IFN Weekly market roundup: 4th – 10th August 2018
Friday, 10 Aug 2018 | Volume15.Issue33
IFN ReportsUAE: National Takaful Company secures ISO 10004:2018 certification for monitoring and measuring customer satisfaction
SAUDI ARABIA: Significant boost in IsDB’s paid-in capital will reverse recent climb in leverage, says Moody’s
UAE: Central Bank of UAE conducts cyberattack simulation on banking sector to boost resilience
KUWAIT: Central Bank of Kuwait allows banks to distribute cash dividends
GLOBAL: Islamic research centers in Saudi Arabia and Uzbekistan to collaborate on education and research
GLOBAL: Muscat Clearing and Depository welcomes First Abu Dhabi Bank as direct custodian member in Oman
GLOBAL: Codebase Technologies collaborates with BankBI to further augment digital banking solutions
TURKEY: Turkey’s central bank maintains policy rate at 17%
MALAYSIA: CapBay raises US$20 million in Series A funding round
PAKISTAN: Pakistani government signs agreements with independent power producers to pay PKR450 billion (US$2.8 billion) using cash and Sukuk for power projects
SRI LANKA: Seylan Bank appoints Ramesh Jayasekara as new COO
BAHRAIN: Al Salam Bank Bahrain appoints Don Hemantha Pradeep Kumara Wijesinghe as new chief technology officer
INDONESIA: Minister of State-Owned Enterprises Erick Thohir joins Syariah Economic Community as general chairperson
TURKEY: Vakif Katilim Bankasi makes return payments to holders of 91-day lease certificates
PAKISTAN: Pakistan to place 750 acres of Fatima Jinnah Park in Islamabad as guarantee for Sukuk; targets up to US$1 billion in upcoming issuance
MALAYSIA: Danga Capital places two Musharakah-based Islamic medium-term notes
MALAYSIA: Bank Negara Malaysia issues two Islamic liquidity management tools
TURKEY: Albaraka Turk Katilim Bankasi prints TRY140 million (US$18.84 million) lease certificates
EGYPT: Dr Islam Abdel Azim Azzam joins Financial Regulatory Authority of Egypt as board vice-chairman
SAUDI ARABIA: Dr Abdulrahman Ibrahim Al Humid, Bank Albilad’s board chairman, passes away
SINGAPORE: Sabana REIT records gross revenue decline by 5.5% to SG$37.4 million (US$28.29 million) for second half of 2020
MALAYSIA: Securities Commission Malaysia expands Green SRI Sukuk Grant Scheme to encourage sustainable investments
INDONESIA: Insurance provider Generali launches Akuberbagi.com platform for Waqf
BAHRAIN: Nael AlKujok joins GFH Financial Group as co-chief investment officer
SAUDI ARABIA: Bank Aljazira receives regulatory approval to appoint Naif Abdulkarim Al Abdulkareem as board member
SAUDI ARABIA: Bahri subsidiary National Chemical Carriers obtains SAR1.23 billion (US$327.73 million) Murabahah financing to finance chemical tankers
UK: Gatehouse Bank relaunches finance products for Houses in Multiple Occupation driven by significant demand and positive market outlook
MALAYSIA: FWD Takaful welcomes Adil Ahmad as chairman of board of directors
SAUDI ARABIA: Saudi Indian Company for Cooperative Insurance appoints Abdulwahab Ahmed Abed as head of audit committee
UAE: Dubai Financial Services Authority delists Dubai Islamic Bank’s US$1 billion lease certificates following full redemption
INDONESIA: Ministry of Public Works and Public Housing allocates IDR14.76 trillion (US$1.05 billion) in funds from State Shariah Securities for infrastructure development
MALAYSIA: Perbadanan Insurans Deposit Malaysia enhances Takaful and Insurance Benefits Protection Systems to boost consumer protection
KUWAIT: Capital Markets Authority renews licenses of two Shariah audit firms for three years
BANGLADESH: International Islamic Trade Finance Corporation to extend Murabahah facility to Eastern Bank in support of SMEs
BRUNEI: Autoriti Monetari Brunei Darussalam prices 12th issuance of AMBD Islamic Bills at BN$30 million (US$22.67 million) with a profit rate of 0.08%
MALAYSIA: Bank Negara Malaysia issues two Islamic papers totaling RM21.41 billion (US$5.31 billion)
QATAR: Alkhaleej Takaful Insurance opens board membership nominations
IRAN: Iranian insurers to launch human resources-related products as part of drive for new instruments
SAUDI ARABIA: IsDB Group plans new project to boost dates sector production chain to increase exports and employment
GLOBAL: Lebanon’s Bank Audi signs agreement with First Abu Dhabi Bank for latter’s 100% share capital acquisition in former’s Egyptian subsidiary unit
INDONESIA: President Joko Widodo to inaugurate cash Waqf movement in Indonesia
OMAN: Oman Arab Bank appoints Yasir Aqil Mohammed Badri as independent board member
UAE: Sharjah Islamic Bank records AED405.83 million (US$110.47 million) net profit for year 2020
MALAYSIA: Axis REIT reports lower net profit amid higher revenue in 2020
UK: [email protected] Capital secures official Shariah approval for Inventory Monetisation Platform
INDONESIA: Otoritas Jasa Keuangan proposes to make Shariah spin-off requirement voluntary instead of mandatory
MALAYSIA: Bank Negara Malaysia maintains overnight policy rate at 1.75% as global economy continues to recover
TURKEY: Albaraka Turk Katilim Bankasi sells TRY150 million (US$20.15 million) in lease certificates
IRAN: Iranian Ministry of Economic Affairs and Finance concludes 34th bond auction
SAUDI ARABIA: National Commercial Bank begins IPO for additional Tier 1 US dollar-denominated Sukuk facility
Friday, 10 Aug 2018 | Volume15.Issue33
IFN ReportsTuesday, 07 Aug 2018 | Volume15.Issue32
News BriefsFriday, 13 Jul 2018 | Volume15.Issue29
IFN ReportsMonday, 09 Jul 2018 | Volume15.Issue28
News BriefsWednesday, 04 Jul 2018 | Volume15.Issue28
News BriefsTuesday, 03 Jul 2018 | Volume15.Issue27
IFN Correspondent ReportsThursday, 28 Jun 2018 | Volume15.Issue27
News BriefsMonday, 11 Jun 2018 | Volume15.Issue24
IFN Correspondent ReportsTuesday, 26 Dec 2017 | IFN Annual Guide 2018
FeaturesFriday, 22 Dec 2017 | IFN Annual Guide 2018
FeaturesWednesday, 29 Nov 2017 | Volume14.Issue49
IFN Correspondent ReportsMonday, 23 Oct 2017 | Volume14.Issue43
News BriefsTuesday, 03 Oct 2017 | Volume14.Issue40
IFN Correspondent ReportsTuesday, 12 Sep 2017 | Volume14.Issue37
IFN Correspondent ReportsWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsTuesday, 28 Feb 2017 | Volume14.Issue09
FeaturesTuesday, 07 Feb 2017 | Volume14.Issue06
IFN AnalysisFriday, 03 Feb 2017 | Volume14.Issue06
IFN ReportsThursday, 02 Feb 2017 | Volume14.Issue06
News BriefsWednesday, 11 Jan 2017 | Volume14.Issue02
IFN ReportsFriday, 06 Jan 2017 | Volume14.Issue02
IFN Correspondent ReportsFriday, 16 Dec 2016 | IFN Annual Guide 2017
IFN ReportsFriday, 16 Dec 2016 | IFN Annual Guide 2017
IFN ReportsWednesday, 30 Nov 2016 | Volume13.Issue48
Special ReportsTuesday, 18 Oct 2016 | Volume13.Issue42
Cover StoryWednesday, 14 Sep 2016 | Volume13.Issue37
Special ReportsWednesday, 10 Aug 2016 | Volume13.Issue32
FeaturesThursday, 14 Jul 2016 | Volume13.Issue29
News BriefsWednesday, 22 Jun 2016 | Volume13.Issue25
IFN AnalysisWednesday, 22 Jun 2016 | Volume13.Issue25
FeaturesThursday, 02 Jun 2016 | Volume13.Issue23
News BriefsFriday, 20 May 2016 | Volume13.Issue21
News BriefsMonday, 16 May 2016 | Volume13.Issue20
News BriefsSaturday, 16 Apr 2016 | IFNC Volume1.Issue04
IFN ReportsFriday, 15 Apr 2016 | Volume13.Issue16
IFN ReportsTuesday, 12 Apr 2016 | Volume13.Issue15
MovesThursday, 31 Mar 2016 | Special Awards Report 2016
FeaturesThursday, 11 Feb 2016 | Volume13.Issue06
IFN ReportsWednesday, 10 Feb 2016 | Volume13.Issue06
IFN ReportsWednesday, 09 Dec 2015 | IFN Guide 2016
IFN ReportsWednesday, 11 Nov 2015 | Volume12.Issue45
IFN AnalysisWednesday, 28 Oct 2015 | Volume12.Issue43
IFN ReportsTuesday, 27 Oct 2015 | Volume12.Issue43
IFN ReportsMonday, 26 Oct 2015 | Volume12.Issue43
News BriefsWednesday, 07 Oct 2015 | Volume12.Issue40
Cover StoryWednesday, 07 Oct 2015 | Volume12.Issue40
Special ReportsFriday, 04 Sep 2015 | Volume12.Issue36
News BriefsWednesday, 02 Sep 2015 | Volume12.Issue36
News BriefsWednesday, 29 Jul 2015 | Volume12.Issue30
Cover StoryWednesday, 08 Jul 2015 | Volume12.Issue27
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