IFN Weekly market round-up: 1st – 5th July 2019
Friday, 05 Jul 2019 | Volume16.Issue27
ReportsOMAN: Bank Nizwa to donate OMR100,000 (US$259,015) to support families affected by recent adverse climate conditions
UAE: Al Ansari Exchange receives Payment Card Industry Data Security Standard validation for 2024
GLOBAL: International Islamic Financial Market and Participation Banks Association of Turkiye release Turkish versions of six standards
MALAYSIA: Moody’s expects nonperforming ratio of Malaysian Islamic banks’ retail financing to continue edging up over next 12 to 18 months
UAE: Fadhel Al Ali leaves his position as SHUAA Capital’s chairman
SAUDI ARABIA: National Debt Management Center of Saudi Arabia closes April 2024 issuance with total amount allocated of SAR7.4 billion (US$1.97 billion),
MALAYSIA: Midciti Sukuk prints Islamic medium-term note worth RM455 million (US$95.19 million)
TURKIYE: Kuveyt Turk Katilim Bankasi sells Sukuk worth TRY500 million (US$15.36 million)
INDONESIA: Indonesian government raises IDR5.93 trillion (US$365.86 million) through additional sovereign Shariah securities auction
TURKIYE: Turkiye Real Estate Bank sells Islamic paper worth TRY300 million (US$9.21 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM14.64 billion (US$3.06 billion)
SAUDI ARABIA: Thimar Development Holding Company establishes Thimar Towers Development and Real Estate Investment Company
SAUDI ARABIA: Malaz Capital receives authorization to conduct activities in securities business
INDONESIA: Mitra Perkasa registers Sukuk worth IDR2 billion (US$123,451) on Indonesia Central Securities Depository
GLOBAL: Participation Banks Association of Turkiye and Bahrain Institute of Banking and Finance hold training program for banks
MALAYSIA: Wahed to launch crowdfunding platform in Malaysia in May 2024
GLOBAL: Millennial and Gen Z Muslims in Southeast Asia embrace Islamic banking, says study by Mambu
UK: Shariah compliant investment platform Mnaara launches in UK
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM17.21 billion (US$3.6 billion) in total
GAMBIA: Central Bank of The Gambia floats Sukuk Salam worth GMD50 million (US$735,295) in total
INDONESIA: Indonesian government raises IDR5.08 trillion (US$313.26 million) through auction of sovereign Shariah securities series
MALAYSIA: Sunway Treasury issues Islamic commercial paper worth RM25 million (US$5.23 million)
UAE: Sukoon Insurance appoints Mohamed Salah Abdel Hamid Abdel Razek as new board member
MALAYSIA: Securities Commission Malaysia holds Varsity Hackathon for university students
MALAYSIA: Principal Malaysia launches Principal Global Dynamic Income Fund
AUSTRALIA: Crescent Wealth rebrands to Salaam
SAUDI ARABIA: Nayifat appoints Fahad Ibrahim Al-Mufarrej as CEO
UAE: Abu Dhabi Islamic Bank to offer products on call and messaging app Botim
MALAYSIA: Fabulous Sunview obtains Islamic financing facility worth US$5 million from Export-Import Bank of Malaysia
TURKIYE: Turkiye Real Estate Bank launches Islamic paper worth TRY134 million (US$4.11 million)
MALAYSIA: Cagamas sells Islamic medium-term note worth RM200 million (US$41.81 million)
TURKIYE: Albaraka Turk Participation Bank prints Sukuk worth TRY750 million (US$23.03 million)
EGYPT: Bokra closes US$4.6 million pre-seed round; plans to launch in Q2 2024
UAE: Emirates REIT reports property income year-on-year growth of 10% to US$74 million; total assets reach US$1.04 billion
INDONESIA: Financial Services Authority of Indonesia issues regulation on determining supervision status and handling of issues in banks
SAUDI ARABIA: Allianz Saudi Fransi appoints four new board members
KUWAIT: Kuwait International Bank receives approval from Central Bank of Kuwait to issue additional Tier 1 Sukuk of up to US$300 million
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM14.25 billion (US$2.98 billion) in total
GLOBAL: Fasset partners with Malaysia Building Society to offer digital asset investments to customers in Malaysia
SAUDI ARABIA: Capital Market Authority of Saudi Arabia grants Financial Technology Experimental Permit to FinTech Thuluthain Company
SAUDI ARABIA: Amlak International renews financing facility with Saudi Investment Bank worth SAR864.5 million (US$230.31 million)
MALAYSIA: AEON Bank to start operations by end of Q2 2024, Bernama reports
BAHRAIN: Abdulhakeem Alkhayyat resigns from post as managing director and CEO of Kuwait Finance House Bahrain
INDONESIA:Takaful Keluarga appoints Yurivanno Gani as CEO
GLOBAL: GFH Partners welcomes Nabeel Kanoo as new board member
SAUDI ARABIA: Saudi National Debt Management Center opens third subscription round of Sah savings product with 5.59% return rate
UK: Wahed to launch real estate crowdfunding investment solution
SAUDI ARABIA: Emkan Alarabiya launches Sukuk product with return rate of up to 18%, Argaam reports
PAKISTAN: Mughal Iron & Steel Industries raises PKR3 billion (US$10.74 million) through privately-placed Sukuk
MALAYSIA: Cagamas prints Islamic paper worth RM230 million (US$48.01 million)
Friday, 05 Jul 2019 | Volume16.Issue27
ReportsTuesday, 02 Jul 2019 | Volume16.Issue26
Special ReportsMonday, 01 Jul 2019 | Volume16.Issue26
News BriefsThursday, 13 Jun 2019 | Volume16.Issue24
News BriefsFriday, 24 May 2019 | Volume16.Issue21
Correspondent ReportsThursday, 16 May 2019 | Volume16.Issue20
News BriefsTuesday, 30 Apr 2019 | Volume16.Issue17
AnalysesFriday, 12 Apr 2019 | Volume16.Issue15
News BriefsThursday, 21 Mar 2019 | Volume16.Issue12
News BriefsWednesday, 13 Mar 2019 | Volume16.Issue11
News BriefsTuesday, 26 Feb 2019 | Volume16.Issue08
MovesThursday, 21 Feb 2019 | IFNC Volume4.Issue1
Cover StoryTuesday, 12 Feb 2019 | Volume16.Issue06
AnalysesTuesday, 12 Feb 2019 | Volume16.Issue06
Case StudiesMonday, 04 Feb 2019 | Volume16.Issue05
Cover StoryTuesday, 29 Jan 2019 | IFN Annual Guide 2019
FeaturesTuesday, 29 Jan 2019 | IFN Annual Guide 2019
FeaturesThursday, 24 Jan 2019 | Volume16.Issue04
DealsTuesday, 15 Jan 2019 | Volume16.Issue02
Cover StoryTuesday, 08 Jan 2019 | Volume16.Issue01
MovesFriday, 09 Nov 2018 | Volume15.Issue46
News BriefsTuesday, 30 Oct 2018 | Volume15.Issue44
ColumnsMonday, 15 Oct 2018 | Volume15.Issue42
Correspondent ReportsMonday, 08 Oct 2018 | Volume15.Issue41
Case StudiesThursday, 27 Sep 2018 | IFNC Volume3.Issue8
Cover StoryWednesday, 19 Sep 2018 | Volume15.Issue38
ReportsMonday, 03 Sep 2018 | Volume15.Issue36
ReportsTuesday, 07 Aug 2018 | Volume15.Issue32
ResultsFriday, 03 Aug 2018 | Volume15.Issue32
Correspondent ReportsWednesday, 01 Aug 2018 | Volume15.Issue32
Correspondent ReportsFriday, 20 Jul 2018 | Volume15.Issue30
ReportsTuesday, 17 Jul 2018 | Volume15.Issue29
News BriefsMonday, 16 Jul 2018 | Volume15.Issue29
Correspondent ReportsFriday, 13 Jul 2018 | Volume15.Issue29
ReportsMonday, 09 Jul 2018 | Volume15.Issue28
News BriefsWednesday, 20 Jun 2018 | Volume15.Issue26
News BriefsMonday, 18 Jun 2018 | Volume15.Issue25
Correspondent ReportsMonday, 04 Jun 2018 | Volume15.Issue23
MovesWednesday, 25 Apr 2018 | Volume15.Issue18
News BriefsTuesday, 24 Apr 2018 | Volume15.Issue17
AnalysesWednesday, 14 Mar 2018 | Volume15.Issue12
News BriefsThursday, 22 Feb 2018 | Volume15.Issue09
News BriefsTuesday, 20 Feb 2018 | Volume15.Issue08
AnalysesTuesday, 13 Feb 2018 | Volume15.Issue07
AnalysesTuesday, 09 Jan 2018 | Volume15.Issue02
FeaturesTuesday, 26 Dec 2017 | IFN Annual Guide 2018
FeaturesThursday, 14 Dec 2017 | Volume15.Issue01
News BriefsMonday, 04 Dec 2017 | Volume14.Issue49
ReportsFriday, 24 Nov 2017 | Volume14.Issue48
News BriefsTuesday, 14 Nov 2017 | Volume14.Issue46
Analyses