IFN Deals of the Year 2020
Tuesday, 19 Jan 2021 | Volume18.Issue03
Cover StoryUK: Al Rayan Bank’s commercial property portfolio grows by 20% to more than GBP600 million (US$835.7 million) in 2020
MALAYSIA: Bank Islam Malaysia maintains ‘AA3/Stable/P1’ ratings despite restructuring
KUWAIT: Fitch affirms Kuwait Finance House’s long-term issuer default rating at ‘A+’ with a negative outlook
KUWAIT: Boubyan Bank records KWD24.83 million (US$82.26 million) in net operating profit for first quarter of 2021
SAUDI ARABIA: Alinma Bank posts 73.51% increase in net profit for first quarter of 2021
IRAN: Central Bank of Iran releases rules governing cryptocurrency foreign exchange payments
SAUDI ARABIA: Al Rajhi Bank grows 2021 first quarter net profit by about 40% to SAR3.34 billion (US$890.18 million)
PALESTINE: Palestine Monetary Authority makes Estidama Fund permanent to support economy through Islamic and commercial banks
GLOBAL: Sukuk market to maintain momentum for the rest of 2021 thanks to investor appetite and funding diversification needs, says Fitch
GLOBAL: First Abu Dhabi Bank commences share capital transfer process to acquire Bank Audi Egypt
MALAYSIA: BIMB Holdings unveils post-restructuring plan
PAKISTAN: Non-resident Pakistanis with Roshan Digital Account allowed to invest in Islamic mutual funds via Al Meezan Investment Management
BAHRAIN: Mazar Rashid Jalal resigns as chief compliance and governance officer of Bahrain Islamic Bank
NIGERIA: Pension Fund Operators Association of Nigeria to launch new Shariah compliant pension fund this year
KUWAIT: Capital Markets Authority of Kuwait renews Collective Investment Scheme License of Watani USD Money Market Fund for three-year period
TURKEY: TF Varlik Kiralama auctions TRY300 million (US$36.71 million)-worth of lease certificates to qualified investors
SAUDI ARABIA: Saudi Ministry of Finance closes April 2021 Sukuk offering worth SAR11.71 billion (US$3.12 billion)
INDONESIA: Indonesia exercises greenshoe option; raises IDR2.64 trillion (US$181.52 million) from four sovereign Shariah securities
TURKEY: Turkiye Emlak Katilim Bankasi sells domestic lease certificates worth TRY180 million (US$22.03 million)
MALAYSIA: Bank Negara Malaysia issues three Islamic papers totaling RM21.25 billion (US$5.16 billion)
UAE: Emirates Islamic posts net profit of AED212 million (US$57.71 million) for first quarter of 2021
MALAYSIA: Malaysian government secures ‘A3’ rating for proposed US dollar Sukuk
KUWAIT: Fitch affirms Boubyan Bank’s long-term issuer default rating at ‘A+’ and short-term issuer default rating at ‘F1’ with negative outlook
UAE: Central Bank of the UAE extends AED50 billion (US$13.61 billion) Targeted Economic Support Scheme until June 2022
OMAN: Bank Nizwa launches WhatsApp banking service catering to customers globally
INDONESIA: Bank Indonesia maintains BI seven-day reverse repo rate at 3.5%
EGYPT: Faisal Islamic Bank grows total assets by 12.9% to EGP118 billion (US$7.5 billion)
SAUDI ARABIA: Red Sea Development Co to secure SAR14 billion (US$3.73 billion) green financing to fund first phase of luxury tourism project
SAUDI ARABIA: Saudi Central Bank grants license to Marsoom Debt Collection Company
UAE: Digital Financial Services partners with Lulu Group International to offer secure e-wallet payment services
GLOBAL: Tristar Transport to float IPO this month; expects IPO to be declared Shariah compliant
GLOBAL: IFSB releases Islamic banking data for third quarter of 2020
MALAYSIA: Capital Markets Malaysia and Institutional Investors Council Malaysia launch Sustainable Investment Platform
INDONESIA: Badan Wakaf Indonesia collaborates with four universities to launch National Waqf Index
UAE: Emirates NBD to grow Saudi branch network to 24 from current six
GLOBAL: Waqfinity CEO Akmal Saleem joins IFN as new correspondent for Waqf sector
GLOBAL: International Islamic Trade Finance Corporation planning new financial instruments including risk-sharing alternatives and bank guarantee products
UAE: Takaful Emarat Insurance announces seven nominees for membership of board of directors
UAE: Sharjah Islamic Bank records increase of 6.8% in net profit for three-month period ended the 31st March 2021
INDONESIA: Bank Sumsel Babel collaborates with National Zakat Agency to introduce new payment system facilitating Zakat payments
TURKEY: Ministry of Treasury and Finance of Turkey issues CPI-indexed lease certificates worth TRY1.36 billion (US$167.52 million)
INDONESIA: Indonesia raises IDR7.37 trillion (US$507.32 million) from Sukuk auction; plans additional Sukuk auction with greenshoe option
MALAYSIA: Pelabuhan Tanjung Pelepas sells RM200 million (US$48.57 million) Islamic medium-term note with a profit rate of 3.74%
MALAYSIA: Idiwan Solar prints Murabahah-based Islamic medium-term note
GAMBIA: Central Bank of Gambia concludes Sukuk Salam auction
MALAYSIA: Danum Capital auctions RM500 million (US$121.42 million) Islamic medium-term note with a profit rate of 2.24%
KUWAIT: Central Bank of Kuwait places bonds and related Tawarruq papers totaling KWD240 million (US$795.08 million)
MALAYSIA: Bank Negara Malaysia issues three Shariah papers
MALAYSIA: BGMC Bras Power prints RM4 million (US$971,323) unrated Islamic medium-term note
TURKEY: Albaraka Turk Katilim Bankasi makes return payments to holders of TRY50 million (US$6.16 million) lease certificates
Tuesday, 19 Jan 2021 | Volume18.Issue03
Cover StoryTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesTuesday, 17 Nov 2020 | Volume17.Issue46
News BriefsWednesday, 04 Nov 2020 | Volume17.Issue45
IFN Correspondent ReportsTuesday, 29 Sep 2020 | Volume17.Issue39
Cover StoryMonday, 28 Sep 2020 | Volume17.Issue39
IFN Correspondent ReportsFriday, 04 Sep 2020 | Volume17.Issue36
DealsWednesday, 08 Jul 2020 | Volume17.Issue28
News BriefsFriday, 05 Jun 2020 | Volume17.Issue23
ResultsMonday, 01 Jun 2020 | Volume17.Issue22
IFN ReportsFriday, 29 May 2020 | Volume17.Issue22
IFN ReportsThursday, 28 May 2020 | Volume17.Issue22
News BriefsFriday, 15 May 2020 | Volume17.Issue20
IFN ReportsTuesday, 12 May 2020 | Volume17.Issue19
News BriefsMonday, 06 Apr 2020 | IFN HF Volume5.Issue2
IFN ReportsTuesday, 15 Oct 2019 | Volume16.Issue41
Case StudyFriday, 04 Oct 2019 | Volume16.Issue40
DealsTuesday, 15 Jan 2019 | Volume16.Issue02
Cover StoryTuesday, 28 Aug 2018 | Volume15.Issue35
Cover StoryThursday, 26 Jul 2018 | IFNC Volume3.Issue6
IFN ReportsFriday, 06 Apr 2018 | Volume15.Issue15
IFN ReportsWednesday, 04 Apr 2018 | Volume15.Issue15
MovesTuesday, 20 Mar 2018 | Volume15.Issue12
News BriefsTuesday, 20 Jun 2017 | IFNC Volume2.Issue05
Cover StoryTuesday, 16 May 2017 | Volume14.Issue20
News BriefsTuesday, 07 Mar 2017 | Volume14.Issue10
ResultsMonday, 31 Oct 2016 | Volume13.Issue44
News BriefsWednesday, 05 Oct 2016 | Volume13.Issue40
IFN AnalysisWednesday, 04 May 2016 | Volume13.Issue19
ResultsMonday, 14 Dec 2015 | Volume12.Issue50
News BriefsTuesday, 20 Oct 2015 | Volume12.Issue42
News BriefsMonday, 08 Jun 2015 | Volume12.Issue23
DealsWednesday, 03 Jun 2015 | Volume12.Issue22
IFN ReportsWednesday, 27 May 2015 | Volume12.Issue22
IFN ReportsWednesday, 11 Mar 2015 | Volume12.Issue10
Industry MovesWednesday, 11 Feb 2015 | Volume12.Issue06
IFN ReportsWednesday, 21 Jan 2015 | Volume12.Issue03
IFN AnalysisWednesday, 14 Jan 2015 | Volume12.Issue02
Special ReportsWednesday, 10 Dec 2014 | Volume11.Issue49
Special ReportsWednesday, 03 Dec 2014 | Volume11.Issue48
Special ReportsWednesday, 26 Nov 2014 | Volume11.Issue47
Special ReportsWednesday, 29 Oct 2014 | Volume11.Issue43
Special ReportsWednesday, 06 Aug 2014 | Volume11.Issue31
IFN ReportsWednesday, 21 May 2014 | Volume11.Issue20
IFN ReportsWednesday, 23 Apr 2014 | Volume11.Issue17
MovesTuesday, 15 Apr 2014 | Volume11.Issue15
News BriefsFriday, 11 Apr 2014 | Volume11.Issue15
News BriefsTuesday, 01 Apr 2014 | Volume11.Issue13
MovesThursday, 06 Feb 2014 | Volume11.Issue06
News BriefsThursday, 31 Oct 2013 | Volume10.Issue44
News Briefs