Tamam launches Murabahah financing
Monday, 15 Aug 2022 | Volume19.Issue33
News BriefsMALAYSIA: 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
SAUDI ARABIA: Saudi National Bank announces intention to issue Saudi riyal-denominated additional Tier 1 Sukuk
IRAN: Securities and Exchange Organization of Iran removes minimum capital requirement for establishing investment consulting companies
GLOBAL: Bahrain Institute of Banking and Finance discusses several Islamic finance collaborations in Kyrgyzstan; to facilitate first Sukuk issuance
PAKISTAN: Faysal Bank partners with OPay Pakistan to offer innovative financial and lending digital services
SAUDI ARABIA: Walaa Cooperative Insurance Co receives approval for capital increase for Sabb Takaful Co merger
SAUDI ARABIA: National Debt Management Center, Ministry of Finance and SNB Capital sign MoU to develop individual savings Sukuk
SAUDI ARABIA: Saudi Central Bank approves Bupa Arabia for Cooperative Insurance Company’s Bupa Policy Benefit Upgrade product
QATAR: QIIB to process application to increase foreign ownership limit in capital to 100%
KUWAIT: Central Bank of Kuwait raises discount rate by quarter percentage point to 2.75% effective the 11th August 2022
BOSNIA AND HERZEGOVINA: IFN welcomes Dr Jasmin Omercic as new correspondent for Bosnia and Herzegovina
INDONESIA: Indonesian government raises IDR10.64 trillion (US$717.41 million) from Sukuk auction on the 9th August 2022
SAUDI ARABIA: SABB Takaful Co announces resignation of Maha Al Sudairi as non-executive board member effective the 9th August 2022
GLOBAL: IsDB Institute invites nominations for IsDB Prize for Impact Achievement in Islamic Economics for 2023
UAE: Aafaq Islamic Finance appoints Nitin Gautam as senior vice-president of board secretary and legal
UAE: Eshraq Investments completes acquisition of Goldilocks Investment Company; owns 99.25% of its shares
OMAN: Ahli Islamic inaugurates 18th branch in Nizwa in line with expansion efforts
MALAYSIA: Danum Capital issues three Islamic medium-term notes worth RM9 million (US$2.02 million) combined
KUWAIT: Kuwait Finance House announces timetable for acquisition offer of up to 100% of shares of capital of Ahli United Bank Bahrain
Monday, 15 Aug 2022 | Volume19.Issue33
News BriefsFriday, 12 Aug 2022 | Volume19.Issue33
IFN ReportsThursday, 11 Aug 2022 | Volume19.Issue33
Takaful NewsTuesday, 09 Aug 2022 | Volume19.Issue32
IFN AnalysisTuesday, 09 Aug 2022 | Volume19.Issue32
FeaturesTuesday, 09 Aug 2022 | Volume19.Issue32
News BriefsMonday, 08 Aug 2022 | Volume19.Issue32
News BriefsFriday, 05 Aug 2022 | Volume19.Issue32
Takaful NewsFriday, 05 Aug 2022 | Volume19.Issue32
News BriefsTuesday, 02 Aug 2022 | Volume19.Issue31
Takaful NewsFriday, 29 Jul 2022 | Volume19.Issue31
News BriefsFriday, 29 Jul 2022 | Volume19.Issue31
News BriefsWednesday, 27 Jul 2022 | Volume19.Issue31
News BriefsWednesday, 27 Jul 2022 | Volume19.Issue31
Takaful NewsFriday, 22 Jul 2022 | Volume19.Issue30
News BriefsTuesday, 19 Jul 2022 | Volume19.Issue29
IFN AnalysisTuesday, 19 Jul 2022 | Volume19.Issue29
Takaful NewsTuesday, 05 Jul 2022 | Volume19.Issue27
IFN ReportsMonday, 04 Jul 2022 | Volume19.Issue27
MovesWednesday, 29 Jun 2022 | Volume19.Issue27
Takaful NewsMonday, 27 Jun 2022 | Volume19.Issue26
News BriefsMonday, 20 Jun 2022 | Volume19.Issue25
Takaful NewsThursday, 16 Jun 2022 | Volume19.Issue25
News BriefsMonday, 13 Jun 2022 | Volume19.Issue24
MovesThursday, 09 Jun 2022 | Volume19.Issue24
News BriefsThursday, 09 Jun 2022 | Volume19.Issue24
MovesWednesday, 08 Jun 2022 | Volume19.Issue24
Takaful NewsTuesday, 07 Jun 2022 | Volume19.Issue23
Cover StoryTuesday, 07 Jun 2022 | Volume19.Issue23
IFN AnalysisTuesday, 07 Jun 2022 | Volume19.Issue23
News BriefsFriday, 03 Jun 2022 | Volume19.Issue23
IFN ReportsWednesday, 01 Jun 2022 | Volume19.Issue23
MovesMonday, 30 May 2022 | Volume19.Issue22
MovesFriday, 27 May 2022 | Volume19.Issue22
Takaful NewsFriday, 27 May 2022 | Volume19.Issue22
Takaful NewsThursday, 26 May 2022 | Volume19.Issue22
MovesThursday, 26 May 2022 | Volume19.Issue22
Takaful NewsThursday, 26 May 2022 | Volume19.Issue22
MovesTuesday, 24 May 2022 | Volume19.Issue21
Takaful NewsTuesday, 24 May 2022 | Volume19.Issue21
Takaful NewsMonday, 23 May 2022 | Volume19.Issue21
Takaful NewsFriday, 13 May 2022 | Volume19.Issue20
Takaful NewsMonday, 09 May 2022 | Volume19.Issue19
News BriefsThursday, 28 Apr 2022 | Volume19.Issue18
Takaful NewsWednesday, 27 Apr 2022 | Volume19.Issue18
Takaful NewsTuesday, 26 Apr 2022 | Volume19.Issue17
IFN AnalysisTuesday, 26 Apr 2022 | Volume19.Issue17
News BriefsWednesday, 20 Apr 2022 | Volume19.Issue17
News BriefsWednesday, 20 Apr 2022 | Volume19.Issue17
Takaful NewsFriday, 15 Apr 2022 | Volume19.Issue16
News Briefs