Volume14.Issue08 – Page 2 – Islamic Finance News

IFN Thought Leadership Dialogues 2022

GLOBAL: Fitch affirms IsDB’s long-term issuer default rating at ‘AAA’ with stable outlook and short-term issuer default rating at ‘F1+’
SAUDI ARABIA: Saudi Reinsurance Company to increase capital to SAR1.34 billion (US$356.83 million) via rights issue
UAE: ENDB REIT records 7.4% decrease in net asset value
MALAYSIA: Lebuhraya DUKE Fasa 3’s RM3.64 billion (US$827.26 million) Sukuk Wakalah affirmed at ‘AAIS’ with stable outlook
INDONESIA: Indosat’s ‘idAAA(sy)’ ratings on three shelf registration Sukuk Ijarah papers affirmed
SAUDI ARABIA: Al Etihad Cooperative Insurance Co renews insurance license for three years
PAKISTAN: NIT Islamic Money Market Fund receives ‘AAA (f)’ initial fund stability rating from VIS Credit Rating Company
KUWAIT: Kamco Investment Company receives affirmation of long- and short-term foreign currency ratings at ‘BBB’ and ‘A3’ respectively from Capital Intelligence
SAUDI ARABIA: BATIC Real Estate Company secures Islamic financing facility worth SAR200 million (US$53.26 million) from Al Rajhi Bank
SAUDI ARABIA: Riyad REIT renews lease agreement of STC Academy for five years
MALAYSIA: Malaysia Building Society announces 8.2% year-on-year decrease in net profit after tax for first quarter of 2022
MALAYSIA: Telekom Malaysia reports 4.4% increase in profit after tax and minority interest for first quarter of 2022 due to early redemption of Sukuk
MALAYSIA: Bank Negara Malaysia issues three Shariah papers
SAUDI ARABIA: Al Rajhi REIT Fund appoints Ibrahim Ahmed Al Bassam & Co as new auditor
SAUDI ARABIA: Al Sagr Cooperative Insurance Co announces inability to publish financial results for first quarter of 2022 on specified date
QATAR: Dukhan Bank rolls out new digital feature on mobile application
UK: UK-based Shariah compliant peer-to-peer lending platform Nester prepares GBP17 million (US$21.31 million)-worth of loans in pipeline
MALAYSIA: AmBank clears the air on proposed RHB Bank merger and Grab acquiring a stake, saying there is nothing official and no progress has been made
GLOBAL: IsDB, League of Arab States and UN Conference on Trade and Development hold high-level meeting discussing draft of new Pan-Arab Investment Agreement
MALAYSIA: Funding Societies launches Islamic trade financing solutions for MSMEs
PAKISTAN: Habib Bank receives regulatory approval to inject PKR1.4 billion (US$6.93 million) into HBL Asset Management
SAUDI ARABIA: Buruj Cooperative Insurance Co appoints Yasser Youssef Naghi and Ahmed Mohammed Hamed Al Marzouqi as board chairman and vice-chairman respectively
INDONESIA: Indonesia raises US$3.25 billion via two-tranche dollar Sukuk issuance
TURKEY: Aktif Bank to auction lease certificates worth TRY1 billion (US$61.31 million)
SINGAPORE: AIA Singapore debuts AIA Shariah Global Diversified Fund
SAUDI ARABIA: Saudi Arabian Capital Market Authority approves Arabia Insurance Cooperative Company’s request to increase capital through rights issue
SAUDI ARABIA: Alinma Tokio Marine Co receives Saudi Central Bank’s approval to offer new product
MALAYSIA: RAM reaffirms ‘AAA/Stable’ rating on Midciti Sukuk’s RM3 billion (US$682.44 million) Sukuk Murabahah program
PAKISTAN: BankIslami Pakistan launches digital service center
UAE: Mashreq Bank appoints Corey Thompson as new executive vice-president and head of digital of retail banking group
SAUDI ARABIA: Fitch Ratings Saudi Arabia appoints Nejoud Al Mulaik as general manager and senior director of business and relationship management team
MALAYSIA: Setia Fontaines prints unrated Islamic medium-term note worth RM8 million (US$1.82 million)
MALAYSIA: Malaysia issues RM2.5 billion (US$568.7 million) Malaysian Islamic Treasury Bill
UAE: First Abu Dhabi Bank launches new sustainable current account enabling corporate clients to contribute to sustainable development
UAE: Zaheer Iqbal resigns from position as CFO of Islamic Arab Insurance Company due to personal reasons effective the 23rd May 2022
UAE: Dubai Properties Group and TECOM Investments FZ transfer entire respective holdings in Emirates REIT to DH 6
PAKISTAN: Islamic assets in Pakistan grow by average of 24% per annum over past decade, says Moody’s
MALAYSIA: Microfinancier Hijrah Selangor acquires Shariah compliant status
UAE: Property developer Arada Developments hires banks for dollar Sukuk issuance
TURKEY: Kuveyt Turk completes first international Islamic transaction within FCI; launches open account export product
AZERBAIJAN: Islamic Corporation for the Development of the Private Sector and Alat Free Economic Zone Authority of Azerbaijan sign MoU
MALAYSIA: Bank Muamalat Malaysia launches EasiGold investment platform
EGYPT: International Islamic Trade Finance Corporation extends additional US$3 billion in funding to Egypt due to increase in wheat prices
SAUDI ARABIA: Saudi Ministry of Finance’s National Debt Management Center closes May 2022 Sukuk offering worth SAR14.95 billion (US$3.98 billion)
INDONESIA: Fitch assigns ‘BBB’ rating to Indonesian government’s proposed US dollar-denominated sovereign Sukuk
GLOBAL: International Islamic Liquidity Management Corporation reissues US$600 million-worth of short-term ‘A-1’-rated Sukuk
KUWAIT: Central Bank of Kuwait issues KWD240 million (US$782.72 million)-worth of bonds and related Tawarruq papers
TURKEY: Ministry of Treasury and Finance of Turkey collects gold for lease certificates
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers oversubscribed

Advanced Search

Build Your Own Report

Displaying 51 - 100 of 99

PRIBUMI partners with INCEIF

Friday, 17 Feb 2017 | Volume14.Issue08

Ibdar Bank upgrades ICT

Friday, 17 Feb 2017 | Volume14.Issue08

SRI Sukuk for retail investors

Friday, 17 Feb 2017 | Volume14.Issue08

Deals

AIB proposes dividend

Friday, 17 Feb 2017 | Volume14.Issue08

Dubai plans bond

Friday, 17 Feb 2017 | Volume14.Issue08

Deals

Watania

Friday, 17 Feb 2017 | Volume14.Issue08

Results

Indonesia plans US$5.5 billion debt sales

Friday, 17 Feb 2017 | Volume14.Issue08

Deals

Al Israa for Islamic Finance and Investment

Friday, 17 Feb 2017 | Volume14.Issue08

Results

Sunway to issue ICPs

Friday, 17 Feb 2017 | Volume14.Issue08

Deals

Al Salam Bank-Bahrain

Friday, 17 Feb 2017 | Volume14.Issue08

Results

AFFIN Holdings

Friday, 17 Feb 2017 | Volume14.Issue08

Moves

Malaysia’s GII Murabahah oversubscribed

Friday, 17 Feb 2017 | Volume14.Issue08

Deals

Tadawul

Friday, 17 Feb 2017 | Volume14.Issue08

Moves

AFFIN Holdings initiates reorganization

Friday, 17 Feb 2017 | Volume14.Issue08

Asset Management

Al Rajhi Bank Malaysia to go digital

Friday, 17 Feb 2017 | Volume14.Issue08

Malawi mulls Islamic financial institution

Friday, 17 Feb 2017 | Volume14.Issue08

IFN weekly market roundup: 11th – 17th February 2017

Friday, 17 Feb 2017 | Volume14.Issue08

TBEI to hold meeting with Sukukholders

Thursday, 16 Feb 2017 | Volume14.Issue08

Deals

Aldar Properties not planning to issue Sukuk

Thursday, 16 Feb 2017 | Volume14.Issue08

Luxembourg and Iran sign agreement

Thursday, 16 Feb 2017 | Volume14.Issue08

Bahrain’s ratings affirmed by Fitch

Thursday, 16 Feb 2017 | Volume14.Issue08

NASDAQ Dubai welcomes listing of DIB’s Sukuk

Thursday, 16 Feb 2017 | Volume14.Issue08

Deals

Bursa Malaysia

Thursday, 16 Feb 2017 | Volume14.Issue08

Moves

Iran looking into alternative capital market

Thursday, 16 Feb 2017 | Volume14.Issue08

The challenges of public external financing in Tunisia: The role of Islamic finance

Thursday, 16 Feb 2017 | Volume14.Issue08

Bank Rakyat to tap Indonesian market

Thursday, 16 Feb 2017 | Volume14.Issue08

Takaful and re-Takaful: Marketing strategy for Takaful companies

Thursday, 16 Feb 2017 | Volume14.Issue08

IFN Correspondent Reports

CMA approves corporate governance regulations

Thursday, 16 Feb 2017 | Volume14.Issue08

IILM’s US$840 million Sukuk oversubscribed

Thursday, 16 Feb 2017 | Volume14.Issue08

Deals

SKTMC’s Sukuk approved

Thursday, 16 Feb 2017 | Volume14.Issue08

Deals

STSSB’s 186th ICPs oversubscribed

Thursday, 16 Feb 2017 | Volume14.Issue08

Deals

Fantastic year for Saudi Islamic insurers – but is the growth sustainable?

Thursday, 16 Feb 2017 | Volume14.Issue08

Qatar: A promising start

Wednesday, 15 Feb 2017 | Volume14.Issue08

IFN Correspondent Reports

Dubai transfers DEC to DED

Wednesday, 15 Feb 2017 | Volume14.Issue08

Real estate: Malaysian harvesting of London profits

Wednesday, 15 Feb 2017 | Volume14.Issue08

IFN Correspondent Reports

United Arab Bank

Wednesday, 15 Feb 2017 | Volume14.Issue08

Results

SPDR Gold Trust certified as Shariah compliant

Wednesday, 15 Feb 2017 | Volume14.Issue08

Asset Management

Riyad Bank to open SPV in Cayman Islands

Wednesday, 15 Feb 2017 | Volume14.Issue08

Indonesia to auction Sukuk

Wednesday, 15 Feb 2017 | Volume14.Issue08

Deals

Al Rayan forms partnership with Islamic Relief

Wednesday, 15 Feb 2017 | Volume14.Issue08

Hong Kong Exchanges and Clearing

Wednesday, 15 Feb 2017 | Volume14.Issue08

Moves

Islamic banking still riskier and less profitable than conventional lenders in Indonesia

Wednesday, 15 Feb 2017 | Volume14.Issue08

Union National Bank

Wednesday, 15 Feb 2017 | Volume14.Issue08

Results

Iran enhances ties with Japan and Azerbaijan

Wednesday, 15 Feb 2017 | Volume14.Issue08

Tadawul lists Al Jazira Mawten REIT

Wednesday, 15 Feb 2017 | Volume14.Issue08

Asset Management

Digi gets nod for Sukuk

Wednesday, 15 Feb 2017 | Volume14.Issue08

Deals

New IFN columnist

Wednesday, 15 Feb 2017 | Volume14.Issue08

Richard Thomas receives the Freedom of the City of London

Wednesday, 15 Feb 2017 | Volume14.Issue08

Abu Dhabi Islamic Bank

Wednesday, 15 Feb 2017 | Volume14.Issue08

Results

↑