IFN weekly market roundup: 14th – 20th May 2016
Friday, 20 May 2016 | Volume13.Issue21
ReportsAUSTRALIA: Hejaz Group partners with mortgage and finance broking aggregator LMG, Mortgage Professional Australia reports
GLOBAL: Seedflex Technologies launches Shariah compliant digital financing solution in Malaysia, Fintech News Malaysia reports
US: The Children’s Place secures US$90 million Shariah compliant financing facility from Saudi firm Mithaq Capital
UAE: Emirates Islamic concludes debut US$500 million syndicated financing facility
GLOBAL: Prof Mehmet Asutay wins first place for 2024 Islamic Development Bank Prize for Impactful Achievement in Islamic Economics
PHILIPPINES: Maybank Philippines and unnamed foreign company to establish Islamic banking operations in Philippines
MALAYSIA: OCK Group proposes Islamic commercial papers program worth RM500 million (US$104.33 million)
MALAYSIA: Bursa Carbon Exchange to host inaugural renewable energy certificates auction on 25th June 2024
UAE: Abu Dhabi Islamic Bank denies interest in acquiring stake in Bank Syariah Indonesia
MALAYSIA: Bank Negara Malaysia prints Islamic facilities worth RM16.89 billion (US$3.52 billion) in total
MALAYSIA: Genting Plantations’s funding conduit registers RM2 billion (US$417.33 million) Sukuk program with Securities Commission Malaysia
QATAR: Qatar Islamic Bank records net profit of QAR955.14 million (US$261.63 million) for Q1 2024
MALAYSIA: Public Sector Home Financing Board prints Sukuk worth RM3.25 billion (US$677.78 million) in total
INDONESIA: Adira Finance to publicly offer Sukuk Mudarabah worth IDR400 billion (US$24.61 million), Bisnis.com reports
GLOBAL: Indonesia’s Badan Pengelola Keuangan Haji confirms support for IFN Investor Middle East Forum 2024
TURKIYE: Kuveyt Turk Katilim Bankasi auctions two Islamic papers worth TRY660 million (US$20.29 million) in total
SAUDI ARABIA: National Building and Marketing Company renews Shariah compliant financing worth SAR85 million (US$22.64 million)
MALAYSIA: Setia Alamsari launches Islamic paper worth RM12 million (US$2.5 million)
MALAYSIA: Qiradh Capital issues two Islamic medium-term notes worth RM37 million (US$7.72 million) in total
SAUDI ARABIA: Capital Market Authority of Saudi Arabia approves SEDCO Capital Multi Asset Traded Fund offering
UZBEKISTAN: IsDB provides financial support for Uzbekistan’s Integrated Rural Development Project Phase II worth US$293.5 million
SAUDI ARABIA: IsDB Group to hold Private Sector Forum 2024 in Riyadh from 28th to 30th April 2024
GLOBAL: Fitch Ratings expects global Sukuk growth for the rest of 2024
GLOBAL: Codebase Technologies launches Digibanc SME Financing platform
SAUDI ARABIA: NEOM mulls riyal-denominated Sukuk worth up to SAR5 billion (US$1.33 billion), Bloomberg reports
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM13.57 billion (US$2.83 billion)
SAUDI ARABIA: Saudi Capital Market Authority grants approval to Jana Financial Company to carry out a fintech experiment
EGYPT: Faisal Islamic Bank of Egypt’s net profit after tax for Q1 2024 reaches EGP6 billion (US$123.78 million)
SAUDI ARABIA: Ladun Investment Company’s board of directors grants approval to sign credit facility agreement worth SAR573 million (US$152.65 million)
PAKISTAN: Dubai Islamic Bank, ARY Services and MAK Global Consulting sign MoU to launch RAAST P2M services in Pakistan
BANGLADESH: Bangladesh Bank receives bid amounting to BDT4.97 billion (US$44.73 million) for Islamic Banks Liquidity Facility
KAZAKHSTAN: IFN announces new correspondent for Kazakhstan
TURKIYE: Turkish government issues fixed rent rate lease certificate worth TRY5.68 billion (US$174.98 million)
QATAR: Qatar Central Bank auctions treasury bills and Sukuk with bids amounting to QAR13.95 billion (US$3.77 billion)
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities valued at KWD240 million (US$776.98 million)
GAMBIA: Central Bank of The Gambia auctions Sukuk Salam worth GMD62.98 million (US$926,178) in total
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM14.43 billion (US$3.01 billion)
UK: Wahed Invest introduces new Shariah compliant personal pension scheme
OMAN: Takaful Oman’s net profit for period ending 31st March 2024 drops to OMR178,717 (US$462,977)
OMAN: Bank Nizwa records net profit of OMR3.87 million (US$10.01 million) for period ending 31st March 2024
OMAN: Bank Muscat’s net interest income and Islamic financing income increases to OMR95.45 million (US$247.27 million) for Q1 2024
OMAN: Al Madina Takaful’s net profit for period ending on 31st March 2024 reaches OMR492,489 (US$1.28 million)
PAKISTAN: State Bank of Pakistan’s Shariah compliant liquidity injection sees PKR270 billion (US$969.52 million) offered and accepted
MALAYSIA: Permodalan Nasional appoints Abdul Rahman Ahmad as president and group CEO
UK: SC Ventures’s sustainable finance platform Shoal partners with Islamic fintech company Algbra
KUWAIT: Capital Markets Authority renews license of Shariah compliant Watani USD Money Market Fund
SAUDI ARABIA: Saudi Capital Market Authority grants license to Fisher Investments Arabia Company
MALAYSIA: Bank Negara Malaysia issues policy document on electronic know-your-customer
ETHIOPIA: IsDB Institute delivers Islamic banking capacity-building program for Ethiopian banking sector
TURKIYE: Albaraka Turk Participation Bank launches Sukuk worth TRY500 million (US$15.42 million)
Friday, 20 May 2016 | Volume13.Issue21
ReportsWednesday, 18 May 2016 | Volume13.Issue21
News BriefsTuesday, 03 May 2016 | Volume13.Issue18
Cover StoryThursday, 21 Apr 2016 | Volume13.Issue17
Ratings UpdatesWednesday, 20 Apr 2016 | Volume13.Issue16
ReportsFriday, 15 Apr 2016 | Volume13.Issue16
ReportsWednesday, 13 Apr 2016 | Volume13.Issue16
ResultsThursday, 31 Mar 2016 | Special Awards Report 2016
IFN AwardsWednesday, 30 Mar 2016 | Volume13.Issue13
ReportsThursday, 17 Mar 2016 | IFNC Volume1.Issue03
News BriefsFriday, 11 Mar 2016 | Volume13.Issue11
News BriefsThursday, 10 Mar 2016 | Volume13.Issue11
News BriefsWednesday, 02 Mar 2016 | Volume13.Issue09
Case StudiesMonday, 29 Feb 2016 | Volume13.Issue09
News BriefsSaturday, 20 Feb 2016 | IFNC Volume1.Issue02
Cover StorySaturday, 20 Feb 2016 | IFNC Volume1.Issue02
News BriefsFriday, 19 Feb 2016 | Volume13.Issue08
News BriefsTuesday, 16 Feb 2016 | Volume13.Issue07
ReportsWednesday, 03 Feb 2016 | Volume13.Issue05
FeaturesWednesday, 27 Jan 2016 | Volume13.Issue04
AnalysesWednesday, 06 Jan 2016 | Volume13.Issue01
Cover StoryWednesday, 06 Jan 2016 | Volume13.Issue01
Cover StoryTuesday, 05 Jan 2016 | Volume13.Issue01
MovesMonday, 04 Jan 2016 | Volume13.Issue01
DealsThursday, 17 Dec 2015 | Volume13.Issue01
News BriefsWednesday, 04 Nov 2015 | Volume12.Issue45
Ratings UpdatesTuesday, 27 Oct 2015 | Volume12.Issue43
AnalysesWednesday, 23 Sep 2015 | Volume12.Issue38
Cover StoryWednesday, 09 Sep 2015 | Volume12.Issue36
Cover StoryWednesday, 09 Sep 2015 | Volume12.Issue37
TakafulWednesday, 02 Sep 2015 | Volume12.Issue36
Ratings UpdatesTuesday, 01 Sep 2015 | Volume12.Issue35
DealsWednesday, 26 Aug 2015 | Volume12.Issue35
News BriefsWednesday, 26 Aug 2015 | Volume12.Issue34
AnalysesMonday, 24 Aug 2015 | Volume12.Issue34
DealsFriday, 21 Aug 2015 | Volume12.Issue34
ReportsWednesday, 19 Aug 2015 | Volume12.Issue33
Case StudiesMonday, 17 Aug 2015 | Volume12.Issue33
News BriefsWednesday, 05 Aug 2015 | Volume12.Issue31
FeaturesWednesday, 22 Jul 2015 | Volume12.Issue29
Case StudiesTuesday, 21 Jul 2015 | Volume12.Issue29
AnalysesThursday, 16 Jul 2015 | Volume12.Issue29
DealsWednesday, 08 Jul 2015 | Volume12.Issue27
ReportsFriday, 03 Jul 2015 | Volume12.Issue27
ReportsThursday, 02 Jul 2015 | Volume12.Issue27
ReportsFriday, 26 Jun 2015 | Volume12.Issue26
ReportsTuesday, 23 Jun 2015 | Volume12.Issue25
Ratings UpdatesTuesday, 23 Jun 2015 | Volume12.Issue25
DealsMonday, 22 Jun 2015 | Volume12.Issue25
Ratings UpdatesFriday, 12 Jun 2015 | Volume12.Issue24
Ratings Updates