Sukuk markets prove resilient during COVID-19, but not out of the woods yet
Tuesday, 04 Aug 2020 | Volume17.Issue31
FeaturesALGERIA: AOM Invest to be the first to issue Sukuk under Algeria’s yet-to-be approved procedure allowing investment funds to issue Sukuk
GLOBAL: SHUAA consolidates real estate investment and asset management businesses as part of UK’s Northacre’s global expansion plan
GLOBAL: Global Sukuk offerings declined by over 20% in first half of 2022; S&P revises projection to US$130 billion
MALAYSIA: Country View Resources secures additional financing from RHB Islamic Bank totaling RM48 million (US$10.87 million)
UK: DND Finance launches Shariah compliant Score Mastercard
PAKISTAN: State Bank of Pakistan rejects bids for Mudarabah-based reverse repo during open market operations on the 4th July 2022
INDONESIA: Indonesia issues Sukuk paper series SW002 worth IDR50 billion (US$3.33 million)
UAE: Dar Al Takaful completes legal procedures for merger with Watania
PAKISTAN: State Bank of Pakistan adopts four AAOIFI Shariah standards in line with 3rd Strategic Plan for Islamic Banking Industry 2021–25
OMAN: Central Bank of Oman’s High Shari’a Supervisory Authority appoints Sulaiman Al Harthy as coordinator (secretary)
MALAYSIA: Securities Commission Malaysia issues guidance note on managing ESG risks for fund management companies
INDONESIA: Indonesia pushing for Waqf law updates to accommodate latest developments
MALAYSIA: Bursa Malaysia promotes Dr Ken Yeoh to senior vice-president of corporate governance and sustainability
MALAYSIA: Bank Negara Malaysia issues three short-term Islamic liquidity management papers totaling RM29.67 billion (US$6.72 billion)
MALAYSIA: Gas Malaysia Distribution sells RM220 million (US$49.84 million) Islamic commercial paper
GLOBAL: International Islamic Liquidity Management Corporation reissues three-tranche Sukuk paper worth US$830 million
MALAYSIA: Sunway Treasury Sukuk auctions unrated Islamic medium-term note worth RM160 million (US$36.24 million)
TURKEY: Ministry of Treasury and Finance of Turkey to issue Turkish lira-denominated lease certificates
MALAYSIA: Malaysian government to extend Shariah compliant myezycover.com vehicle insurance scheme to outside civil service
BAHRAIN: Al Salam Bank signs definitive agreements with Ithmaar Holding to acquire group of assets from Ithmaar Holding’s group of companies
UK: Primary Finance opens third investment window for those wanting to apply for Shariah compliant savings account
UK: Nester completes GBP1.2 million (US$1.45 million) bridge financing
OMAN: Oman lists sixth sovereign Sukuk paper worth OMR150 million (US$388.41 million) on Muscat Stock Exchange
PAKISTAN: Hilal Invest partners with AKD Investment Management to offer Islamic investment products
SAUDI ARABIA: Allianz Saudi Fransi Cooperative Insurance Co signs insurance coverage agreement with Banque Saudi Fransi
SAUDI ARABIA: Riyad Bank signs bancassurance distribution agreement with Al Alamiya for Cooperative Insurance Company
KUWAIT: Kuwait Finance House receives Competition Protection Agency’s approval on potential acquisition of Ahli United Bank; Ahli United Bank not party to discussions
MALAYSIA: IOUpay names Wan Ahmad as non-executive board chairman amid move toward Shariah compliance
KUWAIT: Warba Bank names Hussam Sulieman Mustafa and Abdullah Mahmoud AlLanqawi as chief internal auditor and chief treasury officer respectively
SAUDI ARABIA: Saudi king appoints new deputy governors for investment and research as well as control and technology portfolios
MALAYSIA: Securities Commission Malaysia names four senior appointments including Azalina Adham as executive director of business group strategy and policy
GLOBAL: Qatar First Bank acquires Gateway Plaza building in the US
PAKISTAN: State Bank of Pakistan appoints Tariq Naseem as head of Islamic Finance Department
MALAYSIA: Bank Rakyat appoints Dr Mohammad Hanis Osman as new CEO
MALAYSIA: Takaful Ikhlas Family signs MoU with Majlis Agama Islam Negeri Sembilan to support social finance initiatives
BANGLADESH: CSE Shariah Index revised to include 12 new companies and exclude 11 companies effective the 17th July 2022
EGYPT: Abd ElRahman Saad joins Abu Dhabi Islamic Bank–Egypt as business development assistant manager of e-payments
MALAYSIA: Malaysia’s first peer-to-peer asset-based financing platform Capsphere receives Shariah certification
MALAYSIA: Malaysia issues RM2.5 billion (US$566.93 million) Malaysian Islamic Treasury Bill
MALAYSIA: Ihsan Sukuk fully utilizes RM100 million (US$22.68 million) SRI Sukuk to fund Yayasan AMIR’s Trust School Programme for 2016
NIGERIA: National Insurance Commission of Nigeria revokes certificates of registration of Niger Insurance and Standard Alliance Insurance
UAE: Dubai International Financial Centre selects Tarabut Gateway as technical platform partner for Open Finance Lab
UAE: Dubai Financial Services Authority imposes restriction on Trevor Conway “to protect the integrity of Islamic finance” following investigation of misconduct
GLOBAL: Saudi buy-now-pay-later platform Tamara expands into the UAE
GLOBAL: Gulf Islamic Investments acquires majority stake in UK Shariah compliant bridge financier OFFA
MALAYSIA: Bank Negara Malaysia issues policy document on bancaTakaful and bancassurance
MOROCCO: La Marocaine Vie launches Al Maghribia Takaful to offer Takaful products in Morocco
KUWAIT: Warba Bank and Boubyan Bank each submit applications to establish digital bank under Central Bank of Kuwait umbrella
UK: Gatehouse Bank launches savings app to support customers in managing personal savings accounts
MALAYSIA: Joint Committee on Climate Change releases Task Force on Climate-related Financial Disclosures application guide
Tuesday, 04 Aug 2020 | Volume17.Issue31
FeaturesTuesday, 28 May 2019 | Volume16.Issue21
IFN AnalysisTuesday, 22 May 2018 | Volume15.Issue21
IFN AnalysisWednesday, 10 Jan 2018 | Volume15.Issue03
IFN Correspondent ReportsTuesday, 26 Dec 2017 | IFN Annual Guide 2018
FeaturesTuesday, 26 Dec 2017 | IFN Annual Guide 2018
FeaturesWednesday, 09 Aug 2017 | Volume14.Issue33
News BriefsMonday, 10 Jul 2017 | Volume14.Issue28
News BriefsFriday, 09 Jun 2017 | Volume14.Issue24
IFN Correspondent ReportsTuesday, 23 May 2017 | Volume14.Issue21
IFN AnalysisFriday, 17 Mar 2017 | Volume14.Issue12
News BriefsThursday, 22 Dec 2016 | IFN Turkey Forum Report 2017
Special ReportsFriday, 09 Dec 2016 | Volume13.Issue50
IFN ReportsTuesday, 06 Dec 2016 | Volume13.Issue49
News BriefsTuesday, 18 Oct 2016 | Volume13.Issue42
IFN ReportsMonday, 01 Aug 2016 | Volume13.Issue31
Rating UpdatesFriday, 29 Jul 2016 | Volume13.Issue31
IFN ReportsMonday, 25 Jul 2016 | Volume13.Issue30
News BriefsFriday, 22 Jul 2016 | Volume13.Issue30
IFN ReportsFriday, 22 Jul 2016 | Volume13.Issue30
Rating UpdatesWednesday, 20 Jul 2016 | Volume13.Issue29
IFN ReportsTuesday, 19 Jul 2016 | Volume13.Issue29
IFN ReportsTuesday, 12 Jul 2016 | Volume13.Issue28
News BriefsFriday, 17 Jun 2016 | Volume13.Issue25
News BriefsWednesday, 15 Jun 2016 | Volume13.Issue25
News BriefsWednesday, 08 Jun 2016 | Volume13.Issue23
IFN ReportsFriday, 27 May 2016 | Volume13.Issue22
IFN ReportsWednesday, 25 May 2016 | Volume13.Issue22
News BriefsWednesday, 25 May 2016 | Volume13.Issue21
IFN AnalysisFriday, 13 May 2016 | Volume13.Issue20
IFN ReportsWednesday, 11 May 2016 | Volume13.Issue20
News BriefsMonday, 29 Feb 2016 | Volume13.Issue09
News BriefsWednesday, 27 Jan 2016 | Volume13.Issue04
IFN ReportsTuesday, 26 Jan 2016 | Volume13.Issue04
News BriefsFriday, 08 Jan 2016 | Volume13.Issue02
Rating UpdatesMonday, 04 Jan 2016 | Volume13.Issue01
News BriefsWednesday, 09 Dec 2015 | IFN Guide 2016
IFN ReportsWednesday, 23 Sep 2015 | Volume12.Issue38
IFN AnalysisWednesday, 19 Aug 2015 | Volume12.Issue33
IFN ReportsWednesday, 10 Jun 2015 | Volume12.Issue23
IFN ReportsFriday, 05 Jun 2015 | Volume12.Issue23
News BriefsFriday, 05 Jun 2015 | Volume12.Issue23
IFN ReportsWednesday, 20 May 2015 | Volume12.Issue20
IFN AnalysisWednesday, 13 May 2015 | Volume12.Issue19
Special ReportsWednesday, 29 Apr 2015 | Volume12.Issue18
IFN ReportsMonday, 13 Apr 2015 | Volume12.Issue15
News BriefsThursday, 19 Mar 2015 | Volume12.Issue12
MovesWednesday, 11 Mar 2015 | Volume12.Issue11
ResultsWednesday, 11 Mar 2015 | Volume12.Issue10
IFN ReportsTuesday, 10 Mar 2015 | Volume12.Issue10
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