Latest & Upcoming Deals
Tuesday, 28 Feb 2017 | Volume14.Issue11
Deal TrackerOMAN: Omani Islamic banking assets account for 14.5% of total banking assets in February 2021
BRAZIL: Member of the Federal Senate of Brazil to discuss new legal framework for Islamic finance
EGYPT: Banque Misr to provide EGP4 billion (US$254.62 million) in Islamic financing facilities to several sectors
SAUDI ARABIA: Saudi Real Estate Company to complete termination of Alinma Alakaria RE Fund in two months
GLOBAL: IsDB member countries score 61 on SDG Index; “long way” from 2030 Sustainable Development Goal targets, according to new report
US: IFN welcomes Aghaz Investments CEO Khurram Agha as US correspondent
EGYPT: Inertia Egypt secures EGP1.1 billion (US$70.02 million) Mudarabah financing from Banque Misr to fund Jefaira project
MALAYSIA: Perwaja Steel could issue Islamic medium-term notes worth up to RM400 million (US$96.9 million)
SAUDI ARABIA: Bank Albilad completes issuance of SAR3 billion (US$799.52 million) Tier 2 Sukuk paper via private placement
GLOBAL: Qatar Financial Centre Authority and Labuan IBFC sign MoU to promote bilateral ties including in Islamic finance
GLOBAL: Pos Indonesia unveils physical gold-based digital Islamic product in collaboration with Cayman Island-registered Kinesis
TURKEY: Turkey maintains policy rate at 19%
BANGLADESH: Trust Bank names Humaira Azam as CEO and managing director
KUWAIT: Kuwait Finance House confirms end of group chief information officer’s service
MALAYSIA: Sunway Treasury Sukuk prints two Islamic commercial papers totaling RM115 million (US$27.86 million)
TURKEY: Turkiye Emlak Katilim Bankasi auctions lease certificates worth TRY140 million (US$17.35 million) to qualified investors
MALAYSIA: Bank Negara Malaysia issues three Islamic liquidity management papers
BRUNEI: Autoriti Monetari Brunei Darussalam prices 23rd issuance of AMBD Islamic-Bills at BN$20 million (US$14.98 million) with a profit rate of 0.11%
TURKEY: Albaraka Turk Katilim Bankasi sells lease certificates worth TRY800 million (US$99.14 million)
KUWAIT: Central Bank of Kuwait directs banking sector to nationalize leadership roles
UAE: NMC Healthcare files lawsuit against Dubai Islamic Bank
TURKEY: Participation Bank Association of Turkey releases 2021–25 Participation Banking Strategy Update Report outlining 10 strategies
PAKISTAN: Securities and Exchange Commission of Pakistan rolls out online facility to facilitate issuance of digitally certified true copies of mortgage register and statutory returns
INDONESIA: National Zakat Agency joins hands with Bank Syariah Indonesia to harness IDR300 trillion (US$20.5 billion) Zakat potential
MALAYSIA: BIMB Holdings issues 222.22 million new shares to raise an estimated RM795.6 million (US$192.58 million)
INDONESIA: 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
Tuesday, 28 Feb 2017 | Volume14.Issue11
Deal TrackerTuesday, 21 Feb 2017 | Volume14.Issue08
Deal TrackerTuesday, 14 Feb 2017 | Volume14.Issue07
Deal TrackerWednesday, 14 Oct 2015 | Volume12.Issue41
IFN ReportsWednesday, 25 Mar 2015 | Volume12.Issue13
DealsWednesday, 11 Mar 2015 | Volume12.Issue10
Industry MovesMonday, 02 Mar 2015 | Volume12.Issue09
News BriefsWednesday, 18 Feb 2015 | Volume12.Issue08
ResultsWednesday, 29 Oct 2014 | Volume11.Issue43
IFN AnalysisWednesday, 10 Sep 2014 | Volume11.Issue36
IFN AnalysisFriday, 11 Jul 2014 | Volume11.Issue28
DealsFriday, 27 Jun 2014 | Volume11.Issue26
Rating UpdatesFriday, 20 Jun 2014 | Volume11.Issue25
DealsWednesday, 07 May 2014 | Volume11.Issue19
News BriefsTuesday, 22 Oct 2013 | Volume10.Issue42
News BriefsThursday, 23 Aug 2012 | Volume9.Issue33
Takaful NewsTuesday, 31 Jul 2012 | Volume9.Issue30
News BriefsWednesday, 27 Jun 2012 | Volume9.Issue25
InsiderFriday, 01 Jun 2012 | Volume9.Issue22
News BriefsWednesday, 30 May 2012 | Volume9.Issue22
News BriefsTuesday, 29 May 2012 | Volume9.Issue21
News BriefsWednesday, 09 May 2012 | Volume9.Issue18
IFN ReportsFriday, 04 May 2012 | Volume9.Issue18
News BriefsMonday, 23 Apr 2012 | Volume9.Issue16
News BriefsWednesday, 11 Apr 2012 | Volume9.Issue14
Closing BellFriday, 24 Feb 2012 | Volume9.Issue08
News BriefsWednesday, 22 Feb 2012 | Volume9.Issue07
IFN ReportsTuesday, 31 Jan 2012 | Volume9.Issue04
News BriefsTuesday, 17 Jan 2012 | Volume9.Issue02
MovesTuesday, 17 Jan 2012 | Volume9.Issue02
News BriefsTuesday, 20 Dec 2011 | Volume8.Issue50
MovesWednesday, 24 Aug 2011 | Volume8.Issue33
InsiderWednesday, 10 Aug 2011 | Volume8.Issue31
IFN ReportsWednesday, 08 Jun 2011 | Volume8.Issue22
Cover StoryWednesday, 18 May 2011 | Volume8.Issue19
Case StudyWednesday, 06 Apr 2011 | Volume8.Issue13
Case StudyWednesday, 16 Mar 2011 | Volume8.Issue10
Case StudyWednesday, 02 Mar 2011 | Volume8.Issue08
Rating UpdatesWednesday, 26 Jan 2011 | Volume8.Issue03
News BriefsWednesday, 19 Jan 2011 | Volume8.Issue02
Rating UpdatesWednesday, 05 May 2010 | Volume7.Issue18
MovesMonday, 01 Mar 2010 | Islamic Finance News Guide 2010
IFN AwardsFriday, 27 Nov 2009 | Volume6.Issue47
Rating UpdatesFriday, 27 Nov 2009 | Volume6.Issue47
Rating UpdatesFriday, 25 Sep 2009 | Volume6.Issue38
Rating UpdatesFriday, 18 Sep 2009 | Volume6.Issue37
News BriefsFriday, 22 May 2009 | Volume6.Issue20
Rating UpdatesFriday, 27 Mar 2009 | Volume6.Issue12
News BriefsFriday, 27 Feb 2009 | Volume6.Issue08
Case StudyFriday, 30 Jan 2009 | Volume6.Issue04
News Briefs