Challenges for the Pakistani Takaful industry
Tuesday, 18 Jul 2017 | Volume14.Issue29
Takaful News FeatureOMAN: Oman’s Capital Market Authority issues new regulation to provide legislative framework for public joint stock companies
NIGERIA: Debt Management Office of Nigeria clarifies position on NGN2.2 trillion (US$5.75 billion) debt service provision in 2018 Appropriation Act
BAHRAIN: Ithmaar Holding records non-Shariah compliant income per share at 2.05 US cents for 2020
BAHRAIN: Al Baraka Banking Group’s total assets increase 8% in 2020, net income attributable to equity holders declines 37%
KUWAIT: Court postpones hearing of Kuwait International Bank’s sale of foreclosed real estate assets for debt settlement
SAUDI ARABIA: Boards approve National Commercial Bank and Samba Financial Group merger
MALAYSIA: MARC affirms ‘AA-IS’ rating on Pelabuhan Tanjung Pelepas’s Islamic medium-term notes program
IRAN: Central Insurance of Iran issues new law for third-party insurance providers
SAUDI ARABIA: Capital Market Authority amends regulations on investment funds and real estate investment funds in Saudi Arabia
UK: Eiger Trading Advisors welcomes Steve Moulder as new non-executive board director
SAUDI ARABIA: Arabia Insurance Cooperative Company seals new deal with Aljomaih Group of Companies
SAUDI ARABIA: Middle East Paper Co renews Islamic facility agreement worth SAR93 million (US$24.78 million) with Samba
UAE: Amanat Holdings completes acquisition of Cambridge Medical and Rehabilitation Center with Islamic financing worth AED405 million (US$110.25 million)
GLOBAL: Indonesian government to facilitate cooperation between Dubai Islamic Bank and Bank Syariah Indonesia
UK: Kathryn Kerle joins Al Rayan Bank’s board as independent non-executive director
PAKISTAN: Takaful Pakistan receives regulatory approval for name change
SAUDI ARABIA: NCB Capital announces resignation of AlAhli REIT Fund 1 board member Nayef Al-Masnad, change in board of directors
INDONESIA: Indonesia looks to hire sales agent for offering or selling of State Shariah Securities in domestic primary market
MALAYSIA: West Coast Expressway issues RM11 million (US$2.71 million) Islamic paper with a profit rate of 10%
TURKEY: Turkiye Emlak Katilim Bankasi makes return payments to holders of TRY101.5 million (US$13.86 million) lease certificates
MALAYSIA: Bank Negara Malaysia auctions three Islamic liquidity management papers totaling RM21.2 billion (US$5.22 billion)
SAUDI ARABIA: Al Mashaar REIT to acquire three towers in a commercial building worth SAR135 million (US$35.97 million)
QATAR: Qatar Islamic Insurance records increase in net profit for 2020 at QAR75.73 million (US$20.6 million)
SAUDI ARABIA: Aljazira Takaful Taawuni merges with Solidarity Saudi Takaful
MALAYSIA: Employees Provident Fund declares 4.9% dividend for Shariah savings in 2020
UAE: Dubai Sustainable Finance Working Group publishes guides for sustainable issuance and investment including Sukuk
UAE: Abu Dhabi Global Market enacts new framework to facilitate electronic transactions and digital economy
MALAYSIA: Malaysia’s Islamic finance market share grows two percentage points to 37% in 2020, according to Fitch
MALAYSIA: Sapura Energy signs RM700 million (US$172.65 million) Islamic facilities agreement with Maybank Islamic
MALAYSIA: AMMB Holdings agrees to global settlement worth RM2.83 billion (US$697.99 million) for involvement in 1MDB issue
US: Aghaz Investments partners with DriveWealth’s cloud-based brokerage platform to serve Muslim clients
MALAYSIA: Ahmad Tajuddin Abdul Rahman assumes position as new chairman of Wasiyyah Shoppe
QATAR: Ezdan Holding confirms available funding to repay Sukuk maturing in May 2021 and April 2022
UAE: First Abu Dhabi Bank’s board approves renewal or establishment of Sukuk or bond programs not exceeding US$10 billion
MALAYSIA: Azlan Mohd Zainol resigns as chairman of RHB Bank
MALAYSIA: HSBC Malaysia welcomes Christina Cheah as head of global banking
BAHRAIN: Ahmed Khalifa Al Khalifa resigns as executive director of GFH Financial Group
SAUDI ARABIA: Tawuniya renews Saudi Arabian Airlines health insurance contract worth over 5% of its 2019 gross written premiums
MALAYSIA: Projek Lebuhraya Usahasama to convene informal call with Sukukholders under RM23.35 billion (US$5.76 billion) Islamic medium-term note program
IRAN: FARAZ Darik Exchange Traded Fund offered for subscription on Iran Fara Bourse
PAKISTAN: Meezan Bank records profit after tax of PKR22.17 billion (US$139.26 million) in 2020
MALAYSIA: Malaysia Building Society realizes decrease in profit before tax and Zakat for year ending on 31st December 2020
MALAYSIA: Sunway Treasury Sukuk prints RM120 million (US$29.6 million) Islamic commercial paper
MALAYSIA: Maxis Broadband sells RM300 million (US$73.99 million) Islamic medium-term note with a profit rate of 3.45%
INDONESIA: Indonesia lists four sovereign Shariah securities totaling IDR12 trillion (US$837.21 million) on Indonesia Stock Exchange
MALAYSIA: Bank Negara Malaysia issues three Shariah papers
BRUNEI: Autoriti Monetari Brunei Darussalam prices 17th issuance of AMBD Islamic Bills at BN$15 million (US$11.25 million)
MALAYSIA: Employees Provident Fund rolls out US$600 million Islamic private equity separate managed account fund
Tuesday, 18 Jul 2017 | Volume14.Issue29
Takaful News FeatureWednesday, 28 Mar 2012 | Volume9.Issue12
Takaful News FeatureWednesday, 21 Mar 2012 | Volume9.Issue11
Takaful News FeatureWednesday, 14 Mar 2012 | Volume9.Issue10
Takaful News FeatureWednesday, 29 Feb 2012 | Volume9.Issue08
Takaful News FeatureWednesday, 08 Feb 2012 | Volume9.Issue05
Takaful News FeatureWednesday, 01 Feb 2012 | Volume9.Issue04
Takaful News FeatureWednesday, 25 Jan 2012 | Volume9.Issue03
Takaful News FeatureWednesday, 11 Jan 2012 | Volume9.Issue01
Takaful News FeatureWednesday, 21 Dec 2011 | Volume8.Issue50
Takaful News FeatureWednesday, 14 Dec 2011 | Volume8.Issue49
Takaful News FeatureWednesday, 07 Dec 2011 | Volume8.Issue48
Takaful News FeatureWednesday, 23 Nov 2011 | Volume8.Issue46
Takaful News FeatureWednesday, 16 Nov 2011 | Volume8.Issue45
Takaful News FeatureWednesday, 26 Oct 2011 | Volume8.Issue42
Takaful News FeatureWednesday, 19 Oct 2011 | Volume8.Issue41
Takaful News FeatureWednesday, 12 Oct 2011 | Volume8.Issue40
Takaful News FeatureWednesday, 05 Oct 2011 | Volume8.Issue39
Takaful News FeatureWednesday, 28 Sep 2011 | Volume8.Issue38
Takaful News FeatureWednesday, 14 Sep 2011 | Volume8.Issue36
Takaful News FeatureWednesday, 07 Sep 2011 | Volume8.Issue35
Takaful News FeatureMonday, 29 Aug 2011 | Volume8.Issue34
Takaful News FeatureWednesday, 24 Aug 2011 | Volume8.Issue33
Takaful News FeatureWednesday, 17 Aug 2011 | Volume8.Issue32
Takaful News FeatureWednesday, 10 Aug 2011 | Volume8.Issue31
Takaful News FeatureWednesday, 20 Jul 2011 | Volume8.Issue28
Takaful News FeatureWednesday, 13 Jul 2011 | Volume8.Issue27
Takaful News FeatureWednesday, 06 Jul 2011 | Volume8.Issue26
Takaful News FeatureWednesday, 29 Jun 2011 | Volume8.Issue25
Takaful News FeatureWednesday, 15 Jun 2011 | Volume8.Issue23
Takaful News FeatureSaturday, 11 Jun 2011 | Volume8.Issue24
Takaful News FeatureWednesday, 01 Jun 2011 | Volume8.Issue21
Takaful News FeatureWednesday, 25 May 2011 | Volume8.Issue20
Takaful News FeatureWednesday, 27 Apr 2011 | Volume8.Issue16
Takaful News FeatureWednesday, 27 Apr 2011 | Volume8.Issue16
Takaful News FeatureWednesday, 13 Apr 2011 | Volume8.Issue14
Takaful News FeatureWednesday, 23 Mar 2011 | Volume8.Issue11
Takaful News FeatureWednesday, 23 Mar 2011 | Volume8.Issue11
Takaful News FeatureWednesday, 09 Mar 2011 | Volume8.Issue09
Takaful News FeatureWednesday, 23 Feb 2011 | Volume8.Issue07
Takaful News FeatureWednesday, 23 Feb 2011 | Volume8.Issue07
Takaful News FeatureWednesday, 26 Jan 2011 | Volume8.Issue03
Takaful News FeatureWednesday, 12 Jan 2011 | Volume8.Issue01
Takaful News FeatureWednesday, 22 Sep 2010 | Volume7.Issue38
Takaful News FeatureWednesday, 18 Aug 2010 | Volume7.Issue33
Takaful News FeatureWednesday, 11 Aug 2010 | Volume7.Issue32
Takaful News FeatureWednesday, 04 Aug 2010 | Volume7.Issue31
Takaful News FeatureWednesday, 21 Jul 2010 | Volume7.Issue29
Takaful News FeatureWednesday, 14 Jul 2010 | Volume7.Issue28
Takaful News FeatureWednesday, 23 Jun 2010 | Volume7.Issue25
Takaful News Feature