SDG 2 – Zero Hunger: What does moderation in Islam mean?
Tuesday, 23 May 2023 | Volume20.Issue21
Back to BasicsGLOBAL: Cross-border corporate Sukuk issuance set to rise significantly from 2022 lows, mostly from GCC and Malaysia, says Moody’s
MALAYSIA: Property developer Setia Fontaines issues Sukuk Murabahah worth RM9 million (US$1.95 million) with six-year tenor
MALAYSIA: Khazanah Nasional prices five-year US$750 million Sukuk due 2028
BANGLADESH: Exim Bank to issue subordinated Sukuk Mudarabah worth BDT6 billion (US$55.33 million)
GLOBAL: AAOIFI discusses exposure draft of governance standard ‘Governance and Management of Investment Accounts’
GLOBAL: IsDB Institute collaborates with blockchain company SettleMint to develop Smart Stabilization System
UAE: Chimera Capital launches Chimera S&P China HK Shariah Exchange Traded Fund
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM26.67 billion (US$5.77 billion) in total
UAE: Majid Al Futtaim raises US$500 million through green Sukuk issuance
GLOBAL: IMF concludes Article IV consultation with Libya; recommends to further develop Islamic finance to mobilize credit to private sector
MALAYSIA: MARC Ratings places ANIH’s RM2.5 billion (US$540.73 million) senior Sukuk Musharakah program on MARCWatch Negative
SAUDI ARABIA: Arabia Insurance Cooperative Co obtains Saudi Central Bank’s final approval for Takaful product for domestic workers
OMAN: Oman International Development and Investment Company and Bank Dhofar intend to acquire 75% and 100% of Ahli Bank’s issued share capital respectively
UAE: Dubai Islamic Bank donates AED7 million (US$1.91 million) to ease financial burden of medical patients
SAUDI ARABIA: Sukuk Capital partners with Saudi Authority for Industrial Cities and Technology Zones to launch long-term financing solutions for factories in Tamweel
GLOBAL: S&P Global Ratings predicts 8% growth for Islamic banking assets in Southeast Asia over next two years
INDONESIA: Bank Syariah Indonesia appoints new director of information technology and director of risk management, reports Antara News
PAKISTAN: State Bank of Pakistan injects PKR60 billion (US$208.64 million)-worth of Mudarabah-based open market operation liquidity
MALAYSIA: LBS Bina Holdings to partially redeem Sukuk Murabahah with accrued profit on 26th May 2023
MALAYSIA: Etiqa launches insurance plan in Malaysia to protect against shortfalls in solar panel energy output
BAHRAIN: Al Baraka Islamic Bank to provide financing for one of Sayacorp Aqar’s residential projects
SAUDI ARABIA: Saudi Arabian Cooperative Insurance Co appoints Waleed Mohammed Al-Othaimeen as new board member
SAUDI ARABIA: Banque Saudi Fransi closes five-year Sukuk offering at US$900 million
SINGAPORE: Decentralized finance protocol ZaynFi receives Shariah certification from Amanie Advisors
INDONESIA: Bank Indonesia appoints Perry Warjiyo as governor for 2023–28
MALAYSIA: Sabah Credit Corporation issues Sukuk Musharakah worth RM150 million (US$32.67 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM20.9 billion (US$4.55 billion)
SAUDI ARABIA: NEOM Green Hydrogen Company achieves financial close at total investment value of US$8.4 billion
MALAYSIA: Malaysia Debt Ventures appoints Wong Chen as non-executive chairman
SAUDI ARABIA: Saudi Arabian Airlines signs agreement with Al-Rajhi Takaful to launch digital travel insurance
MALAYSIA: Tanjung Pinang Development issues Islamic facilities worth RM4 million (US$875,852) in total
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities worth KWD240 million (US$779.18 million)
MALAYSIA: Cagamas issues Islamic commercial paper worth RM100 million (US$21.9 million) with three-month tenor
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM26.15 billion (US$5.73 billion) in total
BRUNEI: Brunei Darussalam Central Bank prices 122nd issuance of Islamic treasury bills worth BN$10 million (US$7.43 million)
SAUDI ARABIA: Fitch affirms Bank AlJazira’s long-term issuer default rating at ‘A-’ with stable outlook
OMAN: Al Madina Takaful appoints Noor Uddin Asmatullah as head of internal audit
TURKIYE: Fitch assigns ‘B-’ ratings with negative outlook to Albaraka Turk Katilim Bankasi
UAE: ADNOC Logistics & Services increases number of shares in IPO to 19%
SAUDI ARABIA: National Debt Management Center closes offering period of government’s riyal-denominated Sukuk program for May 2023
INDONESIA: Indonesian government’s auction of Islamic papers receives total bids of IDR54.75 trillion (US$3.68 billion)
SAUDI ARABIA: Banque Saudi Fransi commences offering of US dollar-denominated certificates under trust certificates issuance program
KUWAIT: The Commercial Real Estate Company renews credit facilities contract worth KWD73.86 million (US$239.78 million) with local Islamic bank
GAMBIA: Central Bank of The Gambia’s three-month, six-month and one-year Sukuk Salam facilities undersubscribed
GLOBAL: Fitch affirms IsDB’s long-term issuer default rating at ‘AAA’ with stable outlook
GLOBAL: Fitch assigns ‘A+’ rating to Islamic Corporation for the Development of the Private Sector’s Kazakh tenge-denominated trust certificates
BAHRAIN: LuLu Exchange Bahrain partners with Arab Financial Services to facilitate and promote BPay and debit card payments
MALAYSIA: Funding Societies to launch new suite of SME financing solutions Funding Societies Islamic Financing-I on 30th May 2023
MALAYSIA: Agrobank to launch agriculture-based Takaful program, touted to be first in the market
MALAYSIA: AirAsia X proposes to place 32.26 million new shares to raise RM50 million (US$10.99 million) for working capital requirements
Tuesday, 23 May 2023 | Volume20.Issue21
Back to BasicsTuesday, 16 May 2023 | Volume20.Issue20
Back to BasicsTuesday, 09 May 2023 | Volume20.Issue19
Back to BasicsTuesday, 02 May 2023 | Volume20.Issue18
Back to BasicsTuesday, 28 Feb 2023 | Volume20.Issue09
Back to BasicsTuesday, 21 Feb 2023 | Volume20.Issue08
Back to BasicsTuesday, 14 Feb 2023 | Volume20.Issue07
Back to BasicsTuesday, 07 Feb 2023 | Volume20.Issue06
Back to BasicsTuesday, 17 Jan 2023 | Volume20.Issue03
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Back to BasicsTuesday, 29 Mar 2022 | Volume19.Issue13
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Back to BasicsTuesday, 15 Feb 2022 | Volume19.Issue07
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Back to BasicsTuesday, 25 Jan 2022 | Volume19.Issue04
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