Bahraini state-owned Oil and Gas Holding Company secures US$200 million Islamic syndicated financing facility
Monday, 30 Jan 2023 | Volume20.Issue05
IFN ReportsMALAYSIA: Emraz Travel & Tours expects 12,000 pilgrims to use AmBank Islamic’s Umrah financing this year, Bernama reports
SAUDI ARABIA: Al-Etihad Cooperative Insurance Co to provide coverage for Saudi National Bank
SAUDI ARABIA: Islamic crowdfunding platform Raqamyah secures license from Saudi Central Bank
SAUDI ARABIA: Saudi Capital Market Authority grants fintech experimental permit to Rakeez Capital
MALAYSIA: pitchIN raises funds from Malaysian Technology Development Corporation and Gobi Partners
MALAYSIA: Bank Islam Malaysia appoints Anthony Tai as group chief information security officer
UAE: Net asset value of ENBD REIT reach US$173 million in third quarter of 2022, reports TradeArabia
GLOBAL: Blockchain Takatech start-up Takadao signs MoU with MRHB Network
MALAYSIA: Elzar Shariah Solution grants Rural Capital with Shariah compliance certificate and Shariah pronouncement
US: Fursa Capital’s Islamic crowdfunding platform beta test goes live
BAHRAIN: Tamkeen signs partnership agreements with five insurance companies to train Bahrainis to become qualified actuaries
SAUDI ARABIA: Saudi Arabia’s King Salman appoints Ayman Muhammad Al-Sayyari as new governor of Saudi Central Bank
UAE: Dubai Islamic Bank to issue dollar-denominated sustainable Sukuk under US$7.5 billion issuance program, Reuters reports
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth up to RM33.3 billion (US$7.82 billion)
BANGLADESH: Bangladesh Bank auctions Islamic Banks Liquidity Facility receiving bids worth up to BDT40.65 billion (US$376.97 million)
PAKISTAN: Kistpay partners with Zindgi to offer financing options for smartphone purchases
MALAYSIA: Serba Dinamik Holdings and three subsidiaries apply for temporary stay of winding-up order by Malaysian High Court
SAUDI ARABIA: Saudi regulator approves Allianz Saudi Fransi Cooperative’s motor insurance products
MALAYSIA: RAM lifts rating watch on Besraya (M)’s RM700 million (US$164.5 million) Sukuk Mudarabah; upgrades to ‘AA2’
SAUDI ARABIA: Information technology firm Perfect Presentation for Commercial Services Co secures Islamic banking facility from GIB worth up to SAR50 milllion (US$13.31 million)
RUSSIA: Russia starts experimental pilot project implementing Islamic finance in Muslim-majority regions, Anadolu Agency reports
NIGERIA: Sterling Bank Group’s total assets reach NGN1.87 trillion (US$4.06 billion) in 2022
MALAYSIA: SkyWorld Capital proposes Islamic medium-term note/commercial paper programs worth RM300 million (US$70.3 million); receives ratings of ‘AIS(cg)/MARC-1IS(cg)’ respectively
PAKISTAN: Pakistani fintech Digitt Plus to offer Shariah compliant services under its soon-to-be launched super app; to commence pilot project
NIGERIA: Jaiz Bank’s total assets increase to NGN378 billion (US$819.93 million) in 2022
UAE: UAE Ministerial Development Council discusses policies and initiatives including Sukuk restructuring project, Gulf News reports
INDONESIA: Hassana Boga Sejahtera’s shares join regulator’s list of Shariah securities
SAUDI ARABIA: Saudi Real Estate Refinance Co to issue US dollar Sukuk worth up to US$500 million during first half of 2023, Reuters reports
UK: Gatehouse Bank launches online decision-in-principle facility for qualifying customers
INDONESIA: Otoritas Jasa Keuangan deems Aviana Sinar Abadi’s shares as Shariah compliant
KUWAIT: Kuwait International Bank board approves proposal to sell Al-Dajeej land to unidentified interested party
UAE: Central Bank of the UAE raises base rate of overnight deposit facility by 25bps
KUWAIT: Warba Bank appoints Ahmad Faisal Yousef Al Qatami as chief retail banking officer
GLOBAL: International Islamic Liquidity Management Corporation to auction US$920 million Sukuk in three tranches
QATAR: Masraf Al Rayan’s total assets decrease by 4% in 2022
KUWAIT: Boubyan Bank’s total consolidated assets increase to KWD7.9 billion (US$25.81 billion) in 2022
KUWAIT: Kuwait Finance House’s long-term IDR at ‘A’ with stable outlook, Fitch says
SAUDI ARABIA: Al Rajhi Bank records 16.31% year-on-year growth in annual net profit to SAR17.15 billion (US$4.57 billion) for 2022
MALAYSIA: RAM lifts rating watch on Besraya (M)’s RM700 million (US$164.5 million) Sukuk Mudarabah; upgrades to ‘AA2’
SAUDI ARABIA: Saudi Central Bank announces insurance sector’s adoption of International Financial Reporting Standards
GAMBIA: Central Bank of Gambia’s Sukuk Salam facilities oversubscribed
INDONESIA: CIMB Niaga Auto Finance conducts public offering for Sukuk Wakalah Bi Al Istithmar I worth IDR1 trillion (US$66.59 million)
BAHRAIN: Central Bank of Bahrain’s monthly short-term Sukuk Ijarah offering worth BHD26 million (US$68.54 million) oversubscribed
BANGLADESH: Bangladesh Bank auctions three-month Bangladesh Government Islami Investment Bond and liquidity facilities
INDONESIA: Indonesia’s Takaful sector faces long-term challenges amid growing market share, says Fitch Ratings
SAUDI ARABIA: Arabian Shield for Cooperative Insurance Co renews license with Council of Cooperative Health Insurance
KUWAIT: Fitch affirms Boubyan Bank’s long-term issuer default rating at ‘A’ with stable outlook
GLOBAL: IsDB Institute and Dubai’s Department of Economy and Tourism reaffirm technical partnership
SAUDI ARABIA: Saudi Investment Bank commences offering of second tranche of Tier 1 Sukuk
SAUDI ARABIA: Development Works Food opens SAR5 million (US$1.33 million) Sukuk offering to institutional and retail investors
Monday, 30 Jan 2023 | Volume20.Issue05
IFN ReportsFriday, 20 Jan 2023 | Volume20.Issue04
ColumnFriday, 20 Jan 2023 | Volume20.Issue04
IFN ReportsThursday, 19 Jan 2023 | Volume20.Issue04
IFN ReportsTuesday, 17 Jan 2023 | Volume20.Issue03
Back to BasicsMonday, 16 Jan 2023 | Volume20.Issue03
News BriefsTuesday, 10 Jan 2023 | Volume20.Issue02
Back to BasicsFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesFriday, 16 Dec 2022 | IFN Annual Guide 2023
FeaturesThursday, 15 Dec 2022 | ISFI Annual Report 2022
Editor`s NoteThursday, 15 Dec 2022 | ISFI Annual Report 2022
ChapterThursday, 15 Dec 2022 | ISFI Annual Report 2022
ChapterThursday, 15 Dec 2022 | ISFI Annual Report 2022
ChapterThursday, 15 Dec 2022 | ISFI Annual Report 2022
ChapterTuesday, 13 Dec 2022 | Volume19.Issue50
Cover StoryTuesday, 13 Dec 2022 | Volume19.Issue50
Special ReportsTuesday, 06 Dec 2022 | Volume19.Issue49
Special ReportsFriday, 02 Dec 2022 | Volume19.Issue49
IFN Correspondent ReportsThursday, 01 Dec 2022 | Volume19.Issue49
IFN ReportsTuesday, 29 Nov 2022 | Volume19.Issue48
Cover StoryTuesday, 29 Nov 2022 | Volume19.Issue48
Special ReportsFriday, 25 Nov 2022 | Volume19.Issue48
News BriefsWednesday, 23 Nov 2022 | Volume19.Issue48
News BriefsTuesday, 22 Nov 2022 | Volume19.Issue47
Cover StoryTuesday, 22 Nov 2022 | Volume19.Issue47
Special ReportsMonday, 14 Nov 2022 | Volume19.Issue46
IFN ReportsMonday, 14 Nov 2022 | Volume19.Issue46
News BriefsFriday, 11 Nov 2022 | Volume19.Issue46
News BriefsWednesday, 09 Nov 2022 | Volume19.Issue46
News BriefsTuesday, 08 Nov 2022 | Volume19.Issue45
FeaturesTuesday, 08 Nov 2022 | Volume19.Issue45
News BriefsMonday, 07 Nov 2022 | Volume19.Issue45
News BriefsFriday, 04 Nov 2022 | Volume19.Issue45
News BriefsTuesday, 25 Oct 2022 | Volume19.Issue43
FeaturesFriday, 21 Oct 2022 | Volume19.Issue43
News BriefsThursday, 20 Oct 2022 | Volume19.Issue43
News BriefsTuesday, 27 Sep 2022 | Volume19.Issue39
Cover StoryTuesday, 27 Sep 2022 | Volume19.Issue39
Special ReportsWednesday, 14 Sep 2022 | Volume19.Issue38
News BriefsTuesday, 13 Sep 2022 | Volume19.Issue37
IFN Correspondent ReportsWednesday, 07 Sep 2022 | Volume19.Issue37
Takaful NewsTuesday, 06 Sep 2022 | Volume19.Issue36
Cover StoryTuesday, 26 Jul 2022 | Volume19.Issue30
Back to BasicsFriday, 22 Jul 2022 | Volume19.Issue30
News Briefs