2016 – a challenging year
Wednesday, 17 Feb 2016 | Volume13.Issue07
ColumnQATAR: Masraf Al Rayan announces net profit of QAR2.18 billion (US$590.25 million) for the year ended 31st December 2020
SAUDI ARABIA: Mambu and Ta3meed partner up to provide Shariah compliant financing solutions to Saudi SMEs
PAKISTAN: Pakistan’s federal cabinet approves tax exemption on profits gained through international Sukuk issuances under government programs
GLOBAL: Warba Bank and software developer Eurisko Mobility Power collaborate for banking digital transformation
IRAN: Dr Hasan Ghalibaf Asl tenders resignation as chairman of Iran’s Securities and Exchange Organization
PAKISTAN: Meezan Bank announces direct integration with Visa for routing settlement of card transactions
OMAN: Alizz Islamic Bank appoints Sheikh Dr Essam Khalaf Al Anzi as chairman of Sharia Supervisory Board
UAE: Abu Dhabi Islamic Bank launches healthcare-focused equities basket note with a minimum investment of US$50,000
SAUDI ARABIA: Alkhabeer Diversified Income Traded Fund lists on Saudi Stock Exchange’s Main Market for trading
SAUDI ARABIA: Riyad Bank to establish Sukuk program worth up to SAR10 billion (US$2.66 billion)
SAUDI ARABIA: Al-Bilad Saudi Sovereign Sukuk Traded Fund starts registration process with General Authority of Zakat and Tax
INDONESIA: Indonesia to conduct Sukuk auction with indicative target of IDR14 trillion (US$993.34 million)
GLOBAL: International Islamic Liquidity Management Corporation sells US$1.15 billion in short-term Sukuk
GAMBIA: Central Bank of Gambia concludes Sukuk Salam auction
KUWAIT: Central Bank of Kuwait prints KWD240 million (US$789.7 million)-worth of bonds and related Tawarruq papers
MALAYSIA: Cagamas places RM300 million (US$74.03 million)-worth of Islamic commercial papers
MALAYSIA: Bank Negara Malaysia prints three Shariah papers amounting to RM18.17 billion (US$4.49 billion)
TURKEY: Albaraka Turk Katilim Bankasi issues 71-day domestic lease certificates
IRAQ: Central Bank of Iraq cancels two Islamic banking resolutions
MALAYSIA: Mohamed Adam Wee Abdullah leaves group chief marketing officer position at CIMB Group
INDONESIA: Permodalan Nasional Madani issues IDR712 billion (US$50.41 million) Sukuk Mudarabah paper
YEMEN: Aden-based Yemeni central bank issues circular to control foreign exchange speculation and associated price fluctuations
PALESTINE: IsDB and Palestine sign two agreements worth US$4 million
SAUDI ARABIA: Emaar The Economic City signs framework cooperation agreement to establish SAR1.8 billion (US$479.37 million) private investment fund
BANGLADESH: Bangladesh’s finance ministry secures US$47 million credit line from IsDB to support SMEs
BANGLADESH: Bangladesh Bank appoints Deputy Governor Ahmed Jamal as board director
SAUDI ARABIA: Capital Market Authority fines former board of directors of Saudi Indian Company for Cooperative Insurance for violating corporate governance rules
QATAR: Qatar Islamic Insurance Group enters into three-year digital transformation agreement with SAP
QATAR: Qatar First Bank acquires real estate in Messila for QAR262.5 million (US$70.73 million)
OMAN: National Bank of Oman further enhances Quick Response code payments as contactless payments gain prominence
KUWAIT: National Bank of Kuwait launches Business Banking Plus service to support SME owners
MALAYSIA: HSBC Malaysia rolls out ethical charity feature for HSBC Amanah credit cards
BANGLADESH: Bangladesh Bank auctions two Bangladesh Government Islami Investment Bonds
MALAYSIA: Malaysian government prints Malaysian Islamic Treasury Bill worth RM2 billion (US$493.51 million)
TURKEY: Turkiye Emlak Katilim Bankasi sells TRY154.96 million (US$20.67 million)-worth of lease certificates
SAUDI ARABIA: Al Rajhi Company for Cooperative Insurance calls for board membership nominations
MALAYSIA: Inland Revenue Board of Malaysia centralizes and decentralizes certain categories of taxpayer files
MALAYSIA: Bank Islam Malaysia extends Revolving Credit-i facility worth up to RM16 million (US$3.96 million) to Thriven Global
SAUDI ARABIA: Salman Nasser Al-Hawawi resigns as independent member of Malath Cooperative Insurance Company’s board
PAKISTAN: Government of Pakistan issues Sukuk Ijarah worth PKR8.25 billion (US$51.39 million) at 9.45% fixed rental rate
GLOBAL: Investcorp acquires software as a service e-commerce solutions provider Unilog
SUDAN: Al Salam Bank Sudan records total assets worth SDG8.05 billion (US$145.09 million) in 2020
QATAR: Qatar Islamic Bank reports net profit of QAR3.07 billion (US$835.94 million) as at end of December 2020
NIGERIA: TAJBank seeks national license from Central Bank of Nigeria for expansion plans
UK: Crowdtolive launches platform for purchasing residential property in the UK under Musharakah structure
MALAYSIA: PayHalal appointed as digital Zakat collection channel by Kelantan Islamic Religious and Malay Customs Council
QATAR: College of Islamic Studies at Hamad Bin Khalifa University launches new volume of Astrolabe featuring papers by graduate students
QATAR: Barwa Real Estate Company signs QAR600 million (US$163.38 million) financing agreement with Qatar Islamic Bank
SAUDI ARABIA: Middle East Paper Company renews SAR101 million (US$26.89 million) Islamic financing facility with Riyad Bank
GLOBAL: Bank of Bahrain and Kuwait and Ithmaar Holding agree on list of assets for potential acquisition
Wednesday, 17 Feb 2016 | Volume13.Issue07
ColumnWednesday, 20 Jan 2016 | Volume13.Issue03
ColumnTuesday, 15 Dec 2015 | Volume12.Issue50
ColumnWednesday, 18 Nov 2015 | Volume12.Issue46
ColumnWednesday, 21 Oct 2015 | Volume12.Issue42
ColumnWednesday, 16 Sep 2015 | Volume12.Issue37
ColumnWednesday, 19 Aug 2015 | Volume12.Issue33
ColumnWednesday, 17 Jun 2015 | Volume12.Issue24
ColumnWednesday, 22 Apr 2015 | Volume12.Issue16
ColumnWednesday, 18 Mar 2015 | Volume12.Issue11
ColumnWednesday, 18 Feb 2015 | Volume12.Issue07
ColumnWednesday, 21 Jan 2015 | Volume12.Issue03
ColumnWednesday, 19 Nov 2014 | Volume11.Issue46
ColumnWednesday, 15 Oct 2014 | Volume11.Issue41
ColumnWednesday, 17 Sep 2014 | Volume11.Issue37
ColumnWednesday, 20 Aug 2014 | Volume11.Issue33
ColumnWednesday, 16 Jul 2014 | Volume11.Issue28
ColumnWednesday, 18 Jun 2014 | Volume11.Issue24
ColumnWednesday, 21 May 2014 | Volume11.Issue20
ColumnWednesday, 16 Apr 2014 | Volume11.Issue15
ColumnWednesday, 12 Feb 2014 | Volume11.Issue06
ColumnWednesday, 22 Jan 2014 | Volume11.Issue03
ColumnWednesday, 11 Dec 2013 | Volume10.Issue49
ColumnWednesday, 20 Nov 2013 | Volume10.Issue46
ColumnThursday, 17 Oct 2013 | Volume10.Issue41
ColumnWednesday, 18 Sep 2013 | Volume10.Issue37
ColumnTuesday, 13 Aug 2013 | Volume10.Issue32
ColumnWednesday, 17 Jul 2013 | Volume10.Issue28
ColumnWednesday, 19 Jun 2013 | Volume10.Issue24
ColumnWednesday, 15 May 2013 | Volume10.Issue19
ColumnWednesday, 17 Apr 2013 | Volume10.Issue15
ColumnWednesday, 20 Mar 2013 | Volume10.Issue11
ColumnWednesday, 20 Feb 2013 | Volume10.Issue07
ColumnWednesday, 16 Jan 2013 | Volume10.Issue02
ColumnWednesday, 19 Dec 2012 | Volume9.Issue50
ColumnWednesday, 21 Nov 2012 | Volume9.Issue46
ColumnWednesday, 17 Oct 2012 | Volume9.Issue41
ColumnWednesday, 19 Sep 2012 | Volume9.Issue37
ColumnThursday, 23 Aug 2012 | Volume9.Issue33
ColumnWednesday, 18 Jul 2012 | Volume9.Issue28
ColumnWednesday, 16 May 2012 | Volume9.Issue19
ColumnWednesday, 18 Apr 2012 | Volume9.Issue15
ColumnWednesday, 21 Mar 2012 | Volume9.Issue11
ColumnWednesday, 22 Feb 2012 | Volume9.Issue07
ColumnWednesday, 18 Jan 2012 | Volume9.Issue02
ColumnWednesday, 26 Oct 2011 | Volume8.Issue42
ColumnWednesday, 24 Aug 2011 | Volume8.Issue33
ColumnWednesday, 20 Jul 2011 | Volume8.Issue28
ColumnWednesday, 22 Jun 2011 | Volume8.Issue24
ColumnWednesday, 06 Apr 2011 | Volume8.Issue13
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