Syndicated financing – Volume driven by the GCC
Friday, 20 Jan 2023 | Volume20.Issue04
IFN AnalysisSAUDI 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
SAUDI ARABIA: Saudi Real Estate Refinance Company plans US dollar-denominated Sukuk offering, Asharq Al-Awsat reports
KENYA: IFN welcomes Mbula Mulu as new correspondent for Kenya
MALAYSIA: BGMC BRAS POWER issues Islamic medium-term note worth RM50 million (US$11.56 million)
GAMBIA: Central Bank of Gambia’s three Sukuk Salam facilities undersubscribed
MALAYSIA: Bank Negara Malaysia auctions Islamic paper worth RM44.88 billion (US$10.36 billion)
UK: BlackRock’s Islamic equity ETF switches to full replication methodology, ETF Stream reports
SAUDI ARABIA: Saudi Central Bank updates Unified Compulsory Motor Insurance Policy with terms in recovery cases
UK: Gatehouse Bank partners with The Right DA Club to provide broker members access to home finance products
SAUDI ARABIA: Al-Etihad Cooperative Insurance Co signs contract with Abdul Latif Jameel Financing Company to cover vehicles
SAUDI ARABIA: Saudi fintech Malaa Technology receives Shariah certification for platform from Shariyah Review Bureau
UAE: Abu Dhabi Distribution Company to invest AED20 million (US$5.44 million) to help reduce electricity consumption in Abu Dhabi mosques
SAUDI ARABIA: Ataa Educational Co renews Islamic facilities agreement worth SAR50 million (US$13.31 million) with Saudi National Bank
GLOBAL: Indonesian Hajj Fund Management Agency and IsDB Institute to renew collaboration in Islamic finance training and research
Friday, 20 Jan 2023 | Volume20.Issue04
IFN AnalysisTuesday, 17 Jan 2023 | Volume20.Issue03
Cover StoryTuesday, 17 Jan 2023 | Volume20.Issue03
Case StudyTuesday, 03 Jan 2023 | Volume20.Issue01
Cover StoryFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesMonday, 21 Nov 2022 | Volume19.Issue47
DealsTuesday, 08 Nov 2022 | Volume19.Issue45
IFN Correspondent ReportsTuesday, 01 Nov 2022 | Volume19.Issue44
News BriefsTuesday, 04 Oct 2022 | Volume19.Issue40
Cover StoryWednesday, 14 Sep 2022 | Volume19.Issue38
DealsTuesday, 30 Aug 2022 | Volume19.Issue35
Special ReportsTuesday, 26 Jul 2022 | Volume19.Issue30
Cover StoryTuesday, 07 Jun 2022 | Volume19.Issue23
Case StudyThursday, 02 Jun 2022 | Volume19.Issue23
DealsWednesday, 01 Jun 2022 | Volume19.Issue23
DealsWednesday, 25 May 2022 | Volume19.Issue22
DealsMonday, 16 May 2022 | Volume19.Issue20
News BriefsTuesday, 12 Apr 2022 | Volume19.Issue15
Case StudyThursday, 24 Mar 2022 | Volume19.Issue13
DealsFriday, 04 Mar 2022 | Volume19.Issue10
Takaful NewsThursday, 24 Feb 2022 | Volume19.Issue09
DealsTuesday, 22 Feb 2022 | Volume19.Issue08
DealsWednesday, 09 Feb 2022 | Volume19.Issue07
DealsTuesday, 08 Feb 2022 | Volume19.Issue06
DealsMonday, 24 Jan 2022 | Volume19.Issue04
MovesTuesday, 18 Jan 2022 | Awards Report 2021
Cover StoryThursday, 13 Jan 2022 | IFN Annual Guide 2022
FeaturesTuesday, 30 Nov 2021 | Volume18.Issue48
Case StudyTuesday, 23 Nov 2021 | Volume18.Issue47
Case StudyFriday, 19 Nov 2021 | Volume18.Issue47
DealsMonday, 15 Nov 2021 | Volume18.Issue46
DealsMonday, 18 Oct 2021 | Volume18.Issue42
Case StudyTuesday, 28 Sep 2021 | Awards Report 2021
Case StudyTuesday, 14 Sep 2021 | Volume18.Issue37
IFN AnalysisWednesday, 08 Sep 2021 | Volume18.Issue37
DealsTuesday, 07 Sep 2021 | Volume18.Issue36
IFN ReportsFriday, 03 Sep 2021 | Volume18.Issue36
DealsThursday, 15 Jul 2021 | Volume18.Issue29
IFN Correspondent ReportsFriday, 09 Jul 2021 | Volume18.Issue28
DealsThursday, 08 Jul 2021 | Volume18.Issue28
DealsTuesday, 06 Jul 2021 | Volume18.Issue27
DealsTuesday, 06 Jul 2021 | Awards Report 2021
Case StudyTuesday, 29 Jun 2021 | Volume18.Issue26
IFN ReportsThursday, 24 Jun 2021 | Volume18.Issue26
DealsTuesday, 22 Jun 2021 | Volume18.Issue25
IFN ReportsTuesday, 22 Jun 2021 | Volume18.Issue25
DealsTuesday, 22 Jun 2021 | Awards Report 2021
Case StudyFriday, 18 Jun 2021 | Volume18.Issue25
IFN ReportsWednesday, 16 Jun 2021 | Volume18.Issue25
DealsWednesday, 16 Jun 2021 | Volume18.Issue25
Deals