Islamic Banks in Indonesia – Overcoming the Hurdles
Wednesday, 24 Feb 2010 | Volume7.Issue08
FeaturesBAHRAIN: Central Bank of Bahrain’s monthly Sukuk Ijarah oversubscribed; receives subscriptions worth BHD120.17 million (US$316.81 million)
MALAYSIA: Investment company Sunway auctions Islamic paper worth RM60 million (US$12.85 million)
TURKIYE: Kuveyt Turk Katilim Bankasi raises TRY100 million (US$3.45 million) through lease certificate
MALAYSIA: Property developer Gamuda Land sells Islamic commercial paper worth RM100 million (US$21.42 million)
TURKIYE: Balsu Gida sells three-month lease certificate worth TRY150 million (US$5.18 million)
INDONESIA: GoPay and Bank Jago launch GoPay Tabungan Syariah by Jago
UAE: Aafaq Islamic Finance adopts Dubai Multi Commodities Centre’s tradeflow platform
SAUDI ARABIA: Zahrat Al Waha for Trading Company renews financing with Arab National Bank worth SAR145 million (US$38.63 million)
SAUDI ARABIA: Watani Iron Steel Company secures Islamic facilities agreement worth SAR70l.5 million (US$18.78 million) from Bank Al Bilad
MALAYSIA: SME Development Bank Malaysia issues Islamic commercial papers worth RM380 million (US$81.27 million) in total
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM28.55 billion (US$6.11 billion) in total
US: Gulf Financial House exits from US student housing portfolio
KUWAIT: Saleh M Al Anazi resigns as as AML/CFT compliance officer at Warba Bank
PAKISTAN: Pakistan Stock Exchange to hold its first auction of government Sukuk Ijarah today
SAUDI ARABIA: Awaed Alosool Capital launches Shariah compliant investment platform for Saudis
PAKISTAN: Meezan Bank to provide Shariah compliant housing finance to employees of Raqami Bank
MALAYSIA: UEM Olive Capital issues Islamic medium-term note worth RM100 million (US$21.4 million)
TURKIYE: QNB Finans Finansal Kiralama issues Sukuk worth TRY500 million (US$17.28 million)
UAE: Sobha Realty repurchases and cancels Sukuk worth US$15 million
UAE: Abu Dhabi Securities Exchange to list Abu Dhabi Islamic Bank’s US$500 million green Sukuk on 8th December 2023
BANGLADESH: Union Bank appoints Jahangir Alam as deputy managing director
GAMBIA: Central Bank of The Gambia’s Sukuk Salam facility worth GMD5 million (US$73,512.5) undersubscribed
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM30.3 billion (US$6.49 billion)
GLOBAL: Shelter Afrique partners with IsDB Institute to offer Islamic housing finance products
PAKISTAN: Securities and Exchange Commission of Pakistan partners with AAOIFI to establish joint research and development center
INDONESIA: Permodalan Nasional Madani Ventura Syariah registers Sukuk on Indonesia Central Securities Depository
GLOBAL: International Islamic Liquidity Management Corporation auctions short-term Sukuk papers worth US$790 million in total
GLOBAL: AAOIFI releases exposure draft standard on financial reporting for Islamic investment institutions
TURKIYE: Turkish Grain Board sells Sukuk worth TRY930 million (US$32.14 million)
TURKIYE: Kuveyt Turk Katilim Bankasi issues Sukuk worth TRY500 million (US$17.28 million)
INDONESIA: Indonesia raises IDR9.14 trillion (US$589.92 million) through sovereign Shariah securities series auction
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM34.14 billion (US$7.31 billion) in total
SAUDI ARABIA: Knowledge Tower Training Company secures facility worth SAR5 million (US$1.33 million) from Al Rajhi Bank
SAUDI ARABIA: Halwani Bros Company renews Islamic financing worth SAR150 million (US$39.96 million) with Banque Saudi Fransi
UAE: Maha AlQattan resigns as board member of SHUAA Capital
MALAYSIA: Affin Bank appoints Mohammad Fairuz Mohd Radi as executive director of group community banking
INDONESIA: Otoritas Jasa Keuangan declares Maja Agung Latexindo shares as Shariah compliant
SAUDI ARABIA: Abdullah Ibrahim Al-Subaie Investment Company transfers part of investment shares in Bank Albilad to its investment fund
SAUDI ARABIA: Company for Cooperative Insurance appoints Abdulaziz Mohammed Alsedeas as chairman of audit committee
UAE: Dubai International Financial Centre launches Sustainable Finance Catalyst to enhance sustainable finance initiatives
UAE: Dubai Financial Services Authority to waive all regulatory fees for sustainability-related listings
EGYPT: International Finance Corporation and Al Baraka Bank Egypt to enhance financial access for MSMEs in Egypt
KUWAIT: Ekttitab Holding Company appoints Wael Sayed Al Sayed as legal researcher and compliance officer
SAUDI ARABIA: Saudi Capital Market Authority approves amendments to regulations for capital market institutions
GLOBAL: Islamic Corporation for the Insurance of Investment and Export Credit launches climate change policy framework
PAKISTAN: IsDB provides US$100 million loan to finance Pakistan’s polio eradication efforts
MALAYSIA: Bursa Carbon Exchange partners with key entities during COP28
PAKISTAN: State Bank of Pakistan conducts Shariah compliant Mudarabah-based open market operation liquidity injection
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM30.56 billion (US$6.55 billion) in total
SAUDI ARABIA: Al Moammar Information Systems Company signs three-year contract with Zakat, Tax, and Customs Authority
Wednesday, 24 Feb 2010 | Volume7.Issue08
FeaturesWednesday, 17 Feb 2010 | Volume7.Issue07
ReportsFriday, 11 Dec 2009 | Volume6.Issue49
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