Top Islamic finance transactions in 2022 bag IFN Deals of the Year awards; five shortlisted for IFN Overall Deal of the Year
Wednesday, 18 Jan 2023 | Volume20.Issue04
IFN ReportsMALAYSIA: RAM reaffirms ‘AA3’ and ‘A1’ ratings on MNRB Holdings’s senior and subordinated Sukuk respectively
SAUDI ARABIA: Moody’s assigns ‘A1’ ratings to GreenSaif Pipelines’s Sukuk certificates
NIGERIA: Nigeria distributes NGN130 billion (US$282.07 million) raised from sovereign Sukuk for road infrastructure works
BRUNEI: Brunei Darussalam Central Bank prices 109th issuance of Islamic treasury bills at BN$5 million (US$3.77 million) with profit rate of 2.9%
BANGLADESH: Bangladesh Bank auctions Islamic Banks Liquidity Facility receiving one bid worth BDT2 billion (US$18.41 million)
SAUDI ARABIA: Saudi Central Bank grants license to Cigna Worldwide Insurance Company, the first foreign insurance company branch in Saudi Arabia
SAUDI ARABIA: Saudi Investment Bank completes second tranche Sukuk offer worth SAR500 million (US$133.15 million)
UAE: SHUAA Capital to launch Islamic money market fund in second quarter of 2023; records 210% growth of ICC fund’s assets
UAE: Emirates Islamic partners with Plug and Play to find Islamic fintechs and start-ups to collaborate with
PAKISTAN: State Bank of Pakistan injects PKR186 billion (US$672.63 million) in Mudarabah-based open market operation liquidity
GLOBAL: Dubai-based Arzan Wealth provides advisory on Shariah compliant mezzanine financing for healthcare facility in the US
IRAN: Iranian central bank to start trial phase of digital Rial soon
GLOBAL: IsDB establishes IsDB Digital Inclusion Technical Working Group to support digital inclusion strategy
GLOBAL: AAOIFI focus group discusses challenges of accounting and financial reporting under hyperinflation
UAE: Fahim Al Sehhi resigns as CEO of Arab Insurance Company – SALAMA
SAUDI ARABIA: Value Capital Partners Company changes name to Artal Capital Company
MALAYSIA: Bank Negara Malaysia sells Islamic papers worth RM35 billion (US$8.21 billion)
BANGLADESH: Bangladesh Bank holds auction for government Sukuk
MALAYSIA: Pengurusan Air issues two Sukuk papers valued at RM1.51 billion (US$353.09 million) in total
OMAN: Central Bank of Oman grants approval for Sohar International Bank–HSBC Bank Oman merger
QATAR: Dukhan Bank shares to be listed on Qatar Stock Exchange on 21st February 2023
GLOBAL: IsDB extends EUR122.73 million (US$132.45 million) in funding to Cameroon–Chad electricity project
US: Entrex Carbon Market to soon announce Shariah investors
PAKISTAN: Ghani Chemical Industries’s PKR800 million (US$2.9 million) Sukuk facility receives ‘A’ rating
INDONESIA: Kabilah Wisata Internasional issues IDR1.5 billion (US$98,999.1) Sukuk facility
UK: NOMO Bank launches real estate finance product for customers in Middle East
ETHIOPIA: Plans underway to launch Ethiopia’s capital market; to include Shariah compliant products such as Sukuk, says The Reporter Ethiopia
MALAYSIA: Gamuda Land (T12) issues RM150 million (US$35.19 million) Sukuk Murabahah facility
MALAYSIA: DanaInfra Nasional issues a RM600 million (US$140.77 million) Sukuk Murabahah facility
INDONESIA: Cipta Daya Selaras issues IDR364.9 million (US$24,083.2) Sukuk through Shafiq Digital Indonesia’s platform
MALAYSIA: Emraz Travel & Tours expects 12,000 pilgrims to use AmBank Islamic’s Umrah financing this year, Bernama reports
SAUDI ARABIA: Al-Etihad Cooperative Insurance Co to provide coverage for Saudi National Bank
SAUDI ARABIA: Islamic crowdfunding platform Raqamyah secures license from Saudi Central Bank
SAUDI ARABIA: Saudi Capital Market Authority grants fintech experimental permit to Rakeez Capital
MALAYSIA: pitchIN raises funds from Malaysian Technology Development Corporation and Gobi Partners
MALAYSIA: Bank Islam Malaysia appoints Anthony Tai as group chief information security officer
UAE: Net asset value of ENBD REIT reach US$173 million in third quarter of 2022, reports TradeArabia
GLOBAL: Blockchain Takatech start-up Takadao signs MoU with MRHB Network
MALAYSIA: Elzar Shariah Solution grants Rural Capital with Shariah compliance certificate and Shariah pronouncement
US: Fursa Capital’s Islamic crowdfunding platform beta test goes live
BAHRAIN: Tamkeen signs partnership agreements with five insurance companies to train Bahrainis to become qualified actuaries
SAUDI ARABIA: Saudi Arabia’s King Salman appoints Ayman Muhammad Al-Sayyari as new governor of Saudi Central Bank
UAE: Dubai Islamic Bank to issue dollar-denominated sustainable Sukuk under US$7.5 billion issuance program, Reuters reports
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth up to RM33.3 billion (US$7.82 billion)
BANGLADESH: Bangladesh Bank auctions Islamic Banks Liquidity Facility receiving bids worth up to BDT40.65 billion (US$376.97 million)
PAKISTAN: Kistpay partners with Zindgi to offer financing options for smartphone purchases
MALAYSIA: Serba Dinamik Holdings and three subsidiaries apply for temporary stay of winding-up order by Malaysian High Court
SAUDI ARABIA: Saudi regulator approves Allianz Saudi Fransi Cooperative’s motor insurance products
MALAYSIA: RAM lifts rating watch on Besraya (M)’s RM700 million (US$164.5 million) Sukuk Mudarabah; upgrades to ‘AA2’
SAUDI ARABIA: Information technology firm Perfect Presentation for Commercial Services Co secures Islamic banking facility from GIB worth up to SAR50 milllion (US$13.31 million)
Wednesday, 18 Jan 2023 | Volume20.Issue04
IFN ReportsTuesday, 17 Jan 2023 | Volume20.Issue03
Cover StoryTuesday, 10 Jan 2023 | Volume20.Issue02
FeaturesWednesday, 14 Dec 2022 | Volume20.Issue01
News BriefsThursday, 01 Dec 2022 | Volume19.Issue49
IFN ReportsThursday, 24 Nov 2022 | Volume19.Issue48
News BriefsFriday, 18 Nov 2022 | Volume19.Issue47
IFN ReportsWednesday, 16 Nov 2022 | Volume19.Issue47
News BriefsMonday, 03 Oct 2022 | Volume19.Issue40
IFN ReportsFriday, 09 Sep 2022 | Volume19.Issue37
IFN ReportsWednesday, 07 Sep 2022 | Volume19.Issue37
MovesTuesday, 12 Jul 2022 | Volume19.Issue28
IFN AnalysisFriday, 08 Jul 2022 | Volume19.Issue28
News BriefsMonday, 04 Jul 2022 | Volume19.Issue27
News BriefsMonday, 16 May 2022 | Volume19.Issue20
ResultsThursday, 12 May 2022 | Volume19.Issue20
News BriefsFriday, 25 Mar 2022 | Volume19.Issue13
IFN Correspondent ReportsFriday, 18 Mar 2022 | Volume19.Issue12
News BriefsTuesday, 15 Mar 2022 | Volume19.Issue11
IFN ReportsMonday, 31 Jan 2022 | Volume19.Issue05
IFN AnalysisFriday, 28 Jan 2022 | Volume19.Issue05
News BriefsThursday, 13 Jan 2022 | IFN Annual Guide 2022
FeaturesTuesday, 07 Dec 2021 | Volume18.Issue49
IFN AnalysisMonday, 22 Nov 2021 | Volume18.Issue47
News BriefsThursday, 07 Oct 2021 | Volume18.Issue41
News BriefsTuesday, 05 Oct 2021 | Volume18.Issue40
IFN AnalysisMonday, 04 Oct 2021 | Volume18.Issue40
IFN ReportsTuesday, 13 Jul 2021 | Volume18.Issue28
IFN AnalysisFriday, 09 Jul 2021 | Volume18.Issue28
IFN ReportsWednesday, 07 Jul 2021 | Volume18.Issue28
IFN ReportsWednesday, 07 Jul 2021 | Volume18.Issue28
News BriefsTuesday, 06 Jul 2021 | Volume18.Issue27
News BriefsWednesday, 23 Jun 2021 | Volume18.Issue26
News BriefsThursday, 27 May 2021 | Volume18.Issue22
News BriefsMonday, 24 May 2021 | Volume18.Issue21
News BriefsWednesday, 12 May 2021 | Volume18.Issue20
ResultsWednesday, 07 Apr 2021 | Volume18.Issue15
News BriefsMonday, 05 Apr 2021 | Volume18.Issue14
News BriefsThursday, 18 Mar 2021 | Volume18.Issue12
News BriefsTuesday, 12 Jan 2021 | Volume18.Issue02
IFN AnalysisMonday, 11 Jan 2021 | Volume18.Issue02
News BriefsTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 08 Dec 2020 | Volume17.Issue49
IFN ReportsWednesday, 25 Nov 2020 | Volume17.Issue48
News BriefsMonday, 16 Nov 2020 | Volume17.Issue46
News BriefsMonday, 26 Oct 2020 | Volume17.Issue43
IFN Correspondent ReportsFriday, 23 Oct 2020 | Volume17.Issue43
IFN ReportsWednesday, 21 Oct 2020 | Volume17.Issue43
News BriefsFriday, 18 Sep 2020 | Volume17.Issue38
IFN ReportsTuesday, 15 Sep 2020 | Volume17.Issue37
News Briefs