Malaysian GII oversubscribed
Friday, 25 Mar 2016 | Volume13.Issue13
DealsQATAR: Masraf Al Rayan’s total assets decrease by 4% in 2022
KUWAIT: Boubyan Bank’s total consolidated assets increase to KWD7.9 billion (US$25.81 billion) in 2022
KUWAIT: Kuwait Finance House’s long-term IDR at ‘A’ with stable outlook, Fitch says
SAUDI ARABIA: Al Rajhi Bank records 16.31% year-on-year growth in annual net profit to SAR17.15 billion (US$4.57 billion) for 2022
MALAYSIA: RAM lifts rating watch on Besraya (M)’s RM700 million (US$164.5 million) Sukuk Mudarabah; upgrades to ‘AA2’
SAUDI ARABIA: Saudi Central Bank announces insurance sector’s adoption of International Financial Reporting Standards
GAMBIA: Central Bank of Gambia’s Sukuk Salam facilities oversubscribed
INDONESIA: CIMB Niaga Auto Finance conducts public offering for Sukuk Wakalah Bi Al Istithmar I worth IDR1 trillion (US$66.59 million)
BAHRAIN: Central Bank of Bahrain’s monthly short-term Sukuk Ijarah offering worth BHD26 million (US$68.54 million) oversubscribed
BANGLADESH: Bangladesh Bank auctions three-month Bangladesh Government Islami Investment Bond and liquidity facilities
INDONESIA: Indonesia’s Takaful sector faces long-term challenges amid growing market share, says Fitch Ratings
SAUDI ARABIA: Arabian Shield for Cooperative Insurance Co renews license with Council of Cooperative Health Insurance
KUWAIT: Fitch affirms Boubyan Bank’s long-term issuer default rating at ‘A’ with stable outlook
GLOBAL: IsDB Institute and Dubai’s Department of Economy and Tourism reaffirm technical partnership
SAUDI ARABIA: Saudi Investment Bank commences offering of second tranche of Tier 1 Sukuk
SAUDI ARABIA: Development Works Food opens SAR5 million (US$1.33 million) Sukuk offering to institutional and retail investors
AUSTRALIA: IFN welcomes Nazley Khan as new correspondent for Australia
INDONESIA: Indonesia to auction sovereign securities worth up to IDR14 trillion (US$932.21 million)
MALAYSIA: Bank Negara Malaysia places Islamic paper worth RM30.3 billion (US$7.12 billion)
SAUDI ARABIA: Saudi Capital Market Authority grants Sahem Financial Company with fintech experimental permit
SAUDI ARABIA: Gulf General Cooperative Insurance Co’s activities certified Shariah compliant by Shariyah Review Bureau
UK: Fitch affirms Bank of London and the Middle East’s long-term IDR at ‘A’ with stable outlook
GLOBAL: Abu Dhabi Securities Exchange and Bahrain Bourse welcome Muscat Stock Exchange (MSX) into Tabadul digital exchange platform
MALAYSIA: UEM Sunrise issues three-year Islamic medium-term note worth RM255 million (US$60.06 million)
MALAYSIA: Bank Negara Malaysia auctions Shariah papers worth a combined RM74.32 billion (US$17.5 billion)
MALAYSIA: Public transport company Prasarana Malaysia prints six Islamic papers worth RM1.5 billion (US$353.18 million) in total
OMAN: Meethaq Islamic Banking launches financing package for Omani pensioners
BANGLADESH: Md Mahbub Ul Alam and Abu Reza Md Yeahia resign as chairman and additional managing director respectively of Social Islami Bank, The Daily Star reports
UAE: National Bonds and Arab Women Authority sign MoU to financially empower Arab women
SAUDI ARABIA: Arabia Insurance Cooperative Co secures approval for two new motor insurance products for individuals and groups
MALAYSIA: YTL Power International lodges two Sukuk programs with Securities Commission Malaysia
US: Entrex Carbon Market to launch Shariah compliant securities to fund carbon offset project
BANGLADESH: Bangladesh Bank auctions Islamic Banks Liquidity Facility receiving bids worth BDT2.2 billion (US$20.43 million)
MALAYSIA: Cocoa manufacturer Guan Chong issues Islamic medium-term notes worth RM300 million (US$70.64 million) in total
GLOBAL: International Islamic Trade Finance Corporations signs country program with Senegal
PAKISTAN: Kistpay partners with Jazz to offer Shariah compliant smartphone installment plan
PAKISTAN: Bank of Punjab offers interest-free financing to small business owners and agricultural sector
INDONESIA: Samudera Indonesia explores possibility of Sukuk issuance this year, Bisnis.com reports
MALAYSIA: Quantum Metal aims to expand gold investment business to 60 countries within two years, Bernama reports
GLOBAL: EthisX launches first equity crowdfunding campaign with Practice Innovators International Australia
SAUDI ARABIA: Arabia Insurance Cooperative Co receives regulatory approval for new business insurance product
MALAYSIA: BNP Paribas Asset Management appoints Daniel Choong as CEO of Malaysian office
NIGERIA: Logistics company Pomegranate Nigeria closes Sukuk issuance worth NGN2.2 billion (US$4.77 million), The Nation reports
MALAYSIA: Co-opbank Pertama partners with PR1MA to provide home financing for middle-income group, Bernama reports
GLOBAL: Direct communication between Iranian and Russian banks established, Iranian central bank governor says
MALDIVES: Two corporate Sukuk issuances to come out of the Maldives during first quarter of 2023, IFN learns
SAUDI ARABIA: Saudi Central Bank continues experimentations on Central Bank Digital Currency with focus on domestic wholesale cases
QATAR: Qatar Islamic Bank partners with China’s UnionPay International to enable acceptance of UnionPay cards in Qatar
UK: Islamic business financing start-up Qardus raises GBP205,000 (US$253,903) for ZS Pharma
SAUDI ARABIA: Saudi Central Bank seeks public feedback on banking law draft
Friday, 25 Mar 2016 | Volume13.Issue13
DealsFriday, 25 Mar 2016 | Volume13.Issue13
News BriefsFriday, 25 Mar 2016 | Volume13.Issue13
DealsFriday, 25 Mar 2016 | Volume13.Issue13
News BriefsFriday, 25 Mar 2016 | Volume13.Issue13
News BriefsFriday, 25 Mar 2016 | Volume13.Issue13
Takaful NewsFriday, 25 Mar 2016 | Volume13.Issue13
Takaful NewsFriday, 25 Mar 2016 | Volume13.Issue13
Rating UpdatesFriday, 25 Mar 2016 | Volume13.Issue13
Rating UpdatesFriday, 25 Mar 2016 | Volume13.Issue13
IFN ReportsThursday, 24 Mar 2016 | Volume13.Issue13
MovesThursday, 24 Mar 2016 | Volume13.Issue13
MovesThursday, 24 Mar 2016 | Volume13.Issue13
MovesThursday, 24 Mar 2016 | Volume13.Issue13
Rating UpdatesThursday, 24 Mar 2016 | Volume13.Issue13
Rating UpdatesThursday, 24 Mar 2016 | Volume13.Issue13
News BriefsThursday, 24 Mar 2016 | Volume13.Issue13
Rating UpdatesThursday, 24 Mar 2016 | Volume13.Issue13
News BriefsThursday, 24 Mar 2016 | Volume13.Issue13
DealsThursday, 24 Mar 2016 | Volume13.Issue13
News BriefsThursday, 24 Mar 2016 | Volume13.Issue13
DealsThursday, 24 Mar 2016 | Volume13.Issue13
News BriefsThursday, 24 Mar 2016 | Volume13.Issue13
ResultsThursday, 24 Mar 2016 | Volume13.Issue13
News BriefsThursday, 24 Mar 2016 | Volume13.Issue13
ResultsThursday, 24 Mar 2016 | Volume13.Issue13
MovesWednesday, 23 Mar 2016 | Volume13.Issue13
News BriefsWednesday, 23 Mar 2016 | Volume13.Issue13
DealsWednesday, 23 Mar 2016 | Volume13.Issue13
News BriefsWednesday, 23 Mar 2016 | Volume13.Issue13
DealsWednesday, 23 Mar 2016 | Volume13.Issue13
Takaful NewsWednesday, 23 Mar 2016 | Volume13.Issue13
DealsWednesday, 23 Mar 2016 | Volume13.Issue13
Takaful NewsWednesday, 23 Mar 2016 | Volume13.Issue13
ResultsWednesday, 23 Mar 2016 | Volume13.Issue13
MovesWednesday, 23 Mar 2016 | Volume13.Issue13
MovesWednesday, 23 Mar 2016 | Volume13.Issue13
Case StudyWednesday, 23 Mar 2016 | Volume13.Issue13
Rating UpdatesWednesday, 23 Mar 2016 | Volume13.Issue13
News BriefsWednesday, 23 Mar 2016 | Volume13.Issue13
IFN ReportsWednesday, 23 Mar 2016 | Volume13.Issue13
IFN ReportsWednesday, 23 Mar 2016 | Volume13.Issue13
News BriefsWednesday, 23 Mar 2016 | Volume13.Issue13
News BriefsWednesday, 23 Mar 2016 | Volume13.Issue13
Deals