IFN weekly market roundup: 5th – 11th August 2017
Friday, 11 Aug 2017 | Volume14.Issue33
ReportsUAE: 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
KUWAIT: Kuwait International Bank receives approval from Central Bank of Kuwait to issue additional Tier 1 Sukuk of up to US$300 million
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM14.25 billion (US$2.98 billion) in total
GLOBAL: Fasset partners with Malaysia Building Society to offer digital asset investments to customers in Malaysia
SAUDI ARABIA: Capital Market Authority of Saudi Arabia grants Financial Technology Experimental Permit to FinTech Thuluthain Company
SAUDI ARABIA: Amlak International renews financing facility with Saudi Investment Bank worth SAR864.5 million (US$230.31 million)
MALAYSIA: AEON Bank to start operations by end of Q2 2024, Bernama reports
BAHRAIN: Abdulhakeem Alkhayyat resigns from post as managing director and CEO of Kuwait Finance House Bahrain
INDONESIA:Takaful Keluarga appoints Yurivanno Gani as CEO
GLOBAL: GFH Partners welcomes Nabeel Kanoo as new board member
SAUDI ARABIA: Saudi National Debt Management Center opens third subscription round of Sah savings product with 5.59% return rate
UK: Wahed to launch real estate crowdfunding investment solution
SAUDI ARABIA: Emkan Alarabiya launches Sukuk product with return rate of up to 18%, Argaam reports
PAKISTAN: Mughal Iron & Steel Industries raises PKR3 billion (US$10.74 million) through privately-placed Sukuk
MALAYSIA: Cagamas prints Islamic paper worth RM230 million (US$48.01 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM15.45 billion (US$3.23 billion) in total
MALAYSIA: AEON Credit Service Malaysia launches Sukuk worth RM300 million (US$62.62 million)
SAUDI ARABIA: 18th IsDB Global Forum on Islamic Finance to be held on 28th April 2024
PAKISTAN: Pakistan Stock Exchange to hold auctions of government’s Sukuk Ijarah from 8th April 2024 to 20th June 2024
AUSTRALIA: Hejaz Group partners with mortgage and finance broking aggregator LMG, Mortgage Professional Australia reports
GLOBAL: Seedflex Technologies launches Shariah compliant digital financing solution in Malaysia, Fintech News Malaysia reports
US: The Children’s Place secures US$90 million Shariah compliant financing facility from Saudi firm Mithaq Capital
UAE: Emirates Islamic concludes debut US$500 million syndicated financing facility
GLOBAL: Prof Mehmet Asutay wins first place for 2024 Islamic Development Bank Prize for Impactful Achievement in Islamic Economics
PHILIPPINES: Maybank Philippines and unnamed foreign company to establish Islamic banking operations in Philippines
MALAYSIA: OCK Group proposes Islamic commercial papers program worth RM500 million (US$104.33 million)
MALAYSIA: Bursa Carbon Exchange to host inaugural renewable energy certificates auction on 25th June 2024
UAE: Abu Dhabi Islamic Bank denies interest in acquiring stake in Bank Syariah Indonesia
MALAYSIA: Bank Negara Malaysia prints Islamic facilities worth RM16.89 billion (US$3.52 billion) in total
MALAYSIA: Genting Plantations’s funding conduit registers RM2 billion (US$417.33 million) Sukuk program with Securities Commission Malaysia
QATAR: Qatar Islamic Bank records net profit of QAR955.14 million (US$261.63 million) for Q1 2024
MALAYSIA: Public Sector Home Financing Board prints Sukuk worth RM3.25 billion (US$677.78 million) in total
INDONESIA: Adira Finance to publicly offer Sukuk Mudarabah worth IDR400 billion (US$24.61 million), Bisnis.com reports
GLOBAL: Indonesia’s Badan Pengelola Keuangan Haji confirms support for IFN Investor Middle East Forum 2024
TURKIYE: Kuveyt Turk Katilim Bankasi auctions two Islamic papers worth TRY660 million (US$20.29 million) in total
SAUDI ARABIA: National Building and Marketing Company renews Shariah compliant financing worth SAR85 million (US$22.64 million)
MALAYSIA: Setia Alamsari launches Islamic paper worth RM12 million (US$2.5 million)
MALAYSIA: Qiradh Capital issues two Islamic medium-term notes worth RM37 million (US$7.72 million) in total
SAUDI ARABIA: Capital Market Authority of Saudi Arabia approves SEDCO Capital Multi Asset Traded Fund offering
UZBEKISTAN: IsDB provides financial support for Uzbekistan’s Integrated Rural Development Project Phase II worth US$293.5 million
SAUDI ARABIA: IsDB Group to hold Private Sector Forum 2024 in Riyadh from 28th to 30th April 2024
GLOBAL: Fitch Ratings expects global Sukuk growth for the rest of 2024
Friday, 11 Aug 2017 | Volume14.Issue33
ReportsFriday, 11 Aug 2017 | Volume14.Issue33
News BriefsFriday, 11 Aug 2017 | Volume14.Issue33
News BriefsFriday, 04 Aug 2017 | Volume14.Issue32
Correspondent ReportsFriday, 14 Jul 2017 | Volume14.Issue29
Ratings UpdatesTuesday, 11 Jul 2017 | Volume14.Issue28
MovesMonday, 10 Jul 2017 | Volume14.Issue28
Correspondent ReportsTuesday, 04 Jul 2017 | Volume14.Issue27
ReportsWednesday, 28 Jun 2017 | Volume14.Issue26
Case StudiesFriday, 23 Jun 2017 | Volume14.Issue26
Ratings UpdatesWednesday, 14 Jun 2017 | Volume14.Issue25
Ratings UpdatesMonday, 12 Jun 2017 | Volume14.Issue24
Correspondent ReportsFriday, 09 Jun 2017 | Volume14.Issue24
News BriefsTuesday, 06 Jun 2017 | Volume14.Issue23
Cover StoryThursday, 01 Jun 2017 | Volume14.Issue23
Ratings UpdatesTuesday, 30 May 2017 | Volume14.Issue22
Cover StoryTuesday, 30 May 2017 | Volume14.Issue22
FeaturesTuesday, 30 May 2017 | Volume14.Issue22
Case StudiesMonday, 29 May 2017 | Volume14.Issue22
Correspondent ReportsTuesday, 23 May 2017 | Volume14.Issue21
ReportsThursday, 18 May 2017 | IFNC Volume2.Issue04
Cover StoryFriday, 12 May 2017 | Volume14.Issue20
ReportsWednesday, 10 May 2017 | Volume14.Issue20
News BriefsTuesday, 09 May 2017 | Volume14.Issue19
ReportsWednesday, 03 May 2017 | Volume14.Issue19
Correspondent ReportsTuesday, 02 May 2017 | Volume14.Issue18
Case StudiesFriday, 28 Apr 2017 | Volume14.Issue18
Correspondent ReportsTuesday, 25 Apr 2017 | Special Awards Report 2018
Case StudiesMonday, 24 Apr 2017 | Volume14.Issue17
Ratings UpdatesTuesday, 18 Apr 2017 | IFNC Volume2.Issue03
Case StudiesFriday, 14 Apr 2017 | Volume14.Issue16
ReportsWednesday, 12 Apr 2017 | Volume14.Issue16
News BriefsThursday, 06 Apr 2017 | Volume14.Issue15
Ratings UpdatesWednesday, 05 Apr 2017 | Volume14.Issue15
News BriefsWednesday, 05 Apr 2017 | Volume14.Issue15
Ratings UpdatesSaturday, 01 Apr 2017 | IFN Fintech v1i1
Cover StoryTuesday, 28 Mar 2017 | Volume14.Issue13
Case StudiesWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsWednesday, 22 Mar 2017 | Special Awards Report 2017
Case StudiesWednesday, 22 Mar 2017 | Special Awards Report 2017
Case StudiesWednesday, 22 Mar 2017 | Special Awards Report 2017
Case StudiesMonday, 20 Mar 2017 | Volume14.Issue12
News BriefsWednesday, 15 Mar 2017 | Volume14.Issue12
Ratings UpdatesTuesday, 14 Mar 2017 | Volume14.Issue11
Case StudiesTuesday, 14 Mar 2017 | Volume14.Issue11
Correspondent ReportsTuesday, 07 Mar 2017 | Volume14.Issue10
ReportsFriday, 03 Mar 2017 | Volume14.Issue10
ReportsTuesday, 28 Feb 2017 | Volume14.Issue09
Case StudiesTuesday, 28 Feb 2017 | Volume14.Issue09
Cover Story