IFN Weekly Round-up: 30th March – 5th April 2024
Friday, 05 Apr 2024 | Volume21.Issue15
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, 05 Apr 2024 | Volume21.Issue15
ReportsFriday, 09 Feb 2024 | Volume21.Issue07
DealsTuesday, 23 Jan 2024 | Volume21.Issue04
Cover StoryTuesday, 02 Jan 2024 | Volume21.Issue01
AnalysesWednesday, 22 Nov 2023 | Volume20.Issue48
ReportsTuesday, 21 Nov 2023 | Volume20.Issue47
Cover StoryFriday, 18 Aug 2023 | Volume20.Issue34
ReportsFriday, 14 Jul 2023 | Volume20.Issue29
ReportsMonday, 03 Jul 2023 | Volume20.Issue27
DealsFriday, 30 Jun 2023 | Volume20.Issue27
ReportsMonday, 12 Jun 2023 | Volume20.Issue24
Correspondent ReportsMonday, 15 May 2023 | Volume20.Issue20
DealsFriday, 05 May 2023 | Volume20.Issue19
Daily Cover StoriesTuesday, 28 Feb 2023 | Volume20.Issue09
DealsTuesday, 28 Feb 2023 | Volume20.Issue09
Correspondent ReportsTuesday, 03 Jan 2023 | Volume20.Issue01
AnalysesWednesday, 16 Nov 2022 | Volume19.Issue47
ReportsTuesday, 15 Nov 2022 | Volume19.Issue46
Cover StoryThursday, 11 Aug 2022 | Volume19.Issue33
Correspondent ReportsMonday, 30 May 2022 | Volume19.Issue22
Asset ManagementThursday, 21 Apr 2022 | Volume19.Issue17
News BriefsWednesday, 13 Apr 2022 | Volume19.Issue16
DealsThursday, 07 Apr 2022 | Volume19.Issue15
ReportsThursday, 27 Jan 2022 | Volume19.Issue05
News BriefsTuesday, 25 Jan 2022 | Volume19.Issue04
Ratings UpdatesTuesday, 25 Jan 2022 | Volume19.Issue04
DealsThursday, 20 Jan 2022 | Volume19.Issue04
Correspondent ReportsTuesday, 04 Jan 2022 | Volume19.Issue01
AnalysesWednesday, 17 Nov 2021 | Volume18.Issue47
ReportsTuesday, 16 Nov 2021 | Awards Report 2021
Cover StoryTuesday, 16 Nov 2021 | Volume18.Issue46
News BriefsMonday, 18 Oct 2021 | Volume18.Issue42
DealsFriday, 08 Oct 2021 | Volume18.Issue41
News BriefsTuesday, 05 Oct 2021 | Volume18.Issue40
AnalysesFriday, 24 Sep 2021 | Volume18.Issue39
ReportsWednesday, 04 Aug 2021 | Volume18.Issue32
Correspondent ReportsTuesday, 27 Jul 2021 | Volume18.Issue30
Ratings UpdatesThursday, 08 Jul 2021 | Awards Report 2020
ChapterTuesday, 06 Jul 2021 | Volume18.Issue27
Correspondent ReportsMonday, 14 Jun 2021 | Volume18.Issue24
ReportsTuesday, 08 Jun 2021 | Volume18.Issue23
TakafulTuesday, 20 Apr 2021 | Volume18.Issue16
FeaturesMonday, 12 Apr 2021 | Volume18.Issue15
DealsTuesday, 09 Feb 2021 | Volume18.Issue06
News BriefsTuesday, 02 Feb 2021 | Volume18.Issue05
AnalysesTuesday, 05 Jan 2021 | IFN Roadshow OnAir Report 2021
AnalysesFriday, 27 Nov 2020 | Volume17.Issue48
DealsWednesday, 11 Nov 2020 | Volume17.Issue46
Daily Cover StoriesTuesday, 10 Nov 2020 | Volume17.Issue45
AnalysesTuesday, 10 Nov 2020 | Awards Report 2020
Cover Story