UAE at the forefront of Islamic finance innovation
Tuesday, 21 Mar 2023 | Volume20.Issue12
FeaturesTURKIYE: Agritech company Tarfin to issue Sukuk worth TRY70 million (US$3.05 million)
INDONESIA: Ananta Bangun Graha registers Sukuk worth IDR1.1 billion (US$73,933.9) on Indonesia Central Securities Depository
GLOBAL: CIMB Islamic confirms support as partner for IFN events in 2023
UK: BLOMINVEST BANK and partners launch Shariah compliant SAED Green UK Fund worth GBP300 million (US$373.13 million)
BANGLADESH: Pubali Bank re-elects Monzurur Rahman as chairman of board of directors
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM37 billion (US$8.04 billion) in total
BANGLADESH: Five banks secure Bangladesh Bank’s Islamic Banks Liquidity Facility
UAE: GFH Financial Group increases total holding of own treasury shares to 9.77% of total issued shares
MALAYSIA: Bursa Malaysia RAM Capital receives approval-in-principle from Securities Commission Malaysia to manage and operate debt fundraising platform
UK: Shariah compliant bridge property finance provider Offa appoints head of operations and head of compliance
PAKISTAN: Meezan Bank partners with Fauree to develop Islamic supply chain financing platform
MALAYSIA: Pengurusan Air SPV issues Islamic medium-term notes worth RM1.81 billion (US$393.04 million) in total
INDONESIA: Indonesian government’s auction of Islamic papers receives total bids of IDR60.04 trillion (US$4.04 billion)
SAUDI ARABIA: Capital Market Authority approves Al-Rajhi Company for Cooperative Insurance’s capital increase
OMAN: Central Bank of Oman allows new activities for finance and leasing companies and relaxes conditions for existing activities
UAE: Dubai Islamic Bank partners with IBM Consulting to accelerate data transformation journey
UAE: Aafaq Islamic Finance partners with Mastercard for credit, prepaid and commercial SME offerings
GLOBAL: IsDB Group and subsidiaries renew long-standing partnership with IFN as multilateral strategic partner for 2023
SAUDI ARABIA: Zahrat Al-Waha Trading Company renews Islamic financing and banking services agreement with Saudi National Bank worth SAR60 million (US$15.99 million)
UAE: Central Bank of the UAE meets with CEOs of UAE banks to discuss future initiatives for banking sector with focus on advancing green finance
MALAYSIA: Hong Leong Islamic Bank appoints Dafinah Ahmed Hilmi as CEO
GAMBIA: Central Bank of The Gambia completes auction of three-month, six-month and one-year Sukuk Salam facilities
BAHRAIN: Central Bank of Bahrain’s BHD26 million (US$68.54 million) Sukuk Ijarah oversubscribed
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM32.8 billion (US$7.12 billion) in total
PAKISTAN: Securities and Exchange Commission of Pakistan grants no-objection certificates to four voluntary pension fund schemes
MALAYSIA: Securities Commission Malaysia and Bursa Malaysia roll out new mandatory onboarding program on sustainability for directors
SAUDI ARABIA: Capital Market Authority approves public offer of Eastern Region Associations Endowment Fund by Al Rajhi Capital
KUWAIT: Capital Market Authority approves Kuwait Projects Company’s international Sukuk program with value not exceeding US$2 billion
BANGLADESH: Bangladesh Bank holds auction for government Sukuk
UAE: Dubai International Financial Centre partners with Dubai Islamic Bank for AccelerateHER program to empower women financial services professionals
SAUDI ARABIA: Ejada Capital Company secures license to conduct managing investments and operating funds and arranging activities in securities business
SAUDI ARABIA: Al Rajhi REIT Fund completes cash subscription process to increase total value of fund’s assets
BAHRAIN: Fitch affirms GFH Financial Group at ‘B’ with stable outlook
UK: Islamic Finance Advisory certifies online Islamic inheritance planning platform Waseeya as Shariah compliant
OMAN: Bank Nizwa appoints Azzan Al Saleh as new assistant general manager of SME division
INDONESIA: Indonesian government aims to raise IDR9 trillion (US$604.99 million) through auction of six Sukuk series today
IRAN: Securities and Exchange Organization of Iran approves general structure of supplementary pension investment funds, reports Ilna
UAE: National Bonds Corporation acquires additional 5% stake in Taaleem Holdings Group; solidifies position as largest shareholder with 22% stake
MALAYSIA: Hong Leong Financial Group’s total income from Islamic banking and Takaful businesses increases 12.6% for period ended 31st March 2023
GLOBAL: UAE’s Securities and Commodities Authority signs MoU with Astana Financial Services Authority to establish framework for securities sectors
GLOBAL: HAQQ Network signs partnership with SUSHI as initial decentralized exchange for HAQQ and Islamic Coin users
TANZANIA: UNDP Sustainable Finance Hub opens discussion on sustainable bond and Sukuk issuance in Zanzibar
MALAYSIA: RAM affirms Midciti Sukuk’s Sukuk Murabahah program at ‘AAA/Stable’
GLOBAL: IsDB participates in 17th Ministerial Roundtable of the Horn of Africa Initiative as observer
BAHRAIN: Ithmaar Holding’s shareholders approve injection of Tier 1 capital worth US$200 million
PHILIPPINES: Philippine Department of Finance to sell 137 properties in 2023, including Al-Amanah Islamic Investment Bank’s lots in Davao City
UAE: Dubai Islamic Bank launches fully-fledged digital umbrella brand DIB ‘alt’
BRUNEI: Brunei Darussalam Central Bank prices 124th issuance of Islamic treasury bills worth BN$10 million (US$7.41 million)
OMAN: Oman Telecommunications Company establishes sustainable finance framework to access green bonds or Sukuk, among others
SAUDI ARABIA: Bidaya Home Finance Company changes name to Bidaya Finance Company as part of expansion
Tuesday, 21 Mar 2023 | Volume20.Issue12
FeaturesTuesday, 10 Jan 2023 | Volume20.Issue02
DealsFriday, 07 Oct 2022 | Volume19.Issue41
DealsWednesday, 05 Oct 2022 | Volume19.Issue41
DealsWednesday, 05 Oct 2022 | Volume19.Issue41
DealsTuesday, 04 Oct 2022 | Volume19.Issue40
DealsTuesday, 04 Oct 2022 | Volume19.Issue40
DealsFriday, 23 Sep 2022 | Volume19.Issue39
DealsThursday, 22 Sep 2022 | Volume19.Issue39
DealsMonday, 19 Sep 2022 | Volume19.Issue38
DealsMonday, 19 Sep 2022 | Volume19.Issue38
DealsThursday, 15 Sep 2022 | Volume19.Issue38
DealsMonday, 12 Sep 2022 | Volume19.Issue37
DealsFriday, 09 Sep 2022 | Volume19.Issue37
DealsMonday, 05 Sep 2022 | Volume19.Issue36
DealsMonday, 05 Sep 2022 | Volume19.Issue36
DealsThursday, 01 Sep 2022 | Volume19.Issue36
DealsFriday, 26 Aug 2022 | Volume19.Issue35
DealsTuesday, 23 Aug 2022 | Volume19.Issue34
DealsTuesday, 23 Aug 2022 | Volume19.Issue34
DealsMonday, 22 Aug 2022 | Volume19.Issue34
DealsThursday, 18 Aug 2022 | Volume19.Issue34
DealsWednesday, 17 Aug 2022 | Volume19.Issue34
DealsWednesday, 17 Aug 2022 | Volume19.Issue34
DealsWednesday, 17 Aug 2022 | Volume19.Issue34
DealsMonday, 15 Aug 2022 | Volume19.Issue33
DealsMonday, 08 Aug 2022 | Volume19.Issue32
DealsMonday, 08 Aug 2022 | Volume19.Issue32
DealsThursday, 04 Aug 2022 | Volume19.Issue32
DealsTuesday, 02 Aug 2022 | Volume19.Issue31
Cover StoryTuesday, 26 Jul 2022 | Volume19.Issue30
DealsFriday, 22 Jul 2022 | Volume19.Issue30
DealsFriday, 22 Jul 2022 | Volume19.Issue30
DealsMonday, 18 Jul 2022 | Volume19.Issue29
DealsThursday, 07 Jul 2022 | Volume19.Issue28
DealsTuesday, 05 Jul 2022 | Volume19.Issue27
DealsWednesday, 29 Jun 2022 | Awards Report 2021
ChapterFriday, 24 Jun 2022 | Volume19.Issue26
News BriefsThursday, 23 Jun 2022 | Volume19.Issue26
DealsFriday, 17 Jun 2022 | Volume19.Issue25
DealsMonday, 13 Jun 2022 | Volume19.Issue24
DealsFriday, 10 Jun 2022 | Volume19.Issue24
DealsTuesday, 07 Jun 2022 | Volume19.Issue23
DealsFriday, 03 Jun 2022 | Volume19.Issue23
DealsWednesday, 01 Jun 2022 | Volume19.Issue23
DealsTuesday, 24 May 2022 | Volume19.Issue21
DealsTuesday, 17 May 2022 | Volume19.Issue20
DealsTuesday, 17 May 2022 | Volume19.Issue20
DealsFriday, 13 May 2022 | Volume19.Issue20
DealsFriday, 06 May 2022 | Volume19.Issue19
Deals