IFN Deals of the Year 2022
Tuesday, 17 Jan 2023 | Volume20.Issue03
Cover StoryMALAYSIA: 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)
RUSSIA: Russia starts experimental pilot project implementing Islamic finance in Muslim-majority regions, Anadolu Agency reports
NIGERIA: Sterling Bank Group’s total assets reach NGN1.87 trillion (US$4.06 billion) in 2022
MALAYSIA: SkyWorld Capital proposes Islamic medium-term note/commercial paper programs worth RM300 million (US$70.3 million); receives ratings of ‘AIS(cg)/MARC-1IS(cg)’ respectively
PAKISTAN: Pakistani fintech Digitt Plus to offer Shariah compliant services under its soon-to-be launched super app; to commence pilot project
NIGERIA: Jaiz Bank’s total assets increase to NGN378 billion (US$819.93 million) in 2022
UAE: UAE Ministerial Development Council discusses policies and initiatives including Sukuk restructuring project, Gulf News reports
INDONESIA: Hassana Boga Sejahtera’s shares join regulator’s list of Shariah securities
SAUDI ARABIA: Saudi Real Estate Refinance Co to issue US dollar Sukuk worth up to US$500 million during first half of 2023, Reuters reports
UK: Gatehouse Bank launches online decision-in-principle facility for qualifying customers
INDONESIA: Otoritas Jasa Keuangan deems Aviana Sinar Abadi’s shares as Shariah compliant
KUWAIT: Kuwait International Bank board approves proposal to sell Al-Dajeej land to unidentified interested party
UAE: Central Bank of the UAE raises base rate of overnight deposit facility by 25bps
KUWAIT: Warba Bank appoints Ahmad Faisal Yousef Al Qatami as chief retail banking officer
GLOBAL: International Islamic Liquidity Management Corporation to auction US$920 million Sukuk in three tranches
QATAR: Masraf Al Rayan’s total assets decrease by 4% in 2022
KUWAIT: Boubyan Bank’s total consolidated assets increase to KWD7.9 billion (US$25.81 billion) in 2022
KUWAIT: Kuwait Finance House’s long-term IDR at ‘A’ with stable outlook, Fitch says
SAUDI ARABIA: Al Rajhi Bank records 16.31% year-on-year growth in annual net profit to SAR17.15 billion (US$4.57 billion) for 2022
MALAYSIA: RAM lifts rating watch on Besraya (M)’s RM700 million (US$164.5 million) Sukuk Mudarabah; upgrades to ‘AA2’
SAUDI ARABIA: Saudi Central Bank announces insurance sector’s adoption of International Financial Reporting Standards
GAMBIA: Central Bank of Gambia’s Sukuk Salam facilities oversubscribed
INDONESIA: CIMB Niaga Auto Finance conducts public offering for Sukuk Wakalah Bi Al Istithmar I worth IDR1 trillion (US$66.59 million)
BAHRAIN: Central Bank of Bahrain’s monthly short-term Sukuk Ijarah offering worth BHD26 million (US$68.54 million) oversubscribed
BANGLADESH: Bangladesh Bank auctions three-month Bangladesh Government Islami Investment Bond and liquidity facilities
INDONESIA: Indonesia’s Takaful sector faces long-term challenges amid growing market share, says Fitch Ratings
SAUDI ARABIA: Arabian Shield for Cooperative Insurance Co renews license with Council of Cooperative Health Insurance
KUWAIT: Fitch affirms Boubyan Bank’s long-term issuer default rating at ‘A’ with stable outlook
GLOBAL: IsDB Institute and Dubai’s Department of Economy and Tourism reaffirm technical partnership
SAUDI ARABIA: Saudi Investment Bank commences offering of second tranche of Tier 1 Sukuk
SAUDI ARABIA: Development Works Food opens SAR5 million (US$1.33 million) Sukuk offering to institutional and retail investors
Tuesday, 17 Jan 2023 | Volume20.Issue03
Cover StoryTuesday, 03 Jan 2023 | Volume20.Issue01
Case StudyFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesMonday, 14 Nov 2022 | Volume19.Issue46
News BriefsTuesday, 25 Oct 2022 | Volume19.Issue43
FeaturesMonday, 24 Oct 2022 | Volume19.Issue43
IFN Correspondent ReportsWednesday, 19 Oct 2022 | Volume19.Issue43
Takaful NewsTuesday, 23 Aug 2022 | Volume19.Issue34
Special ReportsTuesday, 07 Jun 2022 | Volume19.Issue23
Cover StoryFriday, 27 May 2022 | Volume19.Issue22
IFN Correspondent ReportsWednesday, 06 Apr 2022 | Volume19.Issue15
IFN Correspondent ReportsFriday, 04 Mar 2022 | Volume19.Issue10
Takaful NewsThursday, 13 Jan 2022 | Volume19.Issue03
DealsFriday, 26 Nov 2021 | Volume18.Issue48
IFN ReportsWednesday, 24 Nov 2021 | Volume18.Issue48
News BriefsMonday, 22 Nov 2021 | Volume18.Issue47
IFN ReportsThursday, 04 Nov 2021 | Volume18.Issue45
IFN Correspondent ReportsFriday, 29 Oct 2021 | Volume18.Issue44
IFN Correspondent ReportsFriday, 01 Oct 2021 | Volume18.Issue40
News BriefsFriday, 24 Sep 2021 | IFN Financial Innovation Report 2021
Cover StoryTuesday, 27 Jul 2021 | Volume18.Issue30
Special ReportsTuesday, 19 Jan 2021 | Awards Report 2020
Cover StoryWednesday, 13 Jan 2021 | Volume18.Issue03
News BriefsTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 15 Dec 2020 | Volume17.Issue50
Cover StoryTuesday, 15 Dec 2020 | Volume17.Issue50
News BriefsThursday, 10 Dec 2020 | Volume17.Issue50
IFN ReportsThursday, 03 Dec 2020 | Volume17.Issue49
Takaful NewsFriday, 02 Oct 2020 | Volume17.Issue40
Takaful NewsWednesday, 30 Sep 2020 | Volume17.Issue40
Takaful NewsWednesday, 30 Sep 2020 | Volume17.Issue40
IFN Correspondent ReportsTuesday, 08 Sep 2020 | Volume17.Issue36
FeaturesTuesday, 11 Aug 2020 | Volume17.Issue32
IFN AnalysisTuesday, 14 Jul 2020 | Volume17.Issue28
Case StudyTuesday, 30 Jun 2020 | Volume17.Issue26
FeaturesWednesday, 24 Jun 2020 | Volume17.Issue26
News BriefsTuesday, 26 May 2020 | Volume17.Issue21
Special ReportsMonday, 27 Apr 2020 | Volume17.Issue17
IFN ReportsFriday, 20 Mar 2020 | Volume17.Issue12
IFN ReportsMonday, 16 Mar 2020 | Volume17.Issue11
News BriefsTuesday, 03 Mar 2020 | Volume17.Issue09
IFN Correspondent ReportsTuesday, 04 Feb 2020 | Volume17.Issue05
IFN AnalysisMonday, 04 Nov 2019 | Kuwait 2019
IFN ReportsWednesday, 30 Oct 2019 | Volume16.Issue44
IFN Correspondent ReportsTuesday, 15 Oct 2019 | Volume16.Issue41
Cover StoryFriday, 04 Oct 2019 | Volume16.Issue40
IFN Correspondent ReportsThursday, 29 Aug 2019 | Volume16.Issue35
IFN Correspondent ReportsThursday, 11 Jul 2019 | Volume16.Issue28
IFN Correspondent ReportsWednesday, 10 Jul 2019 | Volume16.Issue28
IFN ReportsWednesday, 19 Jun 2019 | Volume16.Issue25
IFN Correspondent Reports