Singaporean firm turns to the Middle East as Islamic finance in home market stalls
Monday, 22 Feb 2016 | Volume13.Issue08
IFN ReportsBANGLADESH: Dhaka Bank reelects Abdul Hai Sarker as board chairman
SAUDI ARABIA: Saudi Investment Bank completes Tier 1 Sukuk issuance worth SAR2 billion (US$532.59 million) through private placement
MALAYSIA: Bank Negara Malaysia issues four Shariah papers
MALAYSIA: Tenaga Nasional places five Islamic medium-term notes
MALAYSIA: PONSB Capital auctions two Islamic medium-term notes totaling RM700 million (US$159 million)
MALAYSIA: Danum Capital prints two Istithmar- and Wakalah-based Islamic medium-term notes
SAUDI ARABIA: Buruj Cooperative Insurance Co secures final regulatory approval for new product
SAUDI ARABIA: Amana Cooperative Insurance Company completes rump offering
IRAQ: Fitch assigns ‘CCC+’ long-term issuer default rating to Kurdistan International Islamic Bank
GLOBAL: Moody’s affirms Islamic Corporation for the Development of the Private Sector at ‘A2’
BAHRAIN: Bahraini Islamic retail and wholesale banks maintain high capital adequacy ratio in first quarter of 2022
GLOBAL: UK Export Finance offers Sukuk assistance following maiden GBP66 million (US$81.04 million) financing deal in Jordan
UK: Gatehouse Bank raises rate on new Easy Access savings account
PAKISTAN: Habib Bank launches digital Islamic banking account app
PAKISTAN: Bank of Khyber expands Islamic banking network with new branch at Khalifa Gul Nawaz Hospital
GLOBAL: AAOIFI signs multiple strategic partnerships on the sidelines of its 20th Shariah Boards Conference
BANGLADESH: Southeast Bank launches five agent banking outlets targeting unbanked population
BANGLADESH: Strategic Finance & Investments secures regulatory approval to launch Islamic window
UK: Wahed Invest expands investment range with physical gold portfolio
BANGLADESH: Bangladesh Securities and Exchange Commission approves prospectus of EDGE AMC’s new Islamic fund
MALAYSIA: Pertama Digital looks to partner with Islamic bank to establish Malaysia’s government-focused neobank
MALAYSIA: Investment Account Platform appoints Dr Siti Muawanah Lajis as chief strategy officer
MALAYSIA: PMB Investment launches PMB Syariah Greater China Equity Fund
GLOBAL: IsDB approves US$59.21 million in total funding for Chad, Uganda and Senegal
SAUDI ARABIA: Nayifat Finance Company appoints Yosef Ibrahim Alshaer to vacant seat in board of directors
GLOBAL: Dubai Islamic Bank supports IFN Asia Forum and Islamic Sustainable Finance & Investment Asia Forum as lead partner
GLOBAL: Securities Commission Malaysia chairman to deliver keynote address at Islamic Sustainable Finance & Investment Asia Forum 2022
NIGERIA: LOTUS Bank appoints Sideeq Abdul Rahmon Olanrewaju as Shariah compliance officer
SRI LANKA: Amana Takaful Insurance appoints Krishnamoorthi Ratnam Ravindran as director
MOROCCO: Abdelkrim Fazazi joins Al Maghribia Takaful as managing director
INDONESIA: Indonesia raises IDR7.8 trillion (US$525.42 million) from Sukuk auction
GLOBAL: International Islamic Liquidity Management Corporation to issue three-tranche Sukuk paper worth US$830 million
MALAYSIA: Bank Negara Malaysia issues four short-term Islamic liquidity management papers totaling RM29.3 billion (US$6.66 billion)
SAUDI ARABIA: Derayah Financial’s board of directors approves restructuring of Derayah REIT’s existing financing
IRAN: Central Bank of Iran announces first Islamic banking professional certification exam to be held on the 14th July 2022
GLOBAL: Sime Darby Property–LOGOS Property joint venture announces first close of US$250 million Islamic fund to develop logistics assets
GLOBAL: Jadwa Investment partners with two entities to launch Al Dar Investment Fund 2
UAE: Chimera Capital rolls out Chimera S&P US Shariah Value Exchange Traded Fund and Chimera S&P US Shariah Growth Exchange Traded Fund
EGYPT: gig Egypt Life Takaful Company signs cooperation agreement with Easy Business Solutions to support SMEs
NIGERIA: Noor Takaful distributes NGN109.85 million (US$263,781) surplus to policyholders
SAUDI ARABIA: Arabian Internet and Communication Services Company amends and renews SAR1 billion (US$266.3 million) Islamic financing facility
GLOBAL: Indonesian parliamentary delegation visits Bahrain Institute of Banking and Finance to explore Islamic banking training programs
PAKISTAN: Modaraba Al Mali acquires equity capital in two companies
INDONESIA: Bank Muamalat Indonesia elects Iggi H Achsien as president commissioner
INDONESIA: Indonesia Stock Exchange delists FKS Food Sejahtera’s Sukuk Ijarah papers
BANGLADESH: Bangladesh auctions two Bangladesh Government Islami Investment Bonds
EGYPT: SHUAA Capital exits Egyptian brokerage in AED3.6 million (US$979,931) deal
SAUDI ARABIA: Al Alamiya for Cooperative Insurance Company signs agreement with Key Car Rental Company to provide vehicle insurance coverage
OMAN: Ahli Islamic launches online platform IslamiNET for corporate customers as part of digital transformation strategy
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Monday, 22 Feb 2016 | Volume13.Issue08
IFN ReportsFriday, 19 Feb 2016 | Volume13.Issue08
DealsFriday, 20 Mar 2015 | Volume12.Issue12
MovesMonday, 17 Feb 2014 | Volume11.Issue07
News BriefsTuesday, 28 Jan 2014 | Volume11.Issue04
Special ReportsWednesday, 05 Jan 2011 | Special Awards Issue
News BriefsWednesday, 13 Jan 2010 | Volume7.Issue02
Case StudyWednesday, 06 Jan 2010 | Volume7.Issue01
News BriefsFriday, 02 Oct 2009 | Volume6.Issue39
Meet The HeadSunday, 01 Feb 2009 | Islamic Finance News Guide 2009
IFN AwardsFriday, 30 Jan 2009 | Volume6.Issue04
Case Study