IFN weekly market roundup: 2nd – 8th January 2016
Friday, 08 Jan 2016 | Volume13.Issue02
ReportsAUSTRALIA: Hejaz Group partners with mortgage and finance broking aggregator LMG, Mortgage Professional Australia reports
GLOBAL: Seedflex Technologies launches Shariah compliant digital financing solution in Malaysia, Fintech News Malaysia reports
US: The Children’s Place secures US$90 million Shariah compliant financing facility from Saudi firm Mithaq Capital
UAE: Emirates Islamic concludes debut US$500 million syndicated financing facility
GLOBAL: Prof Mehmet Asutay wins first place for 2024 Islamic Development Bank Prize for Impactful Achievement in Islamic Economics
PHILIPPINES: Maybank Philippines and unnamed foreign company to establish Islamic banking operations in Philippines
MALAYSIA: OCK Group proposes Islamic commercial papers program worth RM500 million (US$104.33 million)
MALAYSIA: Bursa Carbon Exchange to host inaugural renewable energy certificates auction on 25th June 2024
UAE: Abu Dhabi Islamic Bank denies interest in acquiring stake in Bank Syariah Indonesia
MALAYSIA: Bank Negara Malaysia prints Islamic facilities worth RM16.89 billion (US$3.52 billion) in total
MALAYSIA: Genting Plantations’s funding conduit registers RM2 billion (US$417.33 million) Sukuk program with Securities Commission Malaysia
QATAR: Qatar Islamic Bank records net profit of QAR955.14 million (US$261.63 million) for Q1 2024
MALAYSIA: Public Sector Home Financing Board prints Sukuk worth RM3.25 billion (US$677.78 million) in total
INDONESIA: Adira Finance to publicly offer Sukuk Mudarabah worth IDR400 billion (US$24.61 million), Bisnis.com reports
GLOBAL: Indonesia’s Badan Pengelola Keuangan Haji confirms support for IFN Investor Middle East Forum 2024
TURKIYE: Kuveyt Turk Katilim Bankasi auctions two Islamic papers worth TRY660 million (US$20.29 million) in total
SAUDI ARABIA: National Building and Marketing Company renews Shariah compliant financing worth SAR85 million (US$22.64 million)
MALAYSIA: Setia Alamsari launches Islamic paper worth RM12 million (US$2.5 million)
MALAYSIA: Qiradh Capital issues two Islamic medium-term notes worth RM37 million (US$7.72 million) in total
SAUDI ARABIA: Capital Market Authority of Saudi Arabia approves SEDCO Capital Multi Asset Traded Fund offering
UZBEKISTAN: IsDB provides financial support for Uzbekistan’s Integrated Rural Development Project Phase II worth US$293.5 million
SAUDI ARABIA: IsDB Group to hold Private Sector Forum 2024 in Riyadh from 28th to 30th April 2024
GLOBAL: Fitch Ratings expects global Sukuk growth for the rest of 2024
GLOBAL: Codebase Technologies launches Digibanc SME Financing platform
SAUDI ARABIA: NEOM mulls riyal-denominated Sukuk worth up to SAR5 billion (US$1.33 billion), Bloomberg reports
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM13.57 billion (US$2.83 billion)
SAUDI ARABIA: Saudi Capital Market Authority grants approval to Jana Financial Company to carry out a fintech experiment
EGYPT: Faisal Islamic Bank of Egypt’s net profit after tax for Q1 2024 reaches EGP6 billion (US$123.78 million)
SAUDI ARABIA: Ladun Investment Company’s board of directors grants approval to sign credit facility agreement worth SAR573 million (US$152.65 million)
PAKISTAN: Dubai Islamic Bank, ARY Services and MAK Global Consulting sign MoU to launch RAAST P2M services in Pakistan
BANGLADESH: Bangladesh Bank receives bid amounting to BDT4.97 billion (US$44.73 million) for Islamic Banks Liquidity Facility
KAZAKHSTAN: IFN announces new correspondent for Kazakhstan
TURKIYE: Turkish government issues fixed rent rate lease certificate worth TRY5.68 billion (US$174.98 million)
QATAR: Qatar Central Bank auctions treasury bills and Sukuk with bids amounting to QAR13.95 billion (US$3.77 billion)
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities valued at KWD240 million (US$776.98 million)
GAMBIA: Central Bank of The Gambia auctions Sukuk Salam worth GMD62.98 million (US$926,178) in total
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM14.43 billion (US$3.01 billion)
UK: Wahed Invest introduces new Shariah compliant personal pension scheme
OMAN: Takaful Oman’s net profit for period ending 31st March 2024 drops to OMR178,717 (US$462,977)
OMAN: Bank Nizwa records net profit of OMR3.87 million (US$10.01 million) for period ending 31st March 2024
OMAN: Bank Muscat’s net interest income and Islamic financing income increases to OMR95.45 million (US$247.27 million) for Q1 2024
OMAN: Al Madina Takaful’s net profit for period ending on 31st March 2024 reaches OMR492,489 (US$1.28 million)
PAKISTAN: State Bank of Pakistan’s Shariah compliant liquidity injection sees PKR270 billion (US$969.52 million) offered and accepted
MALAYSIA: Permodalan Nasional appoints Abdul Rahman Ahmad as president and group CEO
UK: SC Ventures’s sustainable finance platform Shoal partners with Islamic fintech company Algbra
KUWAIT: Capital Markets Authority renews license of Shariah compliant Watani USD Money Market Fund
SAUDI ARABIA: Saudi Capital Market Authority grants license to Fisher Investments Arabia Company
MALAYSIA: Bank Negara Malaysia issues policy document on electronic know-your-customer
ETHIOPIA: IsDB Institute delivers Islamic banking capacity-building program for Ethiopian banking sector
TURKIYE: Albaraka Turk Participation Bank launches Sukuk worth TRY500 million (US$15.42 million)
Friday, 08 Jan 2016 | Volume13.Issue02
ReportsWednesday, 06 Jan 2016 | Volume13.Issue01
Cover StoryMonday, 04 Jan 2016 | Volume13.Issue01
MovesWednesday, 25 Nov 2015 | Volume12.Issue47
Case StudiesTuesday, 24 Nov 2015 | Volume12.Issue47
Ratings UpdatesWednesday, 18 Nov 2015 | Volume12.Issue47
News BriefsMonday, 09 Nov 2015 | Volume12.Issue45
News BriefsWednesday, 04 Nov 2015 | Volume12.Issue44
Cover StoryFriday, 23 Oct 2015 | Volume12.Issue43
MovesWednesday, 21 Oct 2015 | Volume12.Issue42
ReportsFriday, 16 Oct 2015 | Volume12.Issue42
ResultsWednesday, 14 Oct 2015 | Volume12.Issue41
AnalysesMonday, 12 Oct 2015 | Volume12.Issue41
ReportsWednesday, 07 Oct 2015 | Volume12.Issue40
ReportsMonday, 28 Sep 2015 | Volume12.Issue39
News BriefsMonday, 21 Sep 2015 | Volume12.Issue38
ReportsFriday, 28 Aug 2015 | Volume12.Issue35
News BriefsWednesday, 26 Aug 2015 | Volume12.Issue35
ResultsTuesday, 25 Aug 2015 | Volume12.Issue34
Ratings UpdatesThursday, 16 Jul 2015 | Volume12.Issue29
ResultsThursday, 16 Jul 2015 | Volume12.Issue29
DealsWednesday, 15 Jul 2015 | Volume12.Issue28
Cover StoryTuesday, 14 Jul 2015 | Volume12.Issue28
News BriefsThursday, 18 Jun 2015 | Volume12.Issue25
Ratings UpdatesTuesday, 02 Jun 2015 | Volume12.Issue22
News BriefsWednesday, 20 May 2015 | Volume12.Issue21
Ratings UpdatesWednesday, 20 May 2015 | Volume12.Issue20
ReportsThursday, 14 May 2015 | Volume12.Issue20
Daily Cover StoriesWednesday, 22 Apr 2015 | Volume12.Issue16
FeaturesWednesday, 22 Apr 2015 | Volume12.Issue16
FeaturesTuesday, 31 Mar 2015 | Volume12.Issue13
News BriefsFriday, 27 Mar 2015 | Volume12.Issue13
ReportsFriday, 20 Mar 2015 | Volume12.Issue12
Daily Cover StoriesFriday, 20 Mar 2015 | Volume12.Issue12
News BriefsWednesday, 18 Mar 2015 | Volume12.Issue12
News BriefsTuesday, 17 Mar 2015 | Volume12.Issue11
MovesWednesday, 11 Mar 2015 | Volume12.Issue10
MovesFriday, 27 Feb 2015 | Volume12.Issue09
Ratings UpdatesWednesday, 28 Jan 2015 | Volume12.Issue04
AnalysesWednesday, 21 Jan 2015 | Volume12.Issue03
AnalysesMonday, 19 Jan 2015 | Volume12.Issue03
News BriefsWednesday, 07 Jan 2015 | Volume12.Issue01
IFN AwardsFriday, 19 Dec 2014 | Volume12.Issue01
News BriefsWednesday, 12 Nov 2014 | Volume11.Issue45
ReportsWednesday, 12 Nov 2014 | Volume11.Issue46
News BriefsThursday, 30 Oct 2014 | Volume11.Issue44
DealsFriday, 17 Oct 2014 | Volume11.Issue42
News BriefsWednesday, 08 Oct 2014 | Volume11.Issue40
ReportsTuesday, 07 Oct 2014 | Volume11.Issue40
News BriefsWednesday, 01 Oct 2014 | Volume11.Issue39
Reports