RAM reaffirms EXIM Sukuk Malaysia’s Sukuk rating
Friday, 14 Jan 2022 | Volume19.Issue03
Rating UpdatesSAUDI ARABIA: Salama Cooperative Insurance Co receives letter of approval from Saudi Central Bank to reduce capital by SAR150 million (US$39.94 million)
SAUDI ARABIA: Gulf Union Al Ahlia Cooperative Insurance Co receives Saudi Central Bank’s approval to launch new product
SAUDI ARABIA: Capital Market Authority of Saudi Arabia approves Amana Cooperative Insurance Company’s request to increase capital via rights issue
UAE: Trading of GFH Financial Group’s shares on Abu Dhabi Securities Exchange to be activated on the 31st May 2022
MALAYSIA: FWD Takaful launches several value-based intermediation for Takaful initiatives including partnership with Malaysian Takaful Association
SAUDI ARABIA: More than six million new shares of Gulf Union Al Ahlia Cooperative Insurance Company subscribed in rights issue trading and new shares subscription
SAUDI ARABIA: Trade Development Fund and Foreign Trade Training Center to organize training program to support SMEs accessing global markets
UAE: Postpay receives Shariah compliance certification from Shariyah Review Bureau
PAKISTAN: PACRA assigns ‘AAA’ preliminary rating to Water and Power Development Authority of Pakistan’s third tranche of i-e Series C Sukuk worth PKR6.35 billion (US$31.5 million)
MALAYSIA: Cagamas sells one-year Islamic medium-term note worth RM100 million (US$22.77 million)
MALAYSIA: Bank Negara Malaysia issues four Islamic liquidity management papers
BANGLADESH: Bangladesh Bank auctions one Bangladesh Government Islami Investment Bond
GLOBAL: Islamic Corporation for the Insurance of Investment and Export Credit and International Federation of Islamic Takaful and Insurance Companies sign MoU to boost Takaful sector
SAUDI ARABIA: Mediterranean and Gulf Insurance and Reinsurance Co reports net loss before Zakat of SAR55.4 million (US$14.75 million) for first quarter of 2022
UAE: Dubai Islamic Bank makes AED1 million (US$272,230) donation to Dubai’s Rental Disputes Center to assist those affected by judicial rulings due to inability to pay rent
EGYPT: Al Baraka Bank Egypt to inject US$6 million to expand digital services
SAUDI ARABIA: Saudi Enaya Insurance Company to increase capital via rights issue worth SAR300 million (US$79.89 million)
QATAR: Masraf Al Rayan completes operational integration upon acquisition of Al Khaliji Bank; consolidates operations to single platform
GLOBAL: Astana International Financial Centre signs MoU with Qatar Financial Centre to foster joint projects stimulating activity on both financial platforms
NIGERIA: IsDB approves US$49,000 grant for University of Health Sciences to train hospital staff in Nigeria
SAUDI ARABIA: Abdulmohsen Abdulrahman Musaed Al Sowailem resigns as CEO and managing director of Nayifat Finance Company
UAE: Aafaq Islamic Finance appoints Darrel D Souza as senior vice-president of credit and collection
SAUDI ARABIA: Saudi Home Loans Co reports net profit before Zakat and income tax of SAR35.85 million (US$9.55 million) for first quarter of 2022
MALAYSIA: Amanat Lebuhraya Rakyat proposes landmark sustainable Sukuk program worth RM5.5 billion (US$1.25 billion); receives preliminary ratings from MARC and RAM
MALAYSIA: Tanjung Bin Energy sells eight Islamic medium-term notes totaling RM710 million (US$161.58 million)
INDONESIA: Indonesia Stock Exchange delists Medco Power Indonesia’s Sukuk Wakalah worth IDR832.7 billion (US$58.29 million)
BRUNEI: Brunei Darussalam Central Bank prices 73rd issuance of BDCB Islamic Bills at BN$27 million (US$19.56 million) with a profit rate of 0.35%
MALAYSIA: Bank Negara Malaysia issues four Shariah papers
SAUDI ARABIA: United Cooperative Assurance Co reports net loss before Zakat of SAR19.86 million (US$5.3 million) for first quarter of 2022
SAUDI ARABIA: Gulf Union Alahlia Cooperative Insurance Co records net loss before Zakat of SAR20.39 million (US$5.43 million) for first quarter of 2022
SAUDI ARABIA: Gulf General Cooperative Insurance Co reports net loss before Zakat of SAR18.07 million (US$4.81 million) for first quarter of 2022
SAUDI ARABIA: CHUBB Arabia Cooperative Insurance Co sees net profit before Zakat decline by 16.19% on year-on-year basis to SAR2.03 million (US$541,634) for first quarter of 2022
SAUDI ARABIA: Allianz Saudi Fransi Cooperative Insurance Co reports net profit before Zakat of SAR3.19 million (US$850,669) for first quarter of 2022
GLOBAL: Turk Eximbank and Etihad Credit Insurance sign MoU to enhance Halal trade and support business relations between Turkey and the UAE
QATAR: Shariah compliant crypto exchange CoinMENA launches in Qatar
SAUDI ARABIA: Riyad Bank calls for board membership nominations
BANGLADESH: Bangladesh Bank asks Islamic banks and conventional banks with Islamic operations to submit information on Shariah committee members
RUSSIA: Sber to offer Shariah compliant business lending product
INDONESIA: Bank Syariah Indonesia to conduct rights issue exercise worth IDR5 trillion (US$350 million)
SAUDI ARABIA: Bashar Yahya Alqunaibet resigns as deputy chairman of SABB Takaful
INDONESIA: PEFINDO affirms ‘idA+(sy)’ rating on Oki Pulp and Paper Mills’s Sukuk I Year 2021 Series A worth IDR700 billion (US$49 million) maturing on the 18th July 2022
INDONESIA: PEFINDO affirms ‘idA+(sy)’ rating on Jasamarga Pandaan Tol’s Sukuk Ijarah Year 2019
INDONESIA: PEFINDO raises rating for Hutama Karya’s Shelf Registered Sukuk I to ‘idAA-(sy)’ from ‘idA(sy)’
GLOBAL: Bahrain Bourse and Abu Dhabi Securities Exchange discuss high-level strategic partnership to implement cooperation agreement signed in November 2021
INDONESIA: Indonesia to issue project-based Sukuk paper via private placement
MALAYSIA: Bank Negara Malaysia issues five Shariah papers
UK: Cloud native banking technology company Thought Machine closes Series D funding round
SAUDI ARABIA: ANB Invest signs agreement with Hisham Al Musa Group to invest SAR700 million (US$186.4 million) in real estate project
BAHRAIN: Central Bank of Bahrain launches Bahrain Open Banking Supernova 2022 innovation challenges
Friday, 14 Jan 2022 | Volume19.Issue03
Rating UpdatesFriday, 19 Nov 2021 | Volume18.Issue47
IFN ReportsMonday, 15 Nov 2021 | Volume18.Issue46
IFN ReportsWednesday, 19 Feb 2020 | Volume17.Issue08
News BriefsTuesday, 18 Feb 2020 | Volume17.Issue07
News BriefsFriday, 03 Jan 2020 | Volume17.Issue01
News BriefsThursday, 02 Jan 2020 | Volume17.Issue01
IFN ReportsThursday, 19 Dec 2019 | Volume17.Issue01
News BriefsTuesday, 19 Nov 2019 | Volume16.Issue46
IFN AnalysisTuesday, 15 Oct 2019 | Volume16.Issue41
IFN ReportsMonday, 06 May 2019 | Volume16.Issue18
IFN ReportsTuesday, 16 Apr 2019 | Volume16.Issue15
MovesMonday, 25 Feb 2019 | Volume16.Issue08
News BriefsThursday, 30 Nov 2017 | Volume14.Issue49
Rating UpdatesThursday, 09 Nov 2017 | Volume14.Issue46
Rating UpdatesTuesday, 20 Jun 2017 | IFNC Volume2.Issue05
Cover StoryTuesday, 28 Feb 2017 | Volume14.Issue11
Deal TrackerTuesday, 21 Feb 2017 | Volume14.Issue08
Deal TrackerTuesday, 14 Feb 2017 | Volume14.Issue07
Deal TrackerWednesday, 21 Sep 2016 | Volume13.Issue39
Rating UpdatesMonday, 15 Aug 2016 | IFNC Volume1.Issue8
News BriefsTuesday, 02 Aug 2016 | Volume13.Issue31
DealsFriday, 22 Jul 2016 | Volume13.Issue30
Rating UpdatesTuesday, 05 Jul 2016 | Volume13.Issue28
MovesFriday, 18 Mar 2016 | Volume13.Issue12
IFN ReportsWednesday, 16 Mar 2016 | Volume13.Issue12
MovesThursday, 04 Feb 2016 | Volume13.Issue06
DealsTuesday, 12 Jan 2016 | Volume13.Issue02
Rating UpdatesFriday, 11 Dec 2015 | Volume12.Issue50
IFN ReportsThursday, 10 Dec 2015 | Volume12.Issue50
DealsFriday, 02 Oct 2015 | Volume12.Issue40
IFN ReportsThursday, 01 Oct 2015 | Volume12.Issue40
MovesThursday, 10 Sep 2015 | Volume12.Issue37
Rating UpdatesFriday, 15 May 2015 | Volume12.Issue20
MovesFriday, 13 Mar 2015 | IFN Annual Guide 2015
FeaturesMonday, 02 Mar 2015 | IFN Awards Guide 2015
IFN AwardsMonday, 02 Mar 2015 | IFN Awards Guide 2015
Special ReportsWednesday, 07 Jan 2015 | Volume12.Issue01
Cover StoryWednesday, 12 Nov 2014 | Volume11.Issue46
DealsWednesday, 24 Sep 2014 | Volume11.Issue38
IFN AnalysisTuesday, 02 Sep 2014 | Volume11.Issue35
Closing BellMonday, 04 Aug 2014 | Volume11.Issue31
News BriefsWednesday, 02 Jul 2014 | Volume11.Issue26
IFN ReportsFriday, 20 Jun 2014 | Volume11.Issue25
News BriefsThursday, 20 Mar 2014 | Volume11.Issue12
News BriefsWednesday, 26 Feb 2014 | Volume11.Issue08
Case StudyWednesday, 12 Feb 2014 | Volume11.Issue07
News BriefsTuesday, 11 Feb 2014 | Volume11.Issue06
News BriefsThursday, 06 Feb 2014 | Volume11.Issue06
News BriefsThursday, 12 Dec 2013 | IFN US Supplement 2013
News Briefs