BIPL partners with TPL Life Insurance
Monday, 19 Apr 2021 | Volume18.Issue16
Takaful NewsSAUDI ARABIA: Al Sagr Cooperative Insurance Co announces calling candidature for board member elections to fill five vacant chairs in current session
SAUDI ARABIA: Alinma Tokio Marine Co reports net profit before Zakat of SAR1.36 million (US$362,154) for first quarter of 2022
SAUDI ARABIA: Al Alamiya for Cooperative Insurance Co reports net loss before Zakat of SAR20.78 million (US$5.53 million) for first quarter of 2022
OMAN: Capital Intelligence affirms Alizz Islamic Bank’s long- and short-term ratings at ‘omAA’ and ‘omA1+’ respectively
MALAYSIA: Amanah Ikhtiar Malaysia disburses RM980 million (US$223.49 million) in financing to microentrepreneurs from January to May 2022
BANGLADESH: Bank Asia reelects Rumee A Hossain as chairman of board executive committee
INDONESIA: Indonesia raises IDR4.28 trillion (US$299.6 million) from Sukuk auction; to conduct additional Sukuk auction with greenshoe option
SOUTH AFRICA: WealthPoint launches Shariah compliant global real estate investment platform Shari’ah Wealth
BAHRAIN: Ithmaar Holding reports total net profit of US$6.47 million for the first quarter of 2022 compared with US$13.85 million for the same period in 2021
UAE: Dar Al Takaful reports AED1.16 billion (US$315.75 million) in total Takaful operations’ assets as at the 31st March 2022
MALAYSIA: RAM reaffirms Public Islamic Bank’s ‘AAA/Stable/P1’ financial institution ratings and ‘AAA/Stable’ and ‘AA1/Stable’ senior and subordinated Sukuk ratings respectively
QATAR: Qatar Islamic Bank introduces new features to mobile app to simplify digital banking experience
MALAYSIA: West Coast Expressway prints RM9 million (US$2.05 million) Islamic paper with a profit rate of 10%
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers oversubscribed
BRUNEI: Brunei Darussalam Central Bank prices 206th issuance of Sukuk Ijarah paper at BN$100 million (US$72.11 million)
MALAYSIA: Bank Negara Malaysia issues five Shariah papers
BAHRAIN: GFH Financial Group increases stake in GB Corp from 50.41% to 62.91% through strategic swaps valued at US$1.7 million
SAUDI ARABIA: Walaa Cooperative Insurance Co records net loss before Zakat of SAR32.31 million (US$8.6 million)
SAUDI ARABIA: Company for Cooperative Insurance announces net profit before Zakat of SAR41.49 million (US$11.05 million) for first quarter of 2022
SAUDI ARABIA: Alinma Bank’s long-term issuer default rating affirmed by Fitch at ‘BBB+’ with positive outlook
GLOBAL: Sidra Capital confirms support for IFN KSA Dialogues 2022 and IFN Asia Forum 2022
UAE: Amlak Finance announces increase in net group profit for first quarter of 2022 by 116% compared with the same period last year
OMAN: Omivest concludes capacity-building program on environmental, social and governance practices across group companies
KUWAIT: Kuwait Finance House participates in financing of KNPC clean fuel project
SAUDI ARABIA: Watani Iron Steel Company secures Islamic financing facility worth SAR20 million (US$5.33 million) from Arab National Bank
GLOBAL: Arab Regional Payments Clearing and Settlement Organization welcomes Jordan Islamic Bank in network of participants
PAKISTAN: Pakistan government to receive funding worth US$761 million from IsDB and Global Polio Eradication Initiative for polio eradication program
PAKISTAN: FEMPROW partners with State Bank of Pakistan to make SME Finance Clinic scheme accessible for women entrepreneurs and working professionals
MALAYSIA: RHB Banking Group announces several senior appointments including Syed Ahmad Taufik Albar as managing director of group wholesale banking
BANGLADESH: Jamuna Bank promotes Md Abdus Salam as additional managing director
MALAYSIA: Titijaya Land sells Mudarabah-based Islamic commercial paper worth RM40 million (US$9.09 million)
MALAYSIA: Sunway Treasury Sukuk issues RM50 million (US$11.36 million) Islamic commercial paper
BAHRAIN: Central Bank of Bahrain’s Sukuk Salam papers worth BHD43 million (US$113.35 million) oversubscribed
BAHRAIN: Ithmaar Bank reports BHD1.5 million (US$3.95 million) in total net profit for first quarter of 2022
TURKEY: Medium-term growth prospects of Islamic banks in Turkey favorable despite challenging operating environment, says Fitch Ratings
OMAN: Central Bank of Oman announces total assets of Islamic banks and windows increased by 10.7% year-on-year to OMR6 billion (US$15.53 billion)
GLOBAL: IsDB and European Investment Bank to co-host 2022 Global Gender Summit of the Multilateral Development Bank Working Group on Gender
MALAYSIA: Emirates NBD Capital confirms support for IFN KSA Dialogues 2022 to be held in Riyadh on 30th May 2022
PAKISTAN: State Bank of Pakistan injects PKR499.9 billion (US$2.58 billion)-worth of Mudarabah-based liquidity to ease liquidity constraints of Islamic banks
SAUDI ARABIA: Arabia Insurance Cooperative Company receives notice of fire incident in Dhahran Mall owned by Arabian Centres Company
UEA: National Takaful Company announces accumulative losses of AED50.6 million (US$13.77 million) for first quarter of 2022
PAKISTAN: International Islamic Trade Finance Corporation signs MoU with Commonwealth Secretariat to enhance trade competitiveness of Pakistan
MALAYSIA: Sedania Innovator to deploy full suite of digital banking solutions for recipients of Malaysia’s digital banking licenses
BAHRAIN: Al Salam Bank-Bahrain records 7% increase in net profits attributable to shareholders
BAHRAIN: Al Baraka Banking Group posts 75% increase in total net income for first quarter of 2022
PAKISTAN: MCB Bank to finalize decision on potential acquisition of majority shareholding in Telenor Microfinance Bank
SAUDI ARABIA: Saudi Central Bank announces 8.4% growth in insurance sector in the Kingdom
GLOBAL: King & Spalding supports four IFN events as partner
MALAYSIA: Amden Capital concludes first Shariah compliant medical financing
UAE: ENBD REIT completes AED22 million (US$5.99 million) upgrade of Al Thuraya Tower 1 property
Monday, 19 Apr 2021 | Volume18.Issue16
Takaful NewsMonday, 19 Apr 2021 | Volume18.Issue16
Takaful NewsTuesday, 13 Apr 2021 | Volume18.Issue15
Takaful NewsMonday, 12 Apr 2021 | Volume18.Issue15
Takaful NewsMonday, 12 Apr 2021 | Volume18.Issue15
Takaful NewsFriday, 09 Apr 2021 | Volume18.Issue15
Takaful NewsThursday, 08 Apr 2021 | Volume18.Issue15
Takaful NewsThursday, 08 Apr 2021 | Volume18.Issue15
Takaful NewsWednesday, 07 Apr 2021 | Volume18.Issue15
Takaful NewsTuesday, 06 Apr 2021 | Volume18.Issue14
Takaful NewsTuesday, 06 Apr 2021 | Volume18.Issue14
Takaful NewsFriday, 02 Apr 2021 | Volume18.Issue14
Takaful NewsWednesday, 31 Mar 2021 | Volume18.Issue14
Takaful NewsWednesday, 31 Mar 2021 | Volume18.Issue14
Takaful NewsTuesday, 30 Mar 2021 | Volume18.Issue13
Takaful NewsTuesday, 30 Mar 2021 | Volume18.Issue13
Takaful NewsMonday, 29 Mar 2021 | Volume18.Issue13
Takaful NewsFriday, 26 Mar 2021 | Volume18.Issue13
Takaful NewsFriday, 26 Mar 2021 | Volume18.Issue13
Takaful NewsFriday, 26 Mar 2021 | Volume18.Issue13
Takaful NewsWednesday, 24 Mar 2021 | Volume18.Issue13
Takaful NewsWednesday, 24 Mar 2021 | Volume18.Issue13
Takaful NewsTuesday, 23 Mar 2021 | Volume18.Issue12
Takaful NewsMonday, 22 Mar 2021 | Volume18.Issue12
Takaful NewsFriday, 19 Mar 2021 | Volume18.Issue12
Takaful NewsFriday, 19 Mar 2021 | Volume18.Issue12
Takaful NewsFriday, 19 Mar 2021 | Volume18.Issue12
Takaful NewsWednesday, 17 Mar 2021 | Volume18.Issue12
Takaful NewsMonday, 15 Mar 2021 | Volume18.Issue11
Takaful NewsMonday, 15 Mar 2021 | Volume18.Issue11
Takaful NewsThursday, 11 Mar 2021 | Volume18.Issue11
Takaful NewsTuesday, 09 Mar 2021 | Volume18.Issue10
Takaful NewsTuesday, 09 Mar 2021 | Volume18.Issue10
Takaful NewsTuesday, 09 Mar 2021 | Volume18.Issue10
Takaful NewsTuesday, 09 Mar 2021 | Volume18.Issue10
Takaful NewsMonday, 08 Mar 2021 | Volume18.Issue10
Takaful NewsFriday, 05 Mar 2021 | Volume18.Issue10
Takaful NewsFriday, 05 Mar 2021 | Volume18.Issue10
Takaful NewsTuesday, 02 Mar 2021 | Volume18.Issue09
Takaful NewsTuesday, 02 Mar 2021 | Volume18.Issue09
Takaful NewsTuesday, 02 Mar 2021 | Volume18.Issue09
Takaful NewsMonday, 01 Mar 2021 | Volume18.Issue09
Takaful NewsMonday, 01 Mar 2021 | Volume18.Issue09
Takaful NewsFriday, 26 Feb 2021 | Volume18.Issue09
Takaful NewsThursday, 25 Feb 2021 | Volume18.Issue09
Takaful NewsFriday, 19 Feb 2021 | Volume18.Issue08
Takaful NewsFriday, 19 Feb 2021 | Volume18.Issue08
Takaful NewsMonday, 15 Feb 2021 | Volume18.Issue07
Takaful NewsMonday, 15 Feb 2021 | Volume18.Issue07
Takaful NewsThursday, 11 Feb 2021 | Volume18.Issue07
Takaful News