Major retail purchase for UK Islamic bank
Thursday, 15 Sep 2016 | IFNC Volume1.Issue9
News BriefsGLOBAL: MAQ Legal confirms support as partner for IFN Oman Forum 2024
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities valued at KWD240 million (US$778.22 million)
GAMBIA: Central Bank of The Gambia’s Sukuk Salam auction receives GMD38.87 million (US$571,618) in total subscriptions
MALAYSIA: Securities Commission Malaysia issues cease and desist directive against Quantum Metal Exchange
UAE: UAE government’s Islamic treasury Sukuk auction receives total bids of AED7.83 billion (US$2.13 billion)
UAE: Mubadala starts selling benchmark-sized US dollar-denominated Sukuk, Reuters reports
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM20.39 billion (US$4.32 billion) in total
UK: Islamic car finance platform Ayan Capital launches in the UK
GLOBAL: AAOIFI issues Arabic version of Financial Accounting Standard 32 ‘Ijarah’
SAUDI ARABIA: Khaled Gama becomes Saudi Enaya’s chairman of board of directors
OMAN: Al Madina Takaful appoints Dr Mohammed Ali AL Barwani as board chairman
SAUDI ARABIA: Munir Butros Muasher resigns as vice-chairman of Arabia Insurance Cooperative Company’s board of directors
ETHIOPIA: Coopbank launches Islamic banking app CooApp Alhuda
UAE: Dubai Islamic Bank and healthcare group NMC sign out-of-court settlement on all litigation
OMAN: Dentons confirms support for IFN Oman Forum 2024
MALAYSIA: Securities Commission Malaysia to launch Social Exchange by end-2024
TURKIYE: Vakif Katilim issues Islamic facility worth TRY500 million (US$15.55 million)
MALAYSIA: Sunway Treasury Sukuk auctions Islamic facility worth RM75 million (US$15.82 million)
MALAYSIA: Sunway South Quay prints Sukuk worth RM100 million (US$21.1 million)
MALAYSIA: Perbadanan Kemajuan Negeri Selangor issues Sukuk worth RM145 million (US$30.59 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM18.48 billion (US$3.91 billion) in total
TURKIYE: AKLease sells Sukuk worth TRY150 million (US$4.67 million)
PAKISTAN: Airlink raises PKR3 billion (US$10.77 million) through Sukuk issuance
MALAYSIA: MyETF changes names of three of its Islamic ETFs
MALAYSIA: Malacca Securities integrates trading app M+ Online with trading platform M+ Global
TURKIYE: Ziraat Katilim Bankasi auctions lease certificate worth TRY2 billion (US$62.31 million)
TURKIYE: Turkiye Emlak Katilim Bankasi sells lease certificate worth TRY200 million (US$6.23 million)
SAUDI ARABIA: IsDB Group Private Sector Forum to be held from 27th to 30th April 2024
UAE: Aldar Properties mulls green Sukuk issuance this year, potentially worth US$500 million, The National reports
MALAYSIA: Malaysian National Reinsurance issues subordinated Sukuk Murabahah worth RM420 million (US$88.61 million)
BAHRAIN: Al Salam Bank receives approval at general assembly to issue Sukuk not exceeding BHD230 million (US$606.89 million)
PAKISTAN: Standard Chartered Pakistan prepares to become fully Shariah compliant bank, ProPakistani reports
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM17.79 billion (US$3.75 billion)
BANGLADESH: Bangladesh Bank’s auction of BGIIBs receives total bids of BDT6.03 billion (US$54.37 million)
PAKISTAN: IsDB and Pakistan sign financing agreements worth EUR188.7 million (US$203.92 million) for Sindh flood housing project
BAHRAIN: Flooss becomes fully Shariah compliant
UAE: Waha Capital appoints James Finucane as CFO
UAE: Amanat Holdings appoints John Ireland as CEO
MALAYSIA: Sunway Treasury sells Islamic commercial paper worth RM75 million (US$15.91 million)
PAKISTAN: Pakistan Stock Exchange to hold fifth auction of government’s Sukuk Ijarah on 28th March 2024
SAUDI ARABIA: Franklin Templeton launches operations in Saudi Arabia
UK: Nomo partners with MagiClick to launch new website for lending proposition via UK mortgage intermediaries, IFA Magazine reports
SAUDI ARABIA: Saudi Re appoints Ahmed Ali Al-Jabr as acting CEO
MALAYSIA: CIMB Securities appoints Stephen Hagger as independent chairperson of board of directors
UAE: Ajman Bank appoints Ediz Ozsoy as group CFO
MALAYSIA: Sedania As Salam Capital confirms support for IFN Asia Forum 2024 as partner
INDONESIA: Indonesian government launches Regional Committee for Islamic Economy and Finance of Southeast Sulawesi province
BANGLADESH: Bangladesh Bank’s Islamic Banks Liquidity Facility receives bids amounting to BDT5 billion (US$45.08 million)
UAE: Tabreed’s board of directors receives authorization to issue Sukuk and bonds with total value of up to US$1 billion
MALAYSIA: IJM Treasury Management sells Sukuk worth RM400 million (US$84.36 million) in total
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Thursday, 15 Sep 2016 | IFNC Volume1.Issue9
News Briefs