Has participation banking in Turkey reached tipping point?
Tuesday, 09 Mar 2021 | Volume18.Issue10
Cover StoryMALAYSIA: Bank Islam and Selangor State Development Corporation sign MoU to offer Islamic home financing facilities, Bernama reports
BAHRAIN: Al Baraka Group announces resignation of Mohammed Abdulla Elqaq as senior vice-president–head of commercial banking
INDONESIA: Indonesian government to offer retail Sukuk series SR017; to auction state Shariah securities worth IDR9 trillion (US$609.46 million)
NIGERIA: Jaiz Bank’s board of directors receives approval from shareholders to raise NGN150 billion (US$357.24 million) via Sukuk
TURKIYE: Turkish milling company Eksun Gida raises TRY200 million (US$11.13 million) in sophomore Sukuk issuance
PAKISTAN: State Bank of Pakistan details minimum features for Roshan Digital Account mobile applications to be developed by banks
BANGLADESH: First Security Islami Bank signs remittance drawing arrangement agreement with SHIFT Financial Services
UAE: Abesh Chatterjee resigns as head of risk management at GFH Financial Group
MALAYSIA: Bank Negara Malaysia prints Islamic money market facilities worth a total of RM22.17 billion (US$4.96 billion)
IRAQ: Al-Ataa Islamic Bank selects ICS Financial Systems’s Shariah compliant software solution
UK: Gatehouse Bank temporarily pauses home financing products citing “unprecedented level of demand”, Financial Times reports
MALAYSIA: Sunway Treasury Sukuk issues RM50 million (US$11.19 million) one-month Islamic commercial paper
MALAYSIA: Maxis Broadband issues two Islamic medium-term notes worth RM400 million (US$89.54 million) combined
MALAYSIA: Leader Energy’s ASEAN Green Sustainable and Responsible Investment Sukuk Wakalah rating of ‘AA-IS’ affirmed
QATAR: Masraf Al Rayan hosts delegation from Indonesian Banking Development Institute as part of Islamic Bank Branch Manager Program
UK: Foot Anstey’s Islamic finance sector business increases by 18% for 2021–22 financial year
MALAYSIA: Titijaya Land issues Islamic commercial paper worth RM30 million (US$6.72 million) on the 17th August 2022
MALAYSIA: Johor Port to issue Islamic program with combined limit up to RM1 billion (US$223.84 million); ‘MARC-1IS/AA-IS’ preliminary ratings assigned
MALAYSIA: Malaysian government and central bank issue Islamic papers
PAKISTAN: State Bank of Pakistan injects PKR743 billion (US$3.46 billion) into banks with 15.11% return rate, The Express Tribune reports
PAKISTAN: Rafah National Savings holds first Shariah board meeting; two Islamic products approved
PAKISTAN: Habib Bank opens new Islamic banking branch in Lahore, The News International reports
SOMALIA: IsDB assures it is working with Somalia to promote socioeconomic development and prosperity
UAE: Dubai Financial Market to allow Dubai Gold and Commodities Exchange licensed brokerage firms to become derivatives members
PAKISTAN: State Bank of Pakistan automates verification of refinance claims under Export Finance Scheme
MALAYSIA: APM Automotive Holdings issues Islamic medium-term note worth RM50 million (US$11.22 million)
SAUDI ARABIA: Council of Cooperative Health Insurance renews company qualification of Buruj Cooperative Insurance Company for one year
SAUDI ARABIA: Saudi Capital Market Authority board issues resolution to refer two companies to Public Prosecution
MALDIVES: Maldives procures medical equipment for frontline workers and health facilities with funding from IsDB totaling US$34.1 million to date
MALAYSIA: CIMB Islamic Bank to partner with Yayasan Waqaf Malaysia and Yayasan Belia Malaysia for Rider Entrepreneur Programme 2022
MALAYSIA: Malaysia Venture Capital Management welcomes Noor Amy Ismail as COO and Paramjit Singh Gill as chief investment officer
MALAYSIA: Ranhill Solar Ventures proposes Sukuk Murabahah program of up to RM310 million (US$69.54 million); ‘AA3/Stable’ rating assigned
MALAYSIA: BGSM Management issues two Islamic medium-term notes worth RM350 million (US$78.52 million) combined
MALAYSIA: BGRB Venture issues RM4 million (US$897,332) unrated Islamic medium-term note on the 15th August 2022
INDONESIA: Indonesia Stock Exchange lists Sukuk issued by Indah Kiat Pulp & Paper, Sarana Multi Infrastruktur and Kereta Api Indonesia
BAHRAIN: Central Bank of Bahrain’s monthly Sukuk Salam issuance worth BHD43 million (US$113.35 million) oversubscribed
MALAYSIA: Malaysian Ministry of Human Resources launches Shariah compliant financing facility for skilled workers, Bernama reports
MALAYSIA: Al Rajhi Bank Malaysia partners with Darwinbox to digitalize human resources processes
INDONESIA: Indonesian regulatory and financial entities collaborate to encourage younger generation to participate in sustainable investing
SAUDI ARABIA: Bupa Arabia for Cooperative Insurance appoints Loay Hisham Nazer as chairman of board; appoints other board members
ETHIOPIA: Kacha Digital Financial Services to finalize preparatory activities to launch Shariah compliant financial services
INDONESIA: Kereta Api Indonesia raises IDR4.6 trillion (US$313.08 million) through Sukuk and bonds; receives oversubscription of 2.3 times, Kontan reports
UAE: Pure Harvest Smart Farms eyes new Sukuk or conventional bond issuance to support expansion, Salaam Gateway reports
SAUDI ARABIA: Tamam Financing Company launches Murabahah financing to enable instant access to financing and flexible repayment options
OMAN: Oman Cement Company appoints Sohar Islamic Bank as mandated lead arranger for expansion project
OMAN: Bank Nizwa pledges OMR40,000 (US$103,547) to support flood-stricken communities in Rustaq and Al Awabi
GLOBAL: AAOIFI begins digital transformation and process automation journey; appoints Lyst Technologies to assist
MALAYSIA: Meem Gold & Jewellery receives Shariah compliance certification from Elzar Shariah Solutions and Advisory
MALAYSIA: Merchant commerce platform Pine Labs partners with Bank Simpanan Nasional to enable digital Pay Later
MALAYSIA: Malaysian banking associations increase security measures in response to iPay88 cybersecurity incident
Tuesday, 09 Mar 2021 | Volume18.Issue10
Cover StoryFriday, 05 Mar 2021 | Volume18.Issue10
IFN ReportsFriday, 05 Mar 2021 | General
Moody's ReportsTuesday, 02 Mar 2021 | Volume18.Issue09
IFN ReportsTuesday, 02 Mar 2021 | Volume18.Issue09
MovesMonday, 01 Mar 2021 | Volume18.Issue09
IFN ReportsFriday, 26 Feb 2021 | Volume18.Issue09
IFN ReportsFriday, 26 Feb 2021 | Volume18.Issue09
News BriefsThursday, 25 Feb 2021 | Volume18.Issue09
News BriefsFriday, 19 Feb 2021 | Volume18.Issue08
IFN ReportsWednesday, 17 Feb 2021 | Volume18.Issue08
News BriefsWednesday, 17 Feb 2021 | Volume18.Issue08
Rating UpdatesTuesday, 02 Feb 2021 | Volume18.Issue05
Cover StoryTuesday, 02 Feb 2021 | Volume18.Issue05
Case StudyFriday, 29 Jan 2021 | Volume18.Issue05
Rating UpdatesTuesday, 26 Jan 2021 | Volume18.Issue04
Cover StoryTuesday, 26 Jan 2021 | Volume18.Issue04
Special ReportsMonday, 25 Jan 2021 | Volume18.Issue04
News BriefsFriday, 22 Jan 2021 | Volume18.Issue04
IFN Correspondent ReportsTuesday, 19 Jan 2021 | Awards Report 2020
Cover StoryTuesday, 19 Jan 2021 | Volume18.Issue03
IFN AnalysisWednesday, 13 Jan 2021 | Volume18.Issue03
Rating UpdatesTuesday, 12 Jan 2021 | Volume18.Issue02
IFN AnalysisThursday, 07 Jan 2021 | Volume18.Issue02
Rating UpdatesTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 15 Dec 2020 | Volume17.Issue50
Daily Cover StoryThursday, 10 Dec 2020 | General
Moody's ReportsTuesday, 08 Dec 2020 | Volume17.Issue49
Cover StoryWednesday, 02 Dec 2020 | Volume17.Issue49
Daily Cover StoryThursday, 26 Nov 2020 | Volume17.Issue48
Rating UpdatesThursday, 26 Nov 2020 | Volume17.Issue48
Rating UpdatesFriday, 20 Nov 2020 | Volume17.Issue47
Rating UpdatesWednesday, 18 Nov 2020 | Volume17.Issue47
IFN Correspondent ReportsTuesday, 17 Nov 2020 | Volume17.Issue46
Cover StoryThursday, 05 Nov 2020 | Volume17.Issue45
News BriefsTuesday, 03 Nov 2020 | Volume17.Issue44
Rating UpdatesWednesday, 28 Oct 2020 | IFN Special Awards 2019
IFN AwardsTuesday, 27 Oct 2020 | Volume17.Issue43
Cover StoryTuesday, 27 Oct 2020 | Volume17.Issue43
Rating UpdatesThursday, 22 Oct 2020 | Volume17.Issue43
Rating UpdatesWednesday, 21 Oct 2020 | Volume17.Issue43
IFN Correspondent ReportsMonday, 19 Oct 2020 | Volume17.Issue42
IFN Correspondent ReportsFriday, 16 Oct 2020 | General
Press ReleaseWednesday, 14 Oct 2020 | Volume17.Issue42
Rating Updates