Albilad Sukuk Fund secures CMA approval
Monday, 19 Dec 2022 | Volume20.Issue01
Asset ManagementSAUDI 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
Monday, 19 Dec 2022 | Volume20.Issue01
Asset ManagementMonday, 19 Dec 2022 | Volume20.Issue01
Asset ManagementMonday, 19 Dec 2022 | Volume20.Issue01
MovesMonday, 19 Dec 2022 | Volume20.Issue01
DealsMonday, 19 Dec 2022 | Volume20.Issue01
Takaful NewsMonday, 19 Dec 2022 | Volume20.Issue01
Takaful NewsMonday, 19 Dec 2022 | Volume20.Issue01
News BriefsMonday, 19 Dec 2022 | Volume20.Issue01
News BriefsMonday, 19 Dec 2022 | Volume20.Issue01
News BriefsMonday, 19 Dec 2022 | Volume20.Issue01
MovesMonday, 19 Dec 2022 | Volume20.Issue01
MovesMonday, 19 Dec 2022 | Volume20.Issue01
MovesMonday, 19 Dec 2022 | Volume20.Issue01
DealsMonday, 19 Dec 2022 | Volume20.Issue01
DealsMonday, 19 Dec 2022 | Volume20.Issue01
DealsMonday, 19 Dec 2022 | Volume20.Issue01
DealsMonday, 19 Dec 2022 | Volume20.Issue01
DealsFriday, 16 Dec 2022 | Volume20.Issue01
Rating UpdatesTuesday, 13 Dec 2022 | General
News Briefs