The growth and prospects of global Islamic finance
Tuesday, 03 Jan 2023 | Volume20.Issue01
Special ReportsSAUDI ARABIA: Saudi Top Trading Company secures Murabahah financing facility worth SAR10 million (US$2.66 million) from Saudi Export-Import Bank
SAUDI ARABIA: Saudi Central Bank grants Buy Now Pay Later permits to fintech firms Spotii and Madfu
GLOBAL: AAOIFI’s Accounting Board approves in principle exposure draft of financial accounting standard for institutions in hyperinflationary economies
SAUDI ARABIA: First Milling Company to raise up to SAR999 million (US$266.13 million) from upcoming IPO
SAUDI ARABIA: Fitch assigns Banque Saudi Fransi’s trust certificate issuance program with ‘A-/F2’ senior unsecured ratings
MALAYSIA: Sunway Healthcare Treasury issues Islamic medium-term note worth RM1 million (US$217,036) with one-year tenor
INDONESIA: State-owned Pegadaian to raise IDR2 trillion (US$133.49 million) through Sukuk and obligation issuances, local media report
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM22.74 billion (US$4.94 billion) in total
SAUDI ARABIA: Saudi Real Estate Refinance Company completes Sukuk issuance worth SAR3.5 billion (US$932.4 million)
SAUDI ARABIA: Gulf International Bank signs SAR1.07 billion (US$285.05 million) credit facility agreement with oil and gas contractor SAIPEM
OMAN: Asyad Group partners with crowdfunding platform Mamun to introduce supply chain financing solutions
KYRGYZSTAN: Intercascade Trade and Finance lodges Sukuk Mudarabah worth KGS750 million (US$8.56 million)
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities worth KWD240 million (US$778.5 million)
GAMBIA: Central Bank of The Gambia’s three-month, six-month and one-year Sukuk Salam facilities undersubscribed
INDONESIA: Investment platform Stockbit and Fullerton Fund jointly acquire Ayers Asia Asset Management
OMAN: Boards of directors of HSBC Bank Oman and Sohar International Bank approve terms of merger
MALAYSIA: Public Islamic Bank receives affirmed ‘AAA’ ratings from RAM
MALAYSIA: Serba Dinamik defaults on payment for term equity and financing facilities provided by Public Islamic Bank
MALAYSIA: RAM affirms ‘AA3/Stable’ rating on Solar Management (Seremban)’s RM260 million (US$56.42 million) ASEAN Green SRI Sukuk (2020/2038)
KUWAIT: Kuwait International Bank opens subscription to increase capital by offering shares worth KWD60 million (US$194.58 million)
UK: Al Rayan Bank to relocate headquarters to West End, London
SAUDI ARABIA: MEFIC CAPITAL appoints Bader Ibrahim Al Swailem and Khalid Hussain Al Gahtani as new independent members of MEFIC REIT board
US: SP Funds SPSK ETF surpasses US$100 million in assets under management
SAUDI ARABIA: Advanced Petrochemical Company obtains SAR2.2 billion (US$586.17 million) Shariah compliant credit facility from Alawwal Bank
MALAYSIA: SME Bank Malaysia issues Islamic medium-term note worth RM1 billion (US$217.01 million)
IRAN: Karun Airlines to issue Sukuk Murabahah worth IRR10 trillion (US$234.74 million), reports ch-aviation
MALAYSIA: Digi Telecommunications issues Islamic medium-term note worth RM1 billion (US$217.1 million) with seven-year tenor
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM22.3 billion (US$4.84 billion) in total
UAE: Dar Al Takaful’s board of directors to pass resolution by circulation to consider resignation of Shahab Lutfi Harmoozi
MALAYSIA: Funding Societies launches suite of Islamic financing solutions
MALAYSIA: Ministry of Finance launches Sustainable Investing Standards
UAE: Central Bank of the UAE issues initial approval to transfer individual life insurance of Dubai Islamic Insurance & Reinsurance Company to Abu Dhabi National Takaful Company
PAKISTAN: Salaam Takaful partners with online store Daraz to insure its delivery workers
BANGLADESH: Islamic investment platform Biniyog secures Shariah compliance certification from IFA Consultancy
MALAYSIA: Malacca Securities launches trading platform M+ Global
MALAYSIA: Alliance Bank signs MoU with TNG Digital to increase availability of digital financial solutions
PAKISTAN: Ahmed & Qazi engaged as legal counsel for eight Shariah and non-Shariah compliant REIT schemes
PAKISTAN: Securities & Exchange Commission of Pakistan issues requirements for grievance handling mechanism for insurance sector including Takaful
UAE: ENBD REIT’s total property portfolio value increases 3.9% to US$370 million for year ended 31st March 2023
QATAR: AM Best confirms ‘-a Stable’ credit rating on Qatar Islamic Insurance
MALAYSIA: Securities Commission Malaysia promotes capital market financing opportunities and investor education in state of Penang
SAUDI ARABIA: Saudi regulator approves Al Rajhi Capital’s public offering of four endowment funds
MALAYSIA: Securities Commission Malaysia sets up Advisory Committee on Sustainability Reporting
SAUDI ARABIA: Saudi regulator grants fintech experimental permit to start-up Smart Savings Company
OMAN: Crowdfunding platform Mamun appoints Dr Saleh Nasser Al Kharusi as Shariah advisor
MALAYSIA: Toyota Capital Malaysia issues Sukuk Musharakah worth RM150 million (US$32.58 million) with five-year tenor
MALAYSIA: Sunway Treasury Sukuk issues Sukuk Mudarabah worth RM100 million (US$21.72 million) with two-month tenor
MALAYSIA: RHB Bank issues RM1.5 billion (US$324.44 million) senior Sukuk Murabahah on 25th May 2023
MALAYSIA: Perbadanan Kemajuan Negeri Selangor issues Islamic medium-term note worth RM225 million (US$48.87 million) with two-year tenor
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM22.15 billion (US$4.81 billion) in total
Tuesday, 03 Jan 2023 | Volume20.Issue01
Special ReportsThursday, 08 Dec 2022 | Volume19.Issue50
IFN Correspondent ReportsThursday, 28 Jul 2022 | Volume19.Issue31
Rating UpdatesMonday, 28 Feb 2022 | Volume19.Issue09
IFN ReportsMonday, 31 Jan 2022 | Volume19.Issue05
IFN AnalysisMonday, 31 Jan 2022 | Volume19.Issue05
DealsFriday, 17 Dec 2021 | Volume19.Issue01
Daily Cover StoryTuesday, 14 Dec 2021 | Volume18.Issue50
Rating UpdatesTuesday, 16 Nov 2021 | Awards Report 2021
Case StudyWednesday, 25 Aug 2021 | Volume18.Issue35
IFN Correspondent ReportsFriday, 09 Jul 2021 | Volume18.Issue28
DealsFriday, 25 Jun 2021 | Volume18.Issue26
IFN ReportsThursday, 24 Jun 2021 | Volume18.Issue26
News BriefsMonday, 14 Jun 2021 | Volume18.Issue24
DealsFriday, 04 Jun 2021 | Volume18.Issue23
DealsTuesday, 25 May 2021 | IFN Roadshow OnAir Report 2021
IFN AnalysisTuesday, 13 Apr 2021 | Volume18.Issue15
DealsMonday, 05 Apr 2021 | Volume18.Issue14
DealsThursday, 01 Apr 2021 | Volume18.Issue14
DealsMonday, 29 Mar 2021 | Volume18.Issue13
DealsFriday, 26 Mar 2021 | Volume18.Issue13
DealsWednesday, 24 Mar 2021 | Volume18.Issue13
IFN ReportsThursday, 04 Mar 2021 | Volume18.Issue10
DealsThursday, 25 Feb 2021 | Volume18.Issue09
DealsMonday, 25 Jan 2021 | Volume18.Issue04
DealsMonday, 11 Jan 2021 | Volume18.Issue02
DealsTuesday, 05 Jan 2021 | Volume18.Issue01
DealsTuesday, 22 Dec 2020 | IFN Annual Guide 2021
FeaturesThursday, 10 Dec 2020 | Volume17.Issue50
DealsMonday, 07 Dec 2020 | Volume17.Issue49
DealsWednesday, 18 Nov 2020 | Volume17.Issue47
MovesWednesday, 18 Nov 2020 | Volume17.Issue47
DealsFriday, 06 Nov 2020 | Volume17.Issue45
DealsTuesday, 03 Nov 2020 | Volume17.Issue44
Cover StoryWednesday, 28 Oct 2020 | Volume17.Issue44
DealsMonday, 31 Aug 2020 | Volume17.Issue35
IFN Correspondent ReportsTuesday, 26 May 2020 | Volume17.Issue21
IFN AnalysisFriday, 10 Apr 2020 | Volume17.Issue15
ResultsFriday, 29 Nov 2019 | IFNC Volume4.Issue10
News BriefsFriday, 15 Nov 2019 | Volume16.Issue46
DealsTuesday, 01 Oct 2019 | Volume16.Issue39
IFN ReportsMonday, 30 Sep 2019 | IFN Turkey Dialogues 2019 Report
News BriefsWednesday, 25 Sep 2019 | Volume16.Issue39
DealsTuesday, 23 Jul 2019 | Volume16.Issue29
Special ReportsTuesday, 29 Jan 2019 | Volume16.Issue04
IFN AnalysisTuesday, 29 Jan 2019 | IFN Annual Guide 2019
FeaturesTuesday, 08 May 2018 | IFN WORLD LEADERS SUMMIT REPORT 2018
IFN AnalysisFriday, 30 Mar 2018 | Volume15.Issue14
IFN ReportsTuesday, 27 Mar 2018 | Volume15.Issue13
News BriefsTuesday, 02 Jan 2018 | Volume15.Issue01
News Briefs