IFN Monthly Review: May — Exciting new entrants and prospects
Wednesday, 01 Jun 2022 | Volume19.Issue23
IFN ReportsNIGERIA: National Insurance Commission of Nigeria revokes certificates of registration of Niger Insurance and Standard Alliance Insurance
UAE: Dubai International Financial Centre selects Tarabut Gateway as technical platform partner for Open Finance Lab
UAE: Dubai Financial Services Authority imposes restriction on Trevor Conway “to protect the integrity of Islamic finance” following investigation of misconduct
GLOBAL: Saudi buy-now-pay-later platform Tamara expands into the UAE
GLOBAL: Gulf Islamic Investments acquires majority stake in UK Shariah compliant bridge financier OFFA
MALAYSIA: Bank Negara Malaysia issues policy document on bancaTakaful and bancassurance
MOROCCO: La Marocaine Vie launches Al Maghribia Takaful to offer Takaful products in Morocco
KUWAIT: Warba Bank and Boubyan Bank each submit applications to establish digital bank under Central Bank of Kuwait umbrella
UK: Gatehouse Bank launches savings app to support customers in managing personal savings accounts
MALAYSIA: Joint Committee on Climate Change releases Task Force on Climate-related Financial Disclosures application guide
SAUDI ARABIA: Saudi British Bank appoints veteran banker Yasser Ali Al-Barrak as CEO of corporate and institutional banking
PAKISTAN: Securities and Exchange Commission of Pakistan permits licensed investment advisors to offer employer pension funds
OMAN: Sustainable city Yiti signs MoU with Sohar Islamic Bank to offer escrow services to buyers of upcoming residential units
MALAYSIA: Securities Commission Malaysia launches SRI-linked Sukuk framework to facilitate companies’ transition to net zero
MALAYSIA: Malaysia Building Society appoints Nor Azam M Taib as group CEO
MALAYSIA: HSBC Bank Malaysia appoints Karel Avni Doshi as head of commercial banking
SAUDI ARABIA: Stefano Paolo Bertamini resigns as independent board member of Al Rajhi Bank
NIGERIA: President Muhammadu Buhari reappoints Patience Oniha as director-general of Debt Management Office
MALAYSIA: Bank Negara Malaysia issues four short-term Shariah papers
MALAYSIA: Cagamas prices ASEAN Sustainability SRI Sukuk paper at RM150 million (US$34.02 million)
QATAR: Ali Bin Ghanim Group resigns from membership on Qatar Islamic Bank’s board of directors
SAUDI ARABIA: Saudi Real Estate Company completes early repayment of SAR535.32 million (US$142.55 million) to Riyad Bank
PAKISTAN: Finance minister instructs National Bank of Pakistan to withdraw Supreme Court appeal on Federal Shariat Court’s Riba verdict
PAKISTAN: Popular Islamic Modaraba appoints Kamran Hussain Mughal as new chief executive
UAE: Dubai Islamic Bank becomes first Islamic bank to go live with Arab Monetary Fund’s Buna cross-border payment system
UAE: Abu Dhabi Islamic Bank launches plot financing facility enabling customers to purchase land for investment or homeownership purposes
GAMBIA: Central Bank of Gambia concludes auction featuring three Sukuk Salam papers
MALAYSIA: Sunway Treasury Sukuk places four unrated Islamic medium-term notes
SAUDI ARABIA: Al Etihad Cooperative Insurance Company receives Shariah compliance certification for activities in 2021
BANGLADESH: Dhaka Bank reelects Abdul Hai Sarker as board chairman
SAUDI ARABIA: Saudi Investment Bank completes Tier 1 Sukuk issuance worth SAR2 billion (US$532.59 million) through private placement
MALAYSIA: Bank Negara Malaysia issues four Shariah papers
MALAYSIA: Tenaga Nasional places five Islamic medium-term notes
MALAYSIA: PONSB Capital auctions two Islamic medium-term notes totaling RM700 million (US$159 million)
MALAYSIA: Danum Capital prints two Istithmar- and Wakalah-based Islamic medium-term notes
SAUDI ARABIA: Buruj Cooperative Insurance Co secures final regulatory approval for new product
SAUDI ARABIA: Amana Cooperative Insurance Company completes rump offering
IRAQ: Fitch assigns ‘CCC+’ long-term issuer default rating to Kurdistan International Islamic Bank
GLOBAL: Moody’s affirms Islamic Corporation for the Development of the Private Sector at ‘A2’
BAHRAIN: Bahraini Islamic retail and wholesale banks maintain high capital adequacy ratio in first quarter of 2022
GLOBAL: UK Export Finance offers Sukuk assistance following maiden GBP66 million (US$81.04 million) financing deal in Jordan
UK: Gatehouse Bank raises rate on new Easy Access savings account
PAKISTAN: Habib Bank launches digital Islamic banking account app
PAKISTAN: Bank of Khyber expands Islamic banking network with new branch at Khalifa Gul Nawaz Hospital
GLOBAL: AAOIFI signs multiple strategic partnerships on the sidelines of its 20th Shariah Boards Conference
BANGLADESH: Southeast Bank launches five agent banking outlets targeting unbanked population
BANGLADESH: Strategic Finance & Investments secures regulatory approval to launch Islamic window
UK: Wahed Invest expands investment range with physical gold portfolio
BANGLADESH: Bangladesh Securities and Exchange Commission approves prospectus of EDGE AMC’s new Islamic fund
MALAYSIA: Pertama Digital looks to partner with Islamic bank to establish Malaysia’s government-focused neobank
Wednesday, 01 Jun 2022 | Volume19.Issue23
IFN ReportsThursday, 05 May 2022 | Volume19.Issue19
IFN ReportsFriday, 01 Apr 2022 | Volume19.Issue14
IFN ReportsWednesday, 02 Feb 2022 | Volume19.Issue06
IFN ReportsMonday, 03 Jan 2022 | Volume19.Issue01
IFN ReportsWednesday, 01 Dec 2021 | Volume18.Issue49
IFN ReportsWednesday, 03 Nov 2021 | Volume18.Issue45
IFN ReportsFriday, 01 Oct 2021 | Volume18.Issue40
IFN ReportsWednesday, 01 Sep 2021 | Volume18.Issue36
IFN ReportsMonday, 02 Aug 2021 | Volume18.Issue31
IFN ReportsFriday, 02 Jul 2021 | Volume18.Issue27
IFN ReportsTuesday, 01 Jun 2021 | Volume18.Issue22
IFN ReportsMonday, 03 May 2021 | Volume18.Issue18
IFN ReportsThursday, 01 Apr 2021 | Volume18.Issue14
IFN ReportsFriday, 05 Mar 2021 | Volume18.Issue10
IFN ReportsMonday, 01 Feb 2021 | Volume18.Issue05
IFN ReportsMonday, 04 Jan 2021 | Volume18.Issue01
IFN ReportsTuesday, 01 Dec 2020 | Volume17.Issue48
Daily Cover StoryFriday, 06 Nov 2020 | Volume17.Issue45
IFN ReportsFriday, 02 Oct 2020 | Volume17.Issue40
IFN ReportsTuesday, 01 Sep 2020 | Volume17.Issue35
IFN ReportsThursday, 30 Jul 2020 | Volume17.Issue31
IFN ReportsMonday, 01 Jun 2020 | Volume17.Issue22
IFN ReportsWednesday, 06 May 2020 | Volume17.Issue19
IFN ReportsFriday, 10 Apr 2020 | Volume17.Issue15
IFN ReportsTuesday, 03 Mar 2020 | Volume17.Issue09
IFN ReportsWednesday, 05 Feb 2020 | Volume17.Issue06
IFN ReportsThursday, 02 Jan 2020 | Volume17.Issue01
IFN ReportsWednesday, 04 Dec 2019 | Volume16.Issue49
IFN ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
IFN ReportsTuesday, 01 Oct 2019 | Volume16.Issue39
IFN ReportsTuesday, 03 Sep 2019 | Volume16.Issue35
IFN ReportsThursday, 01 Aug 2019 | Volume16.Issue31
IFN ReportsMonday, 01 Jul 2019 | Volume16.Issue26
IFN ReportsMonday, 03 Jun 2019 | Volume16.Issue22
IFN ReportsWednesday, 01 May 2019 | Volume16.Issue18
IFN ReportsMonday, 01 Apr 2019 | Volume16.Issue13
IFN ReportsFriday, 01 Mar 2019 | Volume16.Issue09
IFN ReportsFriday, 01 Feb 2019 | Volume16.Issue05
IFN ReportsWednesday, 02 Jan 2019 | Volume16.Issue01
IFN ReportsMonday, 03 Dec 2018 | Volume15.Issue49
IFN ReportsThursday, 01 Nov 2018 | Volume15.Issue45
IFN ReportsMonday, 01 Oct 2018 | Volume15.Issue40
IFN ReportsMonday, 03 Sep 2018 | Volume15.Issue36
IFN ReportsWednesday, 01 Aug 2018 | Volume15.Issue32
IFN ReportsMonday, 02 Jul 2018 | Volume15.Issue27
IFN ReportsFriday, 01 Jun 2018 | Volume15.Issue23
IFN ReportsTuesday, 01 May 2018 | Volume15.Issue19
IFN ReportsMonday, 02 Apr 2018 | Volume15.Issue14
IFN ReportsThursday, 01 Mar 2018 | Volume15.Issue10
IFN Reports