IFN Deals of the Year 2022
Tuesday, 17 Jan 2023 | Volume20.Issue03
Cover StoryNIGERIA: Islamic Development Bank Institute organizes Takaful workshop for Jaiz Takaful in Nigeria
MALAYSIA: Bank Negara Malaysia issues Shariah paper worth RM45.9 billion (US$10.8 billion)
BANGLADESH: Bangladesh Bank auctions liquidity facility and sovereign Sukuk
SAUDI ARABIA: Arabian Shield Cooperative Insurance Co signs contract with Saudi National Bank for credit life residential finance coverage
SAUDI ARABIA: Jinko Power Technology Co’s Saudi subsidiary Al Ghazala Energy Company commences construction of 300 MW Saad Solar PV Project
GLOBAL: Islamic Corporation for the Insurance of Investment and Export Credit signs MoU with Libyan Export Promotion Center to facilitate cooperation
SAUDI ARABIA: Scientific & Medical Equipment House Co secures Shariah compliant financing facility worth SAR265 million (US$70.57 million)
UK: Foot Anstey provides legal advice for Shariah compliant financing of completed acquisition of The Connection in London
SAUDI ARABIA: Saudi Central Bank grants licenses to two fintech firms specialized in debt-based crowdfunding
GLOBAL: IsDB, Islamic Solidarity Fund for Development and Oxford Poverty and Human Development Initiative join hands to understand multidimensional poverty
UK: Shariah compliant fintech investing platform Wahed opens first physical branch in London
UAE: First Abu Dhabi Bank appoints Lars Kramer as new group chief financial officer
UK: HSBC Asset Management launches HSBC Global Sukuk Index Fund
SAUDI ARABIA: Saudi National Debt Management Center closes January 2023 Sukuk issuance worth SAR3.47 billion (US$922.98 million)
GAMBIA: Central Bank of Gambia publishes results of Sukuk Salam facilities
MALAYSIA: Bank Negara Malaysia sells Islamic papers worth a total of RM45.66 billion (US$10.68 billion)
GLOBAL: Oraan teams up with Queros to offer students semester fees payment in monthly instalments
NIGERIA: Nigeria’s Islamic finance to continue growth trajectory in 2023-2024, says Fitch Ratings
GLOBAL: General Council for Islamic Banks and Financial Institutions conducts roundtable to develop Greenhouse Gas measurement tool
UK: Property developer Zunikh appoints Lily Martin and Sean Gough as chief operating officer and chief commercial officer respectively
MALAYSIA: Sunway Healthcare Treasury registers RM5 billion (US$1.17 billion) sustainable Sukuk program with Securities Commission
SAUDI ARABIA: Chubb Arabia Cooperative Insurance Co appoints Nikolay Dmitriev as new non-executive board member
MALAYSIA: Bank Negara Malaysia reappoints four Shariah Advisory Council members including Prof Dr Ashraf Md Hashim as new chairman
UK: SHUAA Capital and Northacre complete five-year portfolio management in London
INDONESIA: Indonesian government auctions sovereign securities receiving bids up to IDR28.55 trillion (US$1.91 billion)
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities worth a total of KWD200 million (US$653.38 million)
BRUNEI: Brunei Darussalam Central Bank prices 107th issuance of Islamic treasury bills worth BN$25 million (US$18.95 million)
SAUDI ARABIA: Saudi Investment Bank upsizes Sukuk program to SAR5 billion (US$1.33 billion); plans to launch Tier 1 Sukuk
EGYPT: International Islamic Trade Finance Corporation launches youth exporters training program in Egypt
SOMALIA: IFN welcomes Jibril Adan Mohamed as new correspondent for Somalia
UAE: Waha Capital promotes Ahmed Al Mansoori to chief operating officer
KUWAIT: Al Tamimi & Company promotes Omar Handoush to head of office in Kuwait
MALAYSIA: Cagamas kicks off 2023 with issuance of RM550 million (US$128.28 million) worth of bonds and Sukuk
MALAYSIA: Government of Malaysia issues RM3 billion (US$699.74 million) Malaysian Islamic Treasury Bill
GLOBAL: International Islamic Trade Finance Corporation signs US$1.5 billion financing agreement with Egypt
EGYPT: IsDB’s private arm signs US$120 million program to propel private sector-led development in Egypt in 2023
BANGLADESH: Strategic Finance & Investments officially opens Islamic wing in Dhaka, The Business Standard reports
MALAYSIA: Toyota Capital Malaysia issues five-year Islamic medium-term note worth RM150 million (US$34.76 million)
MALAYSIA: Maxis Broadband issues two new series of its RM10 billion (US$2.32 billion) unrated Sukuk Murabahah program amounting to RM500 million (US$115.87 million)
MALAYSIA: Bank Negara Malaysia places Shariah facility amounting to RM45.01 billion (US$10.43 billion)
GLOBAL: IBF NET launches Shariah compliant metaverse on Algorand blockchain
MALAYSIA: YTL Power secures RM1.1 billion (US$254.92 million) Islamic financing facility to fund green project
MALAYSIA: Alpha Circle defers senior Sukuk payment of RM11 million (US$2.55 million); rating lowered to ‘CIS’ from ‘BIS/negative’
UAE: Islamic Corporation for the Insurance of Investment and Export Credit partners with Abu Dhabi Future Energy Company to promote renewable energy
SAUDI ARABIA: Saudi Capital Market Authority grants license to MMC Financial Company to conduct advisory in securities business
SAUDI ARABIA: Zahrat Al Waha for Trading Co renews Islamic financing agreement with Alinma Bank
SAUDI ARABIA: Saudi Central Bank reduces minimum paid-up capital for finance companies serving SMEs
GLOBAL: Stablecoin ZaynFi raises US$600,000 funding led by Cur8 Capital
GLOBAL: Buy-now-pay-later platform Tabby raises US$58 million in Series C round; achieves US$660 million valuation
GLOBAL: Fitch Ratings sees growth potential in Islamic derivatives
Tuesday, 17 Jan 2023 | Volume20.Issue03
Cover StoryWednesday, 16 Nov 2022 | Volume19.Issue47
News BriefsMonday, 25 Jul 2022 | Volume19.Issue30
MovesTuesday, 12 Jul 2022 | Volume19.Issue28
IFN AnalysisMonday, 04 Jul 2022 | Volume19.Issue27
News BriefsTuesday, 21 Jun 2022 | Volume19.Issue25
IFN AnalysisTuesday, 26 Apr 2022 | Volume19.Issue17
Rating UpdatesThursday, 14 Apr 2022 | Volume19.Issue16
News BriefsTuesday, 12 Apr 2022 | Volume19.Issue15
IFN AnalysisFriday, 18 Mar 2022 | Volume19.Issue12
IFN ReportsFriday, 18 Mar 2022 | Volume19.Issue12
News BriefsTuesday, 15 Mar 2022 | Volume19.Issue11
IFN ReportsMonday, 31 Jan 2022 | Volume19.Issue05
IFN AnalysisFriday, 28 Jan 2022 | Volume19.Issue05
News BriefsThursday, 13 Jan 2022 | IFN Annual Guide 2022
FeaturesTuesday, 05 Oct 2021 | Volume18.Issue40
IFN AnalysisMonday, 04 Oct 2021 | Volume18.Issue40
IFN ReportsTuesday, 13 Jul 2021 | Volume18.Issue28
IFN AnalysisFriday, 09 Jul 2021 | Volume18.Issue28
IFN ReportsTuesday, 06 Jul 2021 | Volume18.Issue27
News BriefsFriday, 18 Jun 2021 | Volume18.Issue25
IFN ReportsThursday, 17 Jun 2021 | Volume18.Issue25
News BriefsMonday, 03 May 2021 | Volume18.Issue18
IFN ReportsFriday, 16 Apr 2021 | Volume18.Issue16
IFN ReportsTuesday, 13 Apr 2021 | Volume18.Issue15
IFN AnalysisFriday, 19 Mar 2021 | Volume18.Issue12
IFN ReportsMonday, 15 Mar 2021 | Volume18.Issue11
IFN ReportsFriday, 05 Mar 2021 | Volume18.Issue10
IFN ReportsTuesday, 16 Feb 2021 | Volume18.Issue07
News BriefsFriday, 12 Feb 2021 | Volume18.Issue07
IFN ReportsThursday, 11 Feb 2021 | Volume18.Issue07
News BriefsMonday, 18 Jan 2021 | Volume18.Issue03
News BriefsTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 15 Dec 2020 | Volume17.Issue50
News BriefsMonday, 16 Nov 2020 | Volume17.Issue46
News BriefsTuesday, 10 Nov 2020 | Volume17.Issue45
MovesMonday, 26 Oct 2020 | Volume17.Issue43
IFN Correspondent ReportsFriday, 18 Sep 2020 | Volume17.Issue38
IFN ReportsTuesday, 15 Sep 2020 | Volume17.Issue37
News BriefsFriday, 28 Aug 2020 | Volume17.Issue35
IFN ReportsThursday, 27 Aug 2020 | Volume17.Issue35
IFN ReportsWednesday, 16 Aug 2017 | Volume14.Issue34
IFN Correspondent ReportsWednesday, 26 Jul 2017 | Volume14.Issue31
ResultsTuesday, 20 Jun 2017 | IFNC Volume2.Issue05
Cover StoryFriday, 27 Jan 2017 | Volume14.Issue05
IFN ReportsThursday, 29 Sep 2016 | Volume13.Issue40
News BriefsFriday, 02 Oct 2015 | Volume12.Issue40
IFN ReportsThursday, 01 Oct 2015 | Volume12.Issue40
News BriefsWednesday, 11 Mar 2015 | Volume12.Issue10
Industry MovesWednesday, 04 Feb 2015 | Volume12.Issue05
Cover Story