Iran concludes 33rd bond auction
Wednesday, 13 Jan 2021 | Volume18.Issue03
DealsMALAYSIA: Mahadhir Aziz joins Malaysia Digital Economy Corporation as new CEO
BAHRAIN: Investcorp appoints Laura Coquis as new global head of institutions
SAUDI ARABIA: Hesham Abdulaziz Alzaid joins Bonyan REIT as independent board member
BAHRAIN: Al Baraka Islamic Bank signs agreement with Royal University for Women to provide education financing
INDONESIA: Wijaya Karya to issue three-tranche Sukuk Mudarabah worth IDR750 billion (US$52.58 million)
UAE: Meraas Holding to tender existing dollar Sukuk for cash; eyes new Sukuk
MALAYSIA: Gas Malaysia Distribution sells RM190 million (US$45.68 million) Islamic commercial paper
MALAYSIA: Bank Negara Malaysia issues two Shariah papers
OMAN: Alizz Islamic Bank supports IFN Oman Forum 2021 as partner
GLOBAL: AAOIFI approves and issues Shari’ah Standard 61 ‘Payment Cards’ developed in cooperation with Visa
GLOBAL: AAOIFI issues exposure draft of standard for conventional financial institutions offering Islamic financial services
LIBYA: Central Bank of Libya discusses Agricultural Bank’s legal and financial difficulties
MALAYSIA: Bank Negara Malaysia issues exposure draft on bancassurance and bancaTakaful
MALAYSIA: AEON Credit Service to acquire 100% interest in shares of Insurepro
GLOBAL: Accounting Board of AAOIFI approves issuance of Takaful exposure draft
KUWAIT: Central Bank of Kuwait launches new payments and settlement system for local banks
IRAN: Central Bank of Iran signs MoU with Judiciary to jointly curb fraud and banking and financial crimes
GLOBAL: IFSB to conduct online executive program on managing digital transformation risks for Islamic financial institutions
SAUDI ARABIA: Majed Diaauddin Kareem resigns as independent board member of Swicorp Wabel REIT
SAUDI ARABIA: Al Moammar Information Systems and Al Rajhi Capital to jointly launch Shariah compliant special investment fund focused on tech and digital infrastructure
SAUDI ARABIA: Al Moammar Information Systems and Al Rajhi Capital to jointly launch Shariah compliant special investment fund focused on tech and digital infrastructure
BAHRAIN: Al Baraka Banking Group reappoints SICO as designated market maker
SAUDI ARABIA: Allied Cooperative Insurance Group appoints Mohamed Abdullah Ghadi as acting CEO
KUWAIT: Ahli United Bank mandates banks to arrange investor calls for a fixed-rate senior Sukuk offering
UAE: Dubai Islamic Bank mulls US$500 million senior Sukuk issuance
MALAYSIA: Sunway Treasury Sukuk prints RM20 million (US$4.81 million) Islamic commercial paper
MALAYSIA: Maxis Broadband sells three Islamic medium-term notes totaling RM700 million (US$168.28 million)
INDONESIA: Indonesia targets IDR10 trillion (US$700.99 million) in upcoming Sukuk auction
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers oversubscribed
MALAYSIA: Bank Negara Malaysia issues two Shariah papers
UAE: SHUAA Capital announces resignation of Abubaker Seddiq Al Khoori as board director
SAUDI ARABIA: Joy Linton resigns as non-executive board member of Bupa Arabia for Cooperative Insurance Company
MALAYSIA: Maxis Broadband’s Sukuk Murabahah worth RM400 million (US$98.73 million) canceled in open market
GLOBAL: SEDCO Capital acquires 1899 Pennsylvania Avenue office building in US alongside three partners
MALAYSIA: Bank Simpanan Nasional appoints Jay Khairil Jeremy Abdullah as new chief executive
TURKEY: Ministry of Treasury and Finance of Turkey issues lease certificates worth EUR697.36 million (US$838.95 million)
MALAYSIA: Sunway Treasury Sukuk places Mudarabah-based Islamic commercial paper
MALAYSIA: Gas Malaysia Distribution prints RM210 million (US$51.83 million) Islamic commercial paper
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers oversubscribed
BAHRAIN: Central Bank of Bahrain’s BHD26 million (US$68.57 million) Sukuk Ijarah offering oversubscribed
MALAYSIA: Malaysia issues RM4.5 billion (US$1.11 billion) Government Investment Issue Murabahah paper
MALAYSIA: Bursa Malaysia records best full-year financial results in 2020 since 2005 listing
KUWAIT: Kamco Invest records over US$2.6 billion in 2020 from six Sukuk and conventional bond transactions
SAUDI ARABIA: Lendo joins Google for Startups Accelerator program for MENA
GLOBAL: IsDB Group private sector entities to hold webinar on Arab–Africa Trade Bridges program
INDONESIA: Bank Syariah Indonesia on the hunt for strategic investors from the Middle East
KUWAIT: Warba Bank appoints Mohammad Musaed Mandani as director of legal department
UAE: Islamic vehicle insurance sales surge to 65% in 2020 from 25% in 2018 on comparison website Yallacompare
UK: New commodity Murabahah platform enters market as Tullet Prebon launches Fusion Islamic Finance
SAUDI ARABIA: Bader Khalid Al Anzi resigns as CEO of Solidarity Saudi Takaful Company
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