IFN Law Awards 2019: Results out!
Tuesday, 24 Sep 2019 | Volume16.Issue38
Cover StorySRI LANKA: Amana Bank registers 167% quarter-on-quarter growth in net profit during final quarter of 2020
GLOBAL: Islamic finance market share in South and Southeast Asia to grow driven by favorable demographics, strong capitalization and government push, says Moody’s
PAKISTAN: Lahore Development Authority and Bank of Punjab sign PKR10 billion (US$62.72 million) agreement to develop apartment; banks to provide loans under Takaful
PAKISTAN: Securities and Exchange Commission of Pakistan issues draft amendments proposing reduction of turnaround time for payment of cash dividends
UAE: Emirates Islamic greenlights new Islamic funding programs of up to US$2.5 billion in addition to existing Sukuk program
UAE: Dubai Islamic Bank supports IFN Kenya Forum 2021 as lead partner
MALAYSIA: Sedania As Salam Capital rolls out GoHalal Financing Program
BANGLADESH: Mercantile Bank launches Islamic banking window TAQWA in 20 branches
TURKEY: Vakif Katilim Bankasi sells TRY164.7 million (US$23.02 million) domestic lease certificates
SOUTH AFRICA: National Treasury of South Africa to issue US$3 billion Sukuk this year
INDONESIA: Indonesia to offer retail Sukuk series SR014 with a minimum purchase value of IDR1 million (US$71.06)
SAUDI ARABIA: Creditors’ objection period for Solidarity Saudi Takaful–AlJazira Takaful Taawuni merger to end tomorrow; merger to be effective immediately in absence of objections
IRAN: Tehran Stock Exchange welcomes IPO of Opal Kani Pars Mineral Processing Company
BRUNEI: Autoriti Monetari Brunei Darussalam prices 16th issuance of AMBD Islamic Bills at BN$30 million (US$22.73 million) with a profit rate of 0.07%
IRAN: Tejarat Bank to provide banking services to Society of Iranian Petroleum Industry Equipment Manufacturers under MoU
MALAYSIA: Malaysia issues RM3.5 billion (US$865.5 million) Government Investment Issue Murabahah paper with a profit rate of 3.42%
GLOBAL: Open banking platform Tarabut Gateway secures US$13 million seed round following expansion to MENA
MALAYSIA: Bursa Malaysia amends Main Market and ACE Market listing requirements to accept a lower public spread
GLOBAL: UAE central bank and Hong Kong Monetary Authority sign MoU to boost fintech cooperation
OMAN: Dr Abdulrahman Khalil Tolefat resigns from board of directors of Al Mashaar REIT Fund
IRAN: Iranian Ministry of Economic Affairs and Finance concludes 39th bond auction
GLOBAL: GFH Financial Group partners with Silver Creek Commercial Development to acquire distribution facility in Chicago for over US$135 million
NIGERIA: Nigerian financial services group Norrenberger debuts Islamic fund
BAHRAIN: Investcorp portfolio company Ageras secures US$73 million in capital to support expansion
QATAR: Dukhan Bank expands corporate digital banking service suite
OMAN: Bank Nizwa to finance the construction of Shifa Hospital
INDONESIA: Indonesia raises IDR5 trillion (US$354.38 million) from Sukuk auction
GAMBIA: Central Bank of Gambia’s auction featuring two Sukuk Salam papers undersubscribed
MALAYSIA: DanaInfra Nasional places four Murabahah-based Islamic medium-term notes
SAUDI ARABIA: Saudi court upholds Burj Al Hayat Hotel’s lease termination; SEDCO Capital REIT Fund submits objections to Supreme Court
IRAN: Bank Melli Iran unveils digital banking roadmap
PAKISTAN: Pakistani government ready to issue pound sterling- and euro-denominated Islamic Naya Pakistan certificates
MALAYSIA: Cypark Renewable Energy prints RM30.1 million (US$7.44 million) Islamic medium-term notes
MALAYSIA: Bank Negara Malaysia sells two Islamic papers totaling RM19.2 billion (US$4.75 billion)
BANGLADESH: Bangladesh Bank auctions two Bangladesh Government Islami Investment Bonds
TURKEY: Albaraka Turk Katilim Bankasi issues TRY275 million (US$38.94 million) 73-day lease certificates
SWITZERLAND: Horizon Capital establishes Islamic trade fund
INDONESIA: Otoritas Jasa Keuangan issues new circular regulating insurance industry
MALAYSIA: PETRONAS Gas secures Islamic financing from RHB Islamic Bank for construction of lateral gas pipeline
NIGERIA: Jaiz Bank extends Hajj savings scheme to Muslims in northeast and southeast zones of Nigeria
KUWAIT: Kuwait Finance House covers over US$65 million in debts to release 10,000 debtors as part of corporate social responsibility
GLOBAL: IFSB issues working papers on assessing stability of Islamic banking and digital transformations
SOMALIA: Bushra Business Bank selects Profinch Solutions as partner to implement Oracle Financial Services
GLOBAL: Islamic Corporation for the Development of the Private Sector and Uzbek Industrial and Construction Bank sign US$25 million Islamic agreement
MALAYSIA: AirAsia looks to Danajamin PRIHATIN Guarantee Scheme for financial support
MALAYSIA: Amanah Ikhtiar Malaysia repays loans totaling RM214.86 million (US$53.12 million) to Ministry of Finance
EGYPT: Abu Dhabi Islamic Bank-Egypt to increase stake in Assiut Islamic Trading to 76%
JORDAN: Safwa Islamic Bank partners with Military Housing Fund to support military veterans
SAUDI ARABIA: Saudi Arabian Cooperative Insurance Company’s board of directors accepts resignation of Hassan Abdullah Al Somali from his position as CEO
UAE: Jamal Al Barrak joins Gulf Bond and Sukuk Association as vice-chairman
Tuesday, 24 Sep 2019 | Volume16.Issue38
Cover StoryTuesday, 08 May 2018 | Volume15.Issue19
Case StudyTuesday, 24 Apr 2018 | Volume15.Issue17
MovesWednesday, 18 Apr 2018 | Volume15.Issue17
MovesWednesday, 18 Apr 2018 | Volume15.Issue17
DealsFriday, 06 Apr 2018 | Volume15.Issue15
DealsTuesday, 03 Apr 2018 | Volume15.Issue14
FeaturesMonday, 02 Apr 2018 | Volume15.Issue14
News BriefsFriday, 30 Mar 2018 | Volume15.Issue14
DealsFriday, 16 Mar 2018 | Volume15.Issue12
DealsThursday, 15 Mar 2018 | Volume15.Issue12
DealsWednesday, 14 Mar 2018 | Volume15.Issue12
DealsFriday, 09 Mar 2018 | Volume15.Issue11
DealsThursday, 01 Mar 2018 | Volume15.Issue10
IFN ReportsWednesday, 28 Feb 2018 | Volume15.Issue10
News BriefsTuesday, 06 Feb 2018 | Volume15.Issue06
ColumnTuesday, 30 Jan 2018 | Volume15.Issue05
Cover StoryThursday, 18 Jan 2018 | Volume15.Issue04
IFN Correspondent ReportsTuesday, 16 Jan 2018 | Volume15.Issue03
Cover StoryWednesday, 22 Nov 2017 | Volume14.Issue48
DealsTuesday, 21 Nov 2017 | Volume14.Issue47
Cover StoryTuesday, 07 Nov 2017 | Volume14.Issue45
Special ReportsTuesday, 31 Oct 2017 | Volume14.Issue44
IFN ReportsTuesday, 31 Oct 2017 | Volume14.Issue44
Special ReportsFriday, 27 Oct 2017 | Volume14.Issue44
DealsMonday, 18 Sep 2017 | Volume14.Issue38
News BriefsFriday, 28 Jul 2017 | Volume14.Issue31
IFN ReportsFriday, 28 Jul 2017 | Volume14.Issue31
DealsMonday, 24 Jul 2017 | Volume14.Issue30
IFN Correspondent ReportsTuesday, 20 Jun 2017 | IFNC Volume2.Issue05
Cover StoryTuesday, 13 Jun 2017 | Volume14.Issue24
Cover StoryThursday, 18 May 2017 | IFNC Volume2.Issue04
News BriefsTuesday, 18 Apr 2017 | IFNC Volume2.Issue03
Cover StoryTuesday, 18 Apr 2017 | IFNC Volume2.Issue03
News BriefsFriday, 07 Apr 2017 | Volume14.Issue15
IFN ReportsThursday, 06 Apr 2017 | Volume14.Issue15
DealsFriday, 31 Mar 2017 | Volume14.Issue14
News BriefsWednesday, 29 Mar 2017 | Volume14.Issue14
IFN Correspondent ReportsMonday, 27 Mar 2017 | Volume14.Issue13
IFN Correspondent ReportsFriday, 24 Mar 2017 | Volume14.Issue13
DealsThursday, 23 Mar 2017 | Volume14.Issue13
MovesThursday, 23 Mar 2017 | Volume14.Issue13
DealsWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsTuesday, 21 Mar 2017 | Volume14.Issue12
IFN ReportsTuesday, 21 Mar 2017 | IFNC Volume2.Issue02
News BriefsTuesday, 21 Mar 2017 | IFNC Volume2.Issue02
News BriefsFriday, 17 Mar 2017 | Volume14.Issue12
IFN ReportsWednesday, 15 Mar 2017 | Volume14.Issue12
DealsWednesday, 15 Mar 2017 | Volume14.Issue12
Deals