IFN Deals of the Year 2021
Tuesday, 18 Jan 2022 | Awards Report 2021
Cover StoryMALAYSIA: 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
UAE: Ajit Vijay Joshi resigns from position as non-independent, non-executive board member of Takaful Emarat Insurance for personal reasons
MALAYSIA: Sunway Treasury Sukuk issues RM50 million (US$11.24 million) one-month Islamic commercial paper
MALAYSIA: Bank Negara Malaysia prints short-term Shariah compliant papers
MALAYSIA: Bank Negara Malaysia and Securities Commission Malaysia to confer 6th Royal Award for Islamic Finance on 4th October 2022 in Kuala Lumpur
PAKISTAN: China Power Hub Generation Company closes short-term Sukuk worth PKR8 billion (US$36.28 million)
SAUDI ARABIA: Zahrat Al Waha for Trading Co renews Islamic financing facility worth SAR148.72 million (US$39.6 million) with Arab National Bank
AFGHANISTAN: IsDB provides US$525,000 to International Federation of Red Cross and Red Crescent Societies to meet humanitarian needs in Afghanistan
PAKISTAN: ZoodPay partners with Neem to introduce Shariah compliant inventory financing to online merchants
SAUDI ARABIA: Cornelius Alexander Ionnes Ankel resigns from Saudi Enaya Cooperative Insurance Co as board member
MALAYSIA: Sabah Credit Corporation issues RM200 million (US$44.95 million) Islamic medium-term note
INDONESIA: Bank Indonesia voices commitment to support development of women Shariah business players to accelerate inclusive economic growth
MALAYSIA: RAM reaffirms ‘AA3/Stable’ rating on Solar Management (Seremban)’s RM260 million (US$58.31 million) ASEAN Green SRI Sukuk (2020/2038)
SAUDI ARABIA: Saudi Electric Company obtains US$3 billion international syndicated facility from 15 entities including Abu Dhabi Islamic Bank
MALAYSIA: Mudajaya Land obtains Islamic financing facilities worth RM55 million (US$12.36 million) from Al Rajhi Banking & Investment Corporation (Malaysia)
UAE: Mohammed Hussain Mohammed resigns from post as board member of Islamic Arabic Insurance Co
UK: Offa welcomes Sayful Rahman as new senior business development manager
SAUDI ARABIA: Al Alamiya for Cooperative Insurance Co appoints Waleed Khalid AL Dhubaib as non-executive board member
MALAYSIA: Gabungan AQRS proposes RM200 million (US$44.95 million) Islamic commercial paper/Islamic medium-term note program
Tuesday, 18 Jan 2022 | Awards Report 2021
Cover StoryTuesday, 30 Nov 2021 | General
IFN ReportsTuesday, 23 Nov 2021 | Volume18.Issue47
Case StudyTuesday, 19 Jan 2021 | Awards Report 2020
Cover StoryTuesday, 06 Oct 2020 | Volume17.Issue40
Cover StoryTuesday, 14 Jan 2020 | Volume17.Issue02
Cover StoryMonday, 22 Jul 2019 | Special Awards Report 2019
IFN AwardsMonday, 04 Mar 2019 | IFN Indonesia Report 2019
Case StudyTuesday, 15 Jan 2019 | Volume16.Issue02
Cover StoryFriday, 16 Mar 2018 | IFN ASIA Report 2018
Case StudyThursday, 22 Feb 2018 | Volume15.Issue09
DealsTuesday, 16 Jan 2018 | Volume15.Issue03
Cover StoryTuesday, 28 Mar 2017 | Volume14.Issue13
Case StudyWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsWednesday, 22 Mar 2017 | Special Awards Report 2017
Case StudyWednesday, 15 Mar 2017 | Volume14.Issue12
Rating UpdatesWednesday, 08 Feb 2017 | Volume14.Issue06
DealogicWednesday, 11 Jan 2017 | Volume14.Issue03
IFN ReportsWednesday, 11 Jan 2017 | Volume14.Issue02
Cover StoryWednesday, 04 May 2016 | Volume13.Issue18
Case StudyWednesday, 16 Mar 2016 | Volume13.Issue11
IFN ReportsWednesday, 09 Mar 2016 | Volume13.Issue11
Rating UpdatesWednesday, 06 Jan 2016 | Volume13.Issue01
Cover StoryWednesday, 16 Dec 2015 | Volume12.Issue50
IFN ReportsFriday, 11 Dec 2015 | Volume12.Issue50
DealsWednesday, 01 Jul 2015 | Volume12.Issue26
Case StudyWednesday, 03 Jun 2015 | Volume12.Issue22
IFN ReportsMonday, 01 Jun 2015 | Volume12.Issue22
DealsMonday, 25 May 2015 | Volume12.Issue21
IFN ReportsFriday, 13 Mar 2015 | IFN Annual Guide 2015
FeaturesMonday, 02 Mar 2015 | IFN Awards Guide 2015
Special ReportsMonday, 02 Mar 2015 | IFN Awards Guide 2015
IFN AwardsWednesday, 18 Feb 2015 | Volume12.Issue07
Case StudyWednesday, 07 Jan 2015 | Volume12.Issue01
Cover StoryTuesday, 02 Dec 2014 | Volume11.Issue48
IFN ReportsWednesday, 26 Nov 2014 | Volume11.Issue47
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IFN ReportsWednesday, 05 Nov 2014 | Volume11.Issue44
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IFN ReportsTuesday, 23 Sep 2014 | Volume11.Issue38
IFN ReportsWednesday, 10 Sep 2014 | Volume11.Issue37
Rating UpdatesWednesday, 10 Sep 2014 | Volume11.Issue36
Case StudyWednesday, 20 Aug 2014 | Volume11.Issue34
Rating UpdatesTuesday, 19 Aug 2014 | Volume11.Issue33
Rating UpdatesWednesday, 25 Sep 2013 | Volume10.Issue38
Case StudyFriday, 13 Sep 2013 | Volume10.Issue37
Rating Updates