuk market with 35% of global outstanding Sukuk, says chairman of Securities Commission Malaysia
INDONESIA: Indonesia’s Financial Services Authority issues 2023–27 roadmap for Shariah banking
SAUDI ARABIA: Al Rajhi Bank appoints Sulaiman Al Rajhi as chairman, Ibrahim Mohammed Al Romaih as vice-chairman
PHILIPPINES: Filipino government mandates banks for inaugural benchmark-sized US dollar Sukuk issuance
EGYPT: GB Capital’s financial portfolio surpasses EGP9.5 billion (US$308.01 million); to establish new securitization company, Daily News Egypt reports
UAE: Sharjah Islamic Bank launches ‘Zoud’ banking privileges package for employees of government of Sharjah
SAUDI ARABIA: IsDB Institute delivers knowledge-sharing sessions on socioeconomic development
IRAN: Iran’s foreign investment hits US$9.2 billion in two years, IRNA reports
MALAYSIA: Toyota Capital issues Islamic medium-term note worth RM150 million (US$32.01 million)
MALAYSIA: Sunway Treasury Sukuk sells Islamic commercial papers worth RM255 million (US$54.41 million) in total
MALAYSIA: Gabungan AQRS launches Sukuk worth RM10 million (US$2.13 million)
MALAYSIA: Cagamas issues Islamic commercial paper worth RM100 million (US$21.34 million)
BANGLADESH: Advanced Chemical Industries plans to raise BDT6 billion (US$53.87 million) through Sukuk issuances, The Business Standard reports
GLOBAL: AAOIFI Accounting Board releases draft on participatory ventures
SAUDI ARABIA: Waja Company signs Shariah compliant facility agreement with Saudi Fransi Bank worth SAR5 million (US$1.33 million)
GLOBAL: Arab Africa Trade Bridges Program signs two agreements
INDONESIA: Otoritas Jasa Keuangan and four fintech associations issue code of ethics guide for artificial intelligence
EGYPT: Volume of Sukuk issuances in Egyptian market reaches EGP60 billion (US$1.94 billion) in September 2023
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM28.57 billion (US$6.1 billion) in total
BRUNEI: Brunei Darussalam Central Bank prices 148th and 149th issuances of Islamic treasury bills
KUWAIT: Central Bank of Kuwait gives approval for Kuwait Finance House to continue the purchase, sale, or disposal of its own shares up to 10%
OMAN: Imam Jabir bin Zaid Endowment Foundation launches Oman’s first listed endowment fund on Muscat Stock Exchange
MALAYSIA: Telecommunications company OCK Group issues Islamic medium-term notes worth RM400 million (US$85.39 million) in total
MALAYSIA: Cagamas issues Islamic commercial paper worth RM100 million (US$21.35 million)
MALAYSIA: DRB-HICOM records net income of RM231.49 million (US$49.41 million) for nine months ending 30th September 2023
UAE: Investcorp Capital records net profit of US$13 million for period of 1st July 2023 to 30th September 2023
UAE: Emirates REIT records net profit of AED340 million (US$92.57 million) for nine-month period ending 30th September 2023
INDONESIA: Masaru Fortuna Komunika registers Sukuk worth IDR1.9 billion (US$121,529) on Indonesia Central Securities Depository
INDONESIA: Armadian Tritunggal issues Sukuk Mudarabah worth IDR2 trillion (US$128.1 million)
SAUDI ARABIA: Saudi Fransi Capital distributes cash dividend of 3% to unitholders of Bonyan REIT Fund
SAUDI ARABIA: Keir International secures Shariah compliant banking facilities worth SAR99.08 million (US$26.4 million) from Saudi Awwal Bank
MALAYSIA: Wira Pertiwi lodges Islamic medium-term note program worth up to RM100 million (US$21.35 million)
Wednesday, 15 Nov 2023 | Volume20.Issue47
ReportsTuesday, 18 Jan 2022 | Awards Report 2021
Cover StoryTuesday, 19 Jan 2021 | Awards Report 2020
Cover StoryFriday, 08 Jan 2021 | Volume18.Issue02
News BriefsWednesday, 26 Jun 2019 | Volume16.Issue26
News BriefsFriday, 28 Sep 2018 | Volume15.Issue40
MovesMonday, 10 Sep 2018 | UK Islamic Finance Week Report 2018
Cover StoryWednesday, 04 Oct 2017 | UKIF September 2017
FeaturesTuesday, 12 Sep 2017 | Volume14.Issue37
ReportsTuesday, 02 May 2017 | Volume14.Issue18
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IFN AwardsWednesday, 14 Sep 2016 | Volume13.Issue37
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AnalysesWednesday, 03 Feb 2016 | Volume13.Issue05
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IFN AwardsWednesday, 06 Jun 2012 | Volume9.Issue22
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MovesThursday, 30 Jun 2011 | IFN Supplement Law 2011
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