IFN weekly market roundup: 23rd – 29th September 2017
Friday, 29 Sep 2017 | Volume14.Issue40
ReportsBANGLADESH: Bangladesh Bank receives bids amounting to BDT44.25 billion (US$398.96 million) for Islamic Banks Liquidity Facility
MALAYSIA: Sunway Treasury Sukuk sells Sukuk worth RM165 million (US$34.5 million) in total
UK: King & Spalding confirms support for IFN UK Forum 2024 as partner
QATAR: Dukhan Bank reports net profit of QAR423 million (US$115.13 million) for Q1 2024
UAE: Abu Dhabi Islamic Bank’s profit after Zakat and tax for Q1 2024 reaches AED1.45 billion (US$395.05 million)
UAE: Qardly launches Shariah compliant friends and family lending app
IRAN: Iranian government launches renewable energy certificates on Iran Energy Exchange
PAKISTAN: Securities and Exchange Commission of Pakistan and IFSB host workshop on Islamic capital markets
BAHRAIN: Bahrain Islamic Bank appoints Zaid Khalid Abdul Rahman as chairperson of board of directors
PAKISTAN: Pakistan Stock Exchange auctions government Sukuk with accepted competitive bids totaling PKR95.39 billion (US$341.79 million)
KUWAIT: Kuwait International Bank launches perpetual additional Tier 1 Sukuk worth US$300 million
INDONESIA: Indonesian government prints sovereign Shariah securities series worth IDR150 billion (US$9.26 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM21.06 billion (US$4.4 million) in total
SAUDI ARABIA: Capital Market Authority of Saudi Arabia licenses Pinnacle Capital to conduct managing investments activity in the securities business
OMAN: 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
Friday, 29 Sep 2017 | Volume14.Issue40
ReportsMonday, 25 Sep 2017 | Volume14.Issue39
MovesThursday, 14 Sep 2017 | Volume14.Issue38
Ratings UpdatesMonday, 11 Sep 2017 | Volume14.Issue37
Correspondent ReportsMonday, 21 Aug 2017 | Volume14.Issue34
News BriefsTuesday, 01 Aug 2017 | Volume14.Issue31
Case StudiesThursday, 20 Jul 2017 | IFNC Volume2.Issue06
FeaturesThursday, 20 Jul 2017 | IFNC Volume2.Issue06
News BriefsMonday, 03 Jul 2017 | Volume14.Issue27
ReportsWednesday, 28 Jun 2017 | Volume14.Issue26
ReportsFriday, 23 Jun 2017 | Volume14.Issue26
ReportsFriday, 23 Jun 2017 | Volume14.Issue26
DealsTuesday, 06 Jun 2017 | Volume14.Issue23
Ratings UpdatesThursday, 18 May 2017 | IFNC Volume2.Issue04
FeaturesThursday, 13 Apr 2017 | Volume14.Issue16
News BriefsWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsMonday, 16 Jan 2017 | Volume14.Issue03
News BriefsWednesday, 11 Jan 2017 | Volume14.Issue02
Cover StoryFriday, 07 Oct 2016 | Volume13.Issue41
News BriefsFriday, 01 Jul 2016 | Volume13.Issue27
Ratings UpdatesThursday, 31 Mar 2016 | Special Awards Report 2016
IFN AwardsWednesday, 30 Mar 2016 | Volume13.Issue13
ReportsTuesday, 22 Mar 2016 | Volume13.Issue12
ReportsWednesday, 06 Jan 2016 | Volume13.Issue01
Cover StoryTuesday, 29 Sep 2015 | Volume12.Issue39
Asset ManagementMonday, 07 Sep 2015 | Volume12.Issue36
News BriefsThursday, 03 Sep 2015 | Volume12.Issue36
News BriefsFriday, 31 Jul 2015 | Volume12.Issue31
News BriefsThursday, 02 Apr 2015 | Volume12.Issue14
TakafulFriday, 27 Mar 2015 | Volume12.Issue13
News BriefsWednesday, 11 Mar 2015 | Volume12.Issue10
MovesThursday, 08 Jan 2015 | Volume12.Issue02
News BriefsThursday, 11 Dec 2014 | Volume11.Issue50
News BriefsWednesday, 26 Nov 2014 | Volume11.Issue47
AnalysesMonday, 24 Nov 2014 | Volume11.Issue47
ReportsThursday, 09 Oct 2014 | Volume11.Issue41
News BriefsMonday, 29 Sep 2014 | Volume11.Issue39
News BriefsMonday, 11 Aug 2014 | Volume11.Issue32
MovesMonday, 28 Jul 2014 | Volume11.Issue30
ReportsWednesday, 23 Jul 2014 | Volume11.Issue30
DealsFriday, 18 Jul 2014 | Volume11.Issue29
DealsWednesday, 14 May 2014 | Volume11.Issue20
News BriefsFriday, 18 Apr 2014 | Volume11.Issue16
News BriefsMonday, 31 Mar 2014 | Deals of the Year Handbook 2014
IFN AwardsMonday, 17 Mar 2014 | Volume11.Issue11
News BriefsThursday, 23 Jan 2014 | Volume11.Issue04
News BriefsThursday, 11 Apr 2013 | Volume10.Issue15
News BriefsTuesday, 04 Sep 2012 | Volume9.Issue35
News BriefsTuesday, 15 May 2012 | Volume9.Issue19
News BriefsMonday, 07 May 2012 | Volume9.Issue18
News Briefs