KAB Energy Power’s Sukuk: Funding green ventures
Tuesday, 08 Feb 2022 | Volume19.Issue06
Case StudyIRAQ: Iraq’s Islamic banking sector assets to continue growth over medium term, says Fitch
EGYPT: Multilateral Investment Guarantee Agency issues US$98.3 million guarantee to Virtuo Finance for sustainable refinancing of solar power plants
OMAN: Equitix reaches financial close on GBP78 million (US$93.71 million) logistics facility in Oman featuring Shariah compliant senior financing facility
MALAYSIA: Eastspring Investments confirms support as partner for IFN Islamic Sustainable Finance & Investment Forum 2022
AUSTRALIA: Hejaz Financial Services partners with Outsource Financial to offer Islamic property financing
OMAN: Bank Nizwa appoints Sheikh Dr Majid Mohammed Salim Al Kindi as chairman and Sheikh Dr Aznan Hassan as deputy chairman of Shariah supervisory board
UAE: Mohammed Shafeeque joins Abu Dhabi Commercial Bank as senior Shariah auditor
MALAYSIA: MSA Resources to establish Islamic medium-term note program worth RM500 million (US$113.1 million)
SAUDI ARABIA: Morabaha Marina Financing Company acquires 80% majority stake in Loop to expand SME value proposition
AUSTRALIA: Islamic Bank Australia receives initial restricted banking license to become Australia’s first Islamic bank
TURKEY: Ministry of Treasury and Finance of Turkey places lease certificates worth TRY8.24 billion (US$485.85 million)
INDONESIA: Indonesia targets IDR7 trillion (US$465.79 million) in upcoming Sukuk auction
MALAYSIA: Bank Negara Malaysia issues three Shariah papers
BRUNEI: Brunei Darussalam Central Bank prices 79th issuance of BDCB Islamic Bills at BN$10 million (US$7.13 million)
BAHRAIN: Central Bank of Bahrain’s short-term Sukuk Ijarah worth BHD26 million (US$68.5 million) oversubscribed
KUWAIT: Central Bank of Kuwait auctions bonds and related Tawarruq papers totaling KWD240 million (US$779.88 million)
MALAYSIA: Danum Sinar sells two unrated Islamic medium-term notes worth a total of RM6 million (US$1.36 million)
INDONESIA: Global Mediacom lists IDR500 billion (US$33.27 million) Sukuk Ijarah on Indonesia Stock Exchange
ALGERIA: 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
Tuesday, 08 Feb 2022 | Volume19.Issue06
Case StudyThursday, 27 Jan 2022 | Volume19.Issue05
DealsWednesday, 01 Dec 2021 | Volume18.Issue49
IFN ReportsFriday, 19 Nov 2021 | Volume18.Issue47
IFN ReportsTuesday, 16 Nov 2021 | Volume18.Issue46
IFN AnalysisMonday, 15 Nov 2021 | Volume18.Issue46
IFN ReportsThursday, 30 Sep 2021 | Volume18.Issue40
DealsFriday, 24 Sep 2021 | Volume18.Issue39
Rating UpdatesThursday, 23 Sep 2021 | Volume18.Issue39
Rating UpdatesWednesday, 28 Jul 2021 | Volume18.Issue31
Rating UpdatesTuesday, 25 May 2021 | Volume18.Issue21
Rating UpdatesTuesday, 23 Feb 2021 | Volume18.Issue08
News BriefsTuesday, 02 Feb 2021 | Volume18.Issue05
IFN AnalysisTuesday, 19 Jan 2021 | Awards Report 2020
Cover StoryTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 17 Nov 2020 | Volume17.Issue46
IFN AnalysisMonday, 09 Nov 2020 | Volume17.Issue45
News BriefsMonday, 12 Oct 2020 | Volume17.Issue41
Rating UpdatesMonday, 07 Sep 2020 | Volume17.Issue36
Rating UpdatesFriday, 14 Aug 2020 | Volume17.Issue33
Rating UpdatesWednesday, 27 May 2020 | Volume17.Issue22
Rating UpdatesMonday, 06 Apr 2020 | IFN HF Volume5.Issue2
IFN ReportsFriday, 06 Mar 2020 | Volume17.Issue10
IFN ReportsFriday, 06 Mar 2020 | Volume17.Issue10
News BriefsMonday, 24 Feb 2020 | Volume17.Issue08
DealsTuesday, 14 Jan 2020 | Volume17.Issue02
Cover StoryFriday, 03 Jan 2020 | Volume17.Issue01
News BriefsThursday, 12 Dec 2019 | Volume16.Issue50
Rating UpdatesTuesday, 19 Nov 2019 | Volume16.Issue46
IFN AnalysisTuesday, 15 Oct 2019 | Volume16.Issue41
IFN ReportsMonday, 07 Oct 2019 | Volume16.Issue40
Case StudyTuesday, 24 Sep 2019 | Volume16.Issue38
Closing BellMonday, 26 Aug 2019 | IFNC Volume4.Issue7
News BriefsThursday, 08 Aug 2019 | Volume16.Issue32
Rating UpdatesThursday, 01 Aug 2019 | Volume16.Issue31
Rating UpdatesWednesday, 31 Jul 2019 | Volume16.Issue31
DealsThursday, 18 Jul 2019 | Volume16.Issue29
Rating UpdatesFriday, 28 Jun 2019 | Volume16.Issue26
Rating UpdatesFriday, 21 Jun 2019 | Volume16.Issue25
Rating UpdatesTuesday, 16 Apr 2019 | Volume16.Issue16
Case StudyThursday, 21 Mar 2019 | IFNC Volume4.Issue2
Cover StoryThursday, 21 Mar 2019 | IFNC Volume4.Issue2
News BriefsMonday, 18 Mar 2019 | Volume16.Issue11
Case StudyTuesday, 26 Feb 2019 | Volume16.Issue08
DealsWednesday, 30 Jan 2019 | Volume16.Issue05
IFN ReportsMonday, 21 Jan 2019 | Volume16.Issue03
News BriefsWednesday, 16 Jan 2019 | Volume16.Issue03
Rating UpdatesWednesday, 02 Jan 2019 | Volume16.Issue01
IFN ReportsFriday, 14 Dec 2018 | Volume16.Issue01
Rating UpdatesWednesday, 05 Dec 2018 | IFNC Volume3.Issue11
Case Study