All things fintech
Tuesday, 17 Oct 2023 | Volume20.Issue42
Correspondent ReportsSAUDI ARABIA: Saudi Capital Market Authority grants approval to Jana Financial Company to carry out a fintech experiment
EGYPT: Faisal Islamic Bank of Egypt’s net profit after tax for Q1 2024 reaches EGP6 billion (US$123.78 million)
SAUDI ARABIA: Ladun Investment Company’s board of directors grants approval to sign credit facility agreement worth SAR573 million (US$152.65 million)
PAKISTAN: Dubai Islamic Bank, ARY Services and MAK Global Consulting sign MoU to launch RAAST P2M services in Pakistan
BANGLADESH: Bangladesh Bank receives bid amounting to BDT4.97 billion (US$44.73 million) for Islamic Banks Liquidity Facility
KAZAKHSTAN: IFN announces new correspondent for Kazakhstan
TURKIYE: Turkish government issues fixed rent rate lease certificate worth TRY5.68 billion (US$174.98 million)
QATAR: Qatar Central Bank auctions treasury bills and Sukuk with bids amounting to QAR13.95 billion (US$3.77 billion)
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities valued at KWD240 million (US$776.98 million)
GAMBIA: Central Bank of The Gambia auctions Sukuk Salam worth GMD62.98 million (US$926,178) in total
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM14.43 billion (US$3.01 billion)
UK: Wahed Invest introduces new Shariah compliant personal pension scheme
OMAN: Takaful Oman’s net profit for period ending 31st March 2024 drops to OMR178,717 (US$462,977)
OMAN: Bank Nizwa records net profit of OMR3.87 million (US$10.01 million) for period ending 31st March 2024
OMAN: Bank Muscat’s net interest income and Islamic financing income increases to OMR95.45 million (US$247.27 million) for Q1 2024
OMAN: Al Madina Takaful’s net profit for period ending on 31st March 2024 reaches OMR492,489 (US$1.28 million)
PAKISTAN: State Bank of Pakistan’s Shariah compliant liquidity injection sees PKR270 billion (US$969.52 million) offered and accepted
MALAYSIA: Permodalan Nasional appoints Abdul Rahman Ahmad as president and group CEO
UK: SC Ventures’s sustainable finance platform Shoal partners with Islamic fintech company Algbra
KUWAIT: Capital Markets Authority renews license of Shariah compliant Watani USD Money Market Fund
SAUDI ARABIA: Saudi Capital Market Authority grants license to Fisher Investments Arabia Company
MALAYSIA: Bank Negara Malaysia issues policy document on electronic know-your-customer
ETHIOPIA: IsDB Institute delivers Islamic banking capacity-building program for Ethiopian banking sector
TURKIYE: Albaraka Turk Participation Bank launches Sukuk worth TRY500 million (US$15.42 million)
SAUDI ARABIA: 2P Perfect Presentation renews Shariah compliant facility with Saudi Awwal Bank worth SAR80 million (US$21.32 million)
GLOBAL: IsDB Institute and Arab Monetary Fund hold third session of capacity-building program on AAOIFI accounting standards
TURKIYE: Turkiye government collects 10.79 kilograms of gold for lease certificates
PAKISTAN: Pakistan Stock Exchange lists government’s discounted Sukuk Ijarah with total realized amount of PKR19.7 billion (US$70.74 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM15.86 billion (US$3.32 billion) in total
MALAYSIA: Sunway Treasury Sukuk issues two Islamic commercial papers worth RM60 million (US$12.57 million) in total
INDONESIA: Indonesian Ministry of Finance to raise IDR11 trillion (US$682.17 million) through Sukuk auction on 23rd April 2024
MALAYSIA: Global Vision Logistics sells Islamic medium-term note worth RM50 million (US$10.48 million)
BANGLADESH: Bangladesh Bank accepts bids worth BDT19 billion (US$170.61 million) for Islamic Banks Liquidity Facility offerings
GLOBAL: Michael Krautzberger to leave BlackRock in June; Simon Blundell takes over as head of European fixed income investments, Citywire reports
MALAYSIA: Bank Negara Malaysia auctions Islamic papers; raises RM17.75 billion (US$3.72 billion)
KUWAIT: Kuwaiti regulator authorizes offering of Watani Investment Company’s second euro-denominated Islamic leasing fund
PAKISTAN: State Life Insurance Corporation of Pakistan records 122% increase in Takaful contributions in 2023, Pakistan & Gulf Economist reports
SOUTH AFRICA: University of the Western Cape begins offering Islamic studies for undergraduate students
MALAYSIA: Hong Leong Islamic Bank files suit against Sarawak Cable subsidiary for owed sum of RM78.3 million (US$16.48 million)
PAKISTAN: Central Directorate of National Savings of Pakistan records PKR50 billion (US$178.95 million) in Islamic bonds for Q2 of fiscal year 2023–24
AZERBAIJAN: Azerbaijan’s Economic Council discusses Islamic finance and banking implementation in meeting
PAKISTAN: Bank Alfalah appoints Arif Habib to manage offer to acquire 84.51% of Samba Bank shares
TANZANIA: Tanzania Commercial Bank intends to open Islamic banking window by end of 2024, Daily News reports
PAKISTAN: Pakistani government raises PKR22.87 billion (US$82.06 million) through Sukuk Ijarah auction on Pakistan Stock Exchange
GAMBIA: Gambia raises GMD20 million (US$294,118) through Sukuk Salam issuances
MALAYSIA: Bank Negara Malaysia prints Islamic facility worth RM18.98 billion (US$4 billion)
PAKISTAN: Pakistani regulator approves regulations facilitating Shariah compliant brokerage services; grants license to Islamic firm
KENYA: Hustler Fund initiative to be Shariah compliant, President William Ruto promises
BAHRAIN: Bahrain Islamic Bank partners with Manazel Real Estate to offer financing
GLOBAL: IFN welcomes new correspondent for education
Tuesday, 17 Oct 2023 | Volume20.Issue42
Correspondent ReportsFriday, 09 Dec 2022 | Volume19.Issue50
DealsTuesday, 20 Sep 2022 | Volume19.Issue38
Cover StoryTuesday, 23 Aug 2022 | Volume19.Issue34
Cover StoryTuesday, 21 Jun 2022 | Volume19.Issue25
Cover StoryTuesday, 05 Jan 2021 | Volume18.Issue01
Cover StoryTuesday, 20 Oct 2020 | Volume17.Issue42
FeaturesTuesday, 13 Oct 2020 | Volume17.Issue41
ReportsTuesday, 29 Sep 2020 | Volume17.Issue39
Fund FocusMonday, 21 Sep 2020 | Volume17.Issue38
Asset ManagementTuesday, 25 Aug 2020 | Volume17.Issue34
Cover StoryTuesday, 28 Apr 2020 | Volume17.Issue17
Cover StoryTuesday, 21 Apr 2020 | Volume17.Issue16
Cover StoryTuesday, 17 Sep 2019 | Volume16.Issue37
ReportsTuesday, 26 Feb 2019 | Volume16.Issue08
Cover StoryTuesday, 19 Jun 2018 | Volume15.Issue25
ReportsFriday, 01 Jun 2018 | IFNC Volume3.Issue4
News BriefsWednesday, 30 May 2018 | Volume15.Issue23
ReportsMonday, 14 May 2018 | Volume15.Issue20
DealsTuesday, 08 May 2018 | Volume15.Issue19
Cover StoryTuesday, 27 Mar 2018 | Volume15.Issue13
Cover StoryTuesday, 27 Feb 2018 | Volume15.Issue09
Cover StoryTuesday, 20 Feb 2018 | Volume15.Issue08
Cover StoryThursday, 08 Feb 2018 | Volume15.Issue07
MovesTuesday, 05 Dec 2017 | Volume14.Issue49
Cover StoryTuesday, 07 Nov 2017 | Volume14.Issue45
Cover StoryTuesday, 26 Sep 2017 | Volume14.Issue39
Cover StoryFriday, 15 Sep 2017 | Volume14.Issue38
ReportsWednesday, 13 Sep 2017 | Volume14.Issue38
MovesTuesday, 13 Jun 2017 | Volume14.Issue24
Cover StoryThursday, 01 Jun 2017 | MYIF June 2017
FeaturesFriday, 10 Feb 2017 | Volume14.Issue07
ReportsMonday, 06 Feb 2017 | Volume14.Issue06
MovesWednesday, 18 Jan 2017 | Volume14.Issue03
Special ReportsTuesday, 17 Jan 2017 | Volume14.Issue03
Editor`s NotesWednesday, 12 Oct 2016 | Volume13.Issue41
Cover StorySaturday, 01 Oct 2016 | MYIF October 2016
Cover StoryWednesday, 02 Mar 2016 | Volume13.Issue09
ReportsWednesday, 25 Nov 2015 | Volume12.Issue47
ReportsFriday, 20 Nov 2015 | Volume12.Issue47
ReportsFriday, 20 Nov 2015 | Volume12.Issue47
Asset ManagementTuesday, 17 Nov 2015 | Volume12.Issue46
Cover StoryWednesday, 08 Jul 2015 | Volume12.Issue27
ReportsWednesday, 29 Apr 2015 | Volume12.Issue17
ReportsFriday, 13 Mar 2015 | IFN Annual Guide 2015
FeaturesMonday, 02 Mar 2015 | IFN Awards Guide 2015
IFN AwardsTuesday, 18 Nov 2014 | Volume11.Issue46
Cover StoryWednesday, 24 Sep 2014 | Volume11.Issue38
AnalysesWednesday, 17 Sep 2014 | Volume11.Issue38
News BriefsTuesday, 16 Sep 2014 | Volume11.Issue37
News Briefs