IFN Weekly Market Round-up: 22nd-28th February 2020
Friday, 28 Feb 2020 | Volume17.Issue09
ReportsOMAN: Bank Nizwa to donate OMR100,000 (US$259,015) to support families affected by recent adverse climate conditions
UAE: Al Ansari Exchange receives Payment Card Industry Data Security Standard validation for 2024
GLOBAL: International Islamic Financial Market and Participation Banks Association of Turkiye release Turkish versions of six standards
MALAYSIA: Moody’s expects nonperforming ratio of Malaysian Islamic banks’ retail financing to continue edging up over next 12 to 18 months
UAE: Fadhel Al Ali leaves his position as SHUAA Capital’s chairman
SAUDI ARABIA: National Debt Management Center of Saudi Arabia closes April 2024 issuance with total amount allocated of SAR7.4 billion (US$1.97 billion),
MALAYSIA: Midciti Sukuk prints Islamic medium-term note worth RM455 million (US$95.19 million)
TURKIYE: Kuveyt Turk Katilim Bankasi sells Sukuk worth TRY500 million (US$15.36 million)
INDONESIA: Indonesian government raises IDR5.93 trillion (US$365.86 million) through additional sovereign Shariah securities auction
TURKIYE: Turkiye Real Estate Bank sells Islamic paper worth TRY300 million (US$9.21 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM14.64 billion (US$3.06 billion)
SAUDI ARABIA: Thimar Development Holding Company establishes Thimar Towers Development and Real Estate Investment Company
SAUDI ARABIA: Malaz Capital receives authorization to conduct activities in securities business
INDONESIA: Mitra Perkasa registers Sukuk worth IDR2 billion (US$123,451) on Indonesia Central Securities Depository
GLOBAL: Participation Banks Association of Turkiye and Bahrain Institute of Banking and Finance hold training program for banks
MALAYSIA: Wahed to launch crowdfunding platform in Malaysia in May 2024
GLOBAL: Millennial and Gen Z Muslims in Southeast Asia embrace Islamic banking, says study by Mambu
UK: Shariah compliant investment platform Mnaara launches in UK
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM17.21 billion (US$3.6 billion) in total
GAMBIA: Central Bank of The Gambia floats Sukuk Salam worth GMD50 million (US$735,295) in total
INDONESIA: Indonesian government raises IDR5.08 trillion (US$313.26 million) through auction of sovereign Shariah securities series
MALAYSIA: Sunway Treasury issues Islamic commercial paper worth RM25 million (US$5.23 million)
UAE: Sukoon Insurance appoints Mohamed Salah Abdel Hamid Abdel Razek as new board member
MALAYSIA: Securities Commission Malaysia holds Varsity Hackathon for university students
MALAYSIA: Principal Malaysia launches Principal Global Dynamic Income Fund
AUSTRALIA: Crescent Wealth rebrands to Salaam
SAUDI ARABIA: Nayifat appoints Fahad Ibrahim Al-Mufarrej as CEO
UAE: 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)
Friday, 28 Feb 2020 | Volume17.Issue09
ReportsTuesday, 25 Feb 2020 | Volume17.Issue08
ReportsTuesday, 25 Feb 2020 | Volume17.Issue08
DealsMonday, 24 Feb 2020 | Volume17.Issue08
News BriefsFriday, 21 Feb 2020 | Volume17.Issue08
DealsFriday, 21 Feb 2020 | Volume17.Issue08
DealsFriday, 21 Feb 2020 | Volume17.Issue08
Correspondent ReportsThursday, 20 Feb 2020 | Volume17.Issue08
News BriefsThursday, 20 Feb 2020 | Volume17.Issue08
DealsWednesday, 19 Feb 2020 | Volume17.Issue08
DealsWednesday, 19 Feb 2020 | Volume17.Issue08
DealsMonday, 17 Feb 2020 | Volume17.Issue07
ReportsWednesday, 12 Feb 2020 | Volume17.Issue07
DealsWednesday, 12 Feb 2020 | Volume17.Issue07
DealsFriday, 07 Feb 2020 | Volume17.Issue06
ReportsThursday, 06 Feb 2020 | Volume17.Issue06
DealsTuesday, 04 Feb 2020 | Volume17.Issue05
Cover StoryTuesday, 04 Feb 2020 | Volume17.Issue05
AnalysesThursday, 23 Jan 2020 | Volume17.Issue04
News BriefsWednesday, 15 Jan 2020 | Volume17.Issue03
DealsTuesday, 14 Jan 2020 | Volume17.Issue02
Cover StoryTuesday, 14 Jan 2020 | Volume17.Issue02
Case StudiesWednesday, 08 Jan 2020 | Volume17.Issue02
ReportsWednesday, 08 Jan 2020 | Volume17.Issue02
DealsTuesday, 07 Jan 2020 | Volume17.Issue01
Cover StoryTuesday, 07 Jan 2020 | Volume17.Issue01
AnalysesFriday, 20 Dec 2019 | Volume17.Issue01
MovesWednesday, 18 Dec 2019 | IFNC Volume4.Issue11
ReportsTuesday, 17 Dec 2019 | Volume16.Issue50
Cover StoryTuesday, 17 Dec 2019 | The Green & Sustainable Finance report
Case StudiesMonday, 09 Dec 2019 | Volume16.Issue49
Case StudiesTuesday, 03 Dec 2019 | Volume16.Issue48
ColumnsMonday, 02 Dec 2019 | Volume16.Issue48
Case StudiesFriday, 22 Nov 2019 | Volume16.Issue47
ReportsThursday, 21 Nov 2019 | Volume16.Issue47
News BriefsThursday, 21 Nov 2019 | Volume16.Issue47
DealsWednesday, 20 Nov 2019 | Volume16.Issue47
DealsTuesday, 19 Nov 2019 | Volume16.Issue46
Cover StoryFriday, 15 Nov 2019 | Volume16.Issue46
Correspondent ReportsTuesday, 12 Nov 2019 | Volume16.Issue45
TakafulMonday, 11 Nov 2019 | Volume16.Issue45
DealsFriday, 08 Nov 2019 | Volume16.Issue45
DealsMonday, 04 Nov 2019 | Kuwait 2019
ReportsFriday, 01 Nov 2019 | Volume16.Issue44
TakafulThursday, 31 Oct 2019 | IFNC Volume4.Issue9
News BriefsThursday, 31 Oct 2019 | IFNC Volume4.Issue9
News BriefsThursday, 31 Oct 2019 | IFNC Volume4.Issue9
News BriefsTuesday, 22 Oct 2019 | Volume16.Issue42
DealsThursday, 17 Oct 2019 | Volume16.Issue42
DealsThursday, 17 Oct 2019 | Volume16.Issue42
Deals