Developing the Islamic secondary market in Africa
Monday, 28 May 2018 | Volume15.Issue22
FeaturesSAUDI 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)
SAUDI ARABIA: 2P Perfect Presentation renews Shariah compliant facility with Saudi Awwal Bank worth SAR80 million (US$21.32 million)
GLOBAL: IsDB Institute and Arab Monetary Fund hold third session of capacity-building program on AAOIFI accounting standards
TURKIYE: Turkiye government collects 10.79 kilograms of gold for lease certificates
PAKISTAN: Pakistan Stock Exchange lists government’s discounted Sukuk Ijarah with total realized amount of PKR19.7 billion (US$70.74 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM15.86 billion (US$3.32 billion) in total
MALAYSIA: Sunway Treasury Sukuk issues two Islamic commercial papers worth RM60 million (US$12.57 million) in total
INDONESIA: Indonesian Ministry of Finance to raise IDR11 trillion (US$682.17 million) through Sukuk auction on 23rd April 2024
MALAYSIA: Global Vision Logistics sells Islamic medium-term note worth RM50 million (US$10.48 million)
BANGLADESH: Bangladesh Bank accepts bids worth BDT19 billion (US$170.61 million) for Islamic Banks Liquidity Facility offerings
GLOBAL: Michael Krautzberger to leave BlackRock in June; Simon Blundell takes over as head of European fixed income investments, Citywire reports
MALAYSIA: Bank Negara Malaysia auctions Islamic papers; raises RM17.75 billion (US$3.72 billion)
KUWAIT: Kuwaiti regulator authorizes offering of Watani Investment Company’s second euro-denominated Islamic leasing fund
PAKISTAN: State Life Insurance Corporation of Pakistan records 122% increase in Takaful contributions in 2023, Pakistan & Gulf Economist reports
SOUTH AFRICA: University of the Western Cape begins offering Islamic studies for undergraduate students
MALAYSIA: Hong Leong Islamic Bank files suit against Sarawak Cable subsidiary for owed sum of RM78.3 million (US$16.48 million)
PAKISTAN: Central Directorate of National Savings of Pakistan records PKR50 billion (US$178.95 million) in Islamic bonds for Q2 of fiscal year 2023–24
AZERBAIJAN: Azerbaijan’s Economic Council discusses Islamic finance and banking implementation in meeting
PAKISTAN: Bank Alfalah appoints Arif Habib to manage offer to acquire 84.51% of Samba Bank shares
TANZANIA: Tanzania Commercial Bank intends to open Islamic banking window by end of 2024, Daily News reports
PAKISTAN: Pakistani government raises PKR22.87 billion (US$82.06 million) through Sukuk Ijarah auction on Pakistan Stock Exchange
GAMBIA: Gambia raises GMD20 million (US$294,118) through Sukuk Salam issuances
MALAYSIA: Bank Negara Malaysia prints Islamic facility worth RM18.98 billion (US$4 billion)
PAKISTAN: Pakistani regulator approves regulations facilitating Shariah compliant brokerage services; grants license to Islamic firm
KENYA: Hustler Fund initiative to be Shariah compliant, President William Ruto promises
BAHRAIN: Bahrain Islamic Bank partners with Manazel Real Estate to offer financing
GLOBAL: IFN welcomes new correspondent for education
Monday, 28 May 2018 | Volume15.Issue22
FeaturesTuesday, 22 May 2018 | Volume15.Issue21
FeaturesTuesday, 27 Mar 2018 | Volume15.Issue13
Editor`s NotesTuesday, 27 Mar 2018 | Volume15.Issue13
ReportsTuesday, 20 Mar 2018 | Volume15.Issue12
FeaturesTuesday, 13 Feb 2018 | Volume15.Issue07
ReportsTuesday, 06 Feb 2018 | Volume15.Issue06
Special ReportsFriday, 02 Feb 2018 | Volume15.Issue06
Correspondent ReportsTuesday, 16 Jan 2018 | Volume15.Issue03
ReportsTuesday, 26 Dec 2017 | IFN Annual Guide 2018
FeaturesMonday, 04 Dec 2017 | Volume14.Issue49
FeaturesThursday, 30 Nov 2017 | Volume14.Issue49
TakafulTuesday, 21 Nov 2017 | Volume14.Issue47
ReportsTuesday, 31 Oct 2017 | Volume14.Issue44
Cover StoryTuesday, 19 Sep 2017 | Volume14.Issue38
AnalysesFriday, 15 Sep 2017 | Volume14.Issue38
Correspondent ReportsTuesday, 12 Sep 2017 | Volume14.Issue37
AnalysesFriday, 08 Sep 2017 | Volume14.Issue37
ReportsMonday, 04 Sep 2017 | Volume14.Issue36
TakafulWednesday, 30 Aug 2017 | Volume14.Issue36
TakafulTuesday, 01 Aug 2017 | Volume14.Issue31
ReportsFriday, 28 Jul 2017 | Volume14.Issue31
ReportsTuesday, 18 Jul 2017 | Volume14.Issue29
Correspondent ReportsMonday, 17 Jul 2017 | Volume14.Issue29
ReportsTuesday, 11 Jul 2017 | Volume14.Issue28
AnalysesTuesday, 04 Jul 2017 | Volume14.Issue27
AnalysesTuesday, 13 Jun 2017 | Volume14.Issue24
AnalysesWednesday, 07 Jun 2017 | Volume14.Issue24
TakafulTuesday, 23 May 2017 | Volume14.Issue21
AnalysesTuesday, 16 May 2017 | Volume14.Issue20
ReportsThursday, 11 May 2017 | Volume14.Issue20
News BriefsTuesday, 02 May 2017 | Volume14.Issue18
AnalysesTuesday, 11 Apr 2017 | Volume14.Issue15
AnalysesMonday, 10 Apr 2017 | Volume14.Issue15
Correspondent ReportsMonday, 03 Apr 2017 | Volume14.Issue14
News BriefsWednesday, 22 Mar 2017 | Special Awards Report 2017
IFN AwardsTuesday, 14 Mar 2017 | Volume14.Issue11
Editor`s NotesWednesday, 08 Mar 2017 | Volume14.Issue11
Correspondent ReportsTuesday, 07 Mar 2017 | Volume14.Issue10
AnalysesTuesday, 14 Feb 2017 | Volume14.Issue07
TakafulFriday, 03 Feb 2017 | Volume14.Issue06
TakafulFriday, 16 Dec 2016 | IFN Annual Guide 2017
ReportsWednesday, 14 Dec 2016 | Volume13.Issue50
FeaturesWednesday, 16 Nov 2016 | Volume13.Issue46
FeaturesMonday, 14 Nov 2016 | Volume13.Issue46
ResultsThursday, 20 Oct 2016 | Volume13.Issue43
ResultsTuesday, 18 Oct 2016 | Volume13.Issue42
Cover StoryWednesday, 21 Sep 2016 | Volume13.Issue38
AnalysesWednesday, 14 Sep 2016 | Volume13.Issue37
AnalysesWednesday, 17 Aug 2016 | Volume13.Issue33
Reports