A new normal (Part 1): Can sovereigns support the Sukuk market through COVID-19?
Tuesday, 21 Apr 2020 | Volume17.Issue16
Cover StoryUAE: Central Bank of the UAE begins procedures to assume oversight of insurance sector triggered by merger with Insurance Authority
GERMANY: INAIA Finance to roll out real estate financing platform and digital payment solution
ALGERIA: AOM Invest to issue DZD2.5 million (US$18,762.8)-worth of Sukuk to fund tourism sector
GLOBAL: AAOIFI issues exposure draft on financial statement disclosures for Takaful operators; collecting feedback until March
INDONESIA: Otoritas Jasa Keuangan issues license for tripartite Shariah bank merger; merged entity to be known as Bank Syariah Indonesia
SAUDI ARABIA: Quara Finance welcomes Ehab Mahmoud Hassoubah as chief executive
GLOBAL: Islamic finance expert Mohammed Paracha to lead Norton Rose Fulbright’s Middle Eastern business
IRAN: Hassan Qalibaf Asl joins Ministry of Economic Affairs and Finance of Iran as financial advisor
MALAYSIA: Principal Asset Management Group records RM92.6 billion (US$22.88 billion) in assets under management as of December 2020
GLOBAL: Kazakh ambassador to Iran proposes establishing joint bank between Kazakhstan and Iran
MALAYSIA: KPower Engineering enters into agreement with Public Islamic Bank to collaborate in solar financing program
UAE: First Abu Dhabi Bank appoints Hana Al Rostamani as group CEO
MALAYSIA: RAM Ratings expects Cendana Sejati to default on RM10.28 million (US$2.54 million) profit and principal obligations on senior Sukuk
GLOBAL: Investcorp acquires multifamily residential properties in US for US$330 million
SAUDI ARABIA: AlJazira Takaful Ta’awuni Company to move forward with Solidarity Saudi Takaful Company merger; approves capital raise
QATAR: Qatar Fintech Hub opens hackathon applications for change to be fast-tracked into incubator program
MALAYSIA: Petroleum Sarawak Exploration & Production plans multicurrency Islamic medium-term note program of up to RM15 billion (US$3.71 billion)
MALAYSIA: Infracap Resources to establish RM15 billion (US$3.71 billion) Sukuk Murabahah program
INDONESIA: Indonesia exercises greenshoe option; raises IDR7 trillion (US$495.88 million) from five sovereign Shariah securities
MALAYSIA: Bank Negara Malaysia places two Islamic papers amounting to RM24.94 billion (US$6.16 billion)
QATAR: Fitch expects Al Khalij Commercial Bank–Masraf Al Rayan merger to be neutral to issuer default ratings
UAE: Dubai Financial Market licenses Al Ramz Capital and Al Ansari Financial Services as short-term margin trading providers
BAHRAIN: AAOIFI approves formation of Public Interest Monitoring Consultative Committee, invites nominations for seven seats
SAUDI ARABIA: Tamam Financing Company receives Fatwa for microfinancing app
SAUDI ARABIA: Hakbah raises US$1.2 million seed funding
GLOBAL: Iran and Oman to deepen banking and economic bilateral ties
BANGLADESH: Prime Bank receives US$15 million Murabahah facility from International Islamic Trade Finance Corporation to support cross-border financing
IRAN: Dr Mohammad Ali Dehghan Dehnavi joins Securities and Exchange Organization of Iran as chairman
PAKISTAN: Prime Minister Imran Khan opposes plan to mortgage Fatima Jinnah Park for Sukuk Ijarah issuance
INDONESIA: Mandiri Investment Management partners with Mandiri Syariah on cash Waqf mutual fund
BAHRAIN: Investcorp launches fintech investment platform iPartners developed in collaboration with iCapital Network
INDONESIA: Indonesia raises IDR9 trillion (US$637.62 million) from Sukuk auction; plans additional Sukuk auction with greenshoe option
SAUDI ARABIA: Amana Cooperative Insurance Company secures regulatory approval to reduce capital by SAR110 million (US$29.31 million)
BAHRAIN: Mustafa Ghazi Kheriba resigns as board member of Khaleeji Commercial Bank
SAUDI ARABIA: National Commercial Bank completes US$1.25 billion additional Tier 1 Sukuk issuance with a return rate of 3.5% per annum
IRAN: Iranian Ministry of Economic Affairs and Finance raises IRR39.3 trillion (US$932.25 million) from 35th bond auction
MALAYSIA: UOB Asset Management Malaysia rolls out Shariah compliant United-i Asia ESG Income Fund targeting retail investors
GAMBIA: Central Bank of Gambia concludes Sukuk Salam auction
KUWAIT: Central Bank of Kuwait auctions bonds and related Tawarruq facilities totaling KWD200 million (US$659.17 million)
TURKEY: Ziraat Participation Bank completes return payments to holders of TRY350 million (US$47.41 million) lease certificates
MALAYSIA: Idiwan Solar places unrated Murabahah-based Islamic medium-term note
MALAYSIA: Bank Negara Malaysia issues two Shariah papers
MALAYSIA: BGMC Bras Power prints RM11 million (US$2.72 million) unrated Islamic medium-term note
OMAN: Islamic financial institutions disclose exposure to troubled manufacturing company Abou Nabil
QATAR: Al Jazeera Finance signs cooperation agreement with Al Asmakh Real Estate Development Company to provide residential real estate financing
SINGAPORE: Sabana REIT’s New Tech Park+ in Lorong Chuan could deliver SG$3.5 million (US$2.64 million) in revenue
KAZAKHSTAN: Damu Entrepreneurship Development Fund concludes Islamic financing agreements worth a total of KZT13 billion (US$30.75 billion)
INDONESIA: Sarana Multigriya Finansial to conduct public offering for IDR100.01 billion (US$7.1 million) Sukuk Mudarabah
UK: UK Debt Management Office invites tenders from syndicate banks for second sovereign Sukuk
NIGERIA: Nigeria’s nascent Islamic finance industry could grow as government seeks large financing alternatives
Tuesday, 21 Apr 2020 | Volume17.Issue16
Cover StoryTuesday, 21 Apr 2020 | Volume17.Issue16
FeaturesFriday, 17 Apr 2020 | Volume17.Issue16
IFN ReportsWednesday, 15 Apr 2020 | Volume17.Issue16
News BriefsMonday, 13 Apr 2020 | Volume17.Issue15
IFN ReportsFriday, 10 Apr 2020 | Volume17.Issue15
IFN ReportsTuesday, 07 Apr 2020 | Volume17.Issue14
Cover StoryTuesday, 31 Mar 2020 | Volume17.Issue13
Cover StoryTuesday, 31 Mar 2020 | Volume17.Issue13
IFN AnalysisFriday, 27 Mar 2020 | Volume17.Issue13
News BriefsThursday, 26 Mar 2020 | Volume17.Issue13
IFN ReportsFriday, 20 Mar 2020 | Volume17.Issue12
News BriefsTuesday, 17 Mar 2020 | Volume17.Issue11
Case StudyMonday, 16 Mar 2020 | Volume17.Issue11
IFN Correspondent ReportsFriday, 06 Mar 2020 | Volume17.Issue10
IFN ReportsThursday, 05 Mar 2020 | Volume17.Issue10
News BriefsWednesday, 04 Mar 2020 | Volume17.Issue10
News BriefsTuesday, 03 Mar 2020 | Volume17.Issue09
Case StudyThursday, 27 Feb 2020 | Volume17.Issue09
IFN ReportsFriday, 21 Feb 2020 | Volume17.Issue08
IFN Correspondent ReportsThursday, 20 Feb 2020 | Volume17.Issue08
DealsTuesday, 18 Feb 2020 | Volume17.Issue07
Case StudyWednesday, 12 Feb 2020 | Volume17.Issue07
IFN ReportsTuesday, 11 Feb 2020 | Volume17.Issue06
Case StudyThursday, 06 Feb 2020 | Volume17.Issue06
News BriefsTuesday, 04 Feb 2020 | Volume17.Issue05
Cover StoryTuesday, 04 Feb 2020 | Volume17.Issue05
IFN AnalysisThursday, 30 Jan 2020 | Volume17.Issue05
Rating UpdatesMonday, 27 Jan 2020 | Volume17.Issue04
IFN ReportsTuesday, 21 Jan 2020 | Volume17.Issue03
Special ReportsTuesday, 14 Jan 2020 | Volume17.Issue02
Cover StoryTuesday, 14 Jan 2020 | Volume17.Issue02
IFN AnalysisTuesday, 14 Jan 2020 | Volume17.Issue02
Case StudyWednesday, 18 Dec 2019 | IFNC Volume4.Issue11
IFN ReportsTuesday, 17 Dec 2019 | Volume16.Issue50
Cover StoryMonday, 02 Dec 2019 | Volume16.Issue48
IFN ReportsMonday, 02 Dec 2019 | Volume16.Issue48
DealsMonday, 02 Dec 2019 | Volume16.Issue48
Case StudyThursday, 21 Nov 2019 | Volume16.Issue47
News BriefsTuesday, 19 Nov 2019 | Volume16.Issue46
IFN ReportsFriday, 15 Nov 2019 | Volume16.Issue46
IFN Correspondent ReportsTuesday, 12 Nov 2019 | Volume16.Issue45
Cover StoryTuesday, 12 Nov 2019 | Kuwait 2019
Special ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
Special ReportsMonday, 04 Nov 2019 | Kuwait 2019
IFN ReportsMonday, 04 Nov 2019 | Kuwait 2019
IFN Correspondent ReportsThursday, 31 Oct 2019 | IFNC Volume4.Issue9
IFN ReportsThursday, 31 Oct 2019 | IFNC Volume4.Issue9
IFN ReportsTuesday, 22 Oct 2019 | Volume16.Issue42
Cover StoryFriday, 18 Oct 2019 | Volume16.Issue42
News Briefs