Dubai dynamics
Tuesday, 03 Apr 2018 | Volume15.Issue14
Editor`s NoteUAE: National Takaful Company secures ISO 10004:2018 certification for monitoring and measuring customer satisfaction
SAUDI ARABIA: Significant boost in IsDB’s paid-in capital will reverse recent climb in leverage, says Moody’s
UAE: Central Bank of UAE conducts cyberattack simulation on banking sector to boost resilience
KUWAIT: Central Bank of Kuwait allows banks to distribute cash dividends
GLOBAL: Islamic research centers in Saudi Arabia and Uzbekistan to collaborate on education and research
GLOBAL: Muscat Clearing and Depository welcomes First Abu Dhabi Bank as direct custodian member in Oman
GLOBAL: Codebase Technologies collaborates with BankBI to further augment digital banking solutions
TURKEY: Turkey’s central bank maintains policy rate at 17%
MALAYSIA: CapBay raises US$20 million in Series A funding round
PAKISTAN: Pakistani government signs agreements with independent power producers to pay PKR450 billion (US$2.8 billion) using cash and Sukuk for power projects
SRI LANKA: Seylan Bank appoints Ramesh Jayasekara as new COO
BAHRAIN: Al Salam Bank Bahrain appoints Don Hemantha Pradeep Kumara Wijesinghe as new chief technology officer
INDONESIA: Minister of State-Owned Enterprises Erick Thohir joins Syariah Economic Community as general chairperson
TURKEY: Vakif Katilim Bankasi makes return payments to holders of 91-day lease certificates
PAKISTAN: Pakistan to place 750 acres of Fatima Jinnah Park in Islamabad as guarantee for Sukuk; targets up to US$1 billion in upcoming issuance
MALAYSIA: Danga Capital places two Musharakah-based Islamic medium-term notes
MALAYSIA: Bank Negara Malaysia issues two Islamic liquidity management tools
TURKEY: Albaraka Turk Katilim Bankasi prints TRY140 million (US$18.84 million) lease certificates
EGYPT: Dr Islam Abdel Azim Azzam joins Financial Regulatory Authority of Egypt as board vice-chairman
SAUDI ARABIA: Dr Abdulrahman Ibrahim Al Humid, Bank Albilad’s board chairman, passes away
SINGAPORE: Sabana REIT records gross revenue decline by 5.5% to SG$37.4 million (US$28.29 million) for second half of 2020
MALAYSIA: Securities Commission Malaysia expands Green SRI Sukuk Grant Scheme to encourage sustainable investments
INDONESIA: Insurance provider Generali launches Akuberbagi.com platform for Waqf
BAHRAIN: Nael AlKujok joins GFH Financial Group as co-chief investment officer
SAUDI ARABIA: Bank Aljazira receives regulatory approval to appoint Naif Abdulkarim Al Abdulkareem as board member
SAUDI ARABIA: Bahri subsidiary National Chemical Carriers obtains SAR1.23 billion (US$327.73 million) Murabahah financing to finance chemical tankers
UK: Gatehouse Bank relaunches finance products for Houses in Multiple Occupation driven by significant demand and positive market outlook
MALAYSIA: FWD Takaful welcomes Adil Ahmad as chairman of board of directors
SAUDI ARABIA: Saudi Indian Company for Cooperative Insurance appoints Abdulwahab Ahmed Abed as head of audit committee
UAE: Dubai Financial Services Authority delists Dubai Islamic Bank’s US$1 billion lease certificates following full redemption
INDONESIA: Ministry of Public Works and Public Housing allocates IDR14.76 trillion (US$1.05 billion) in funds from State Shariah Securities for infrastructure development
MALAYSIA: Perbadanan Insurans Deposit Malaysia enhances Takaful and Insurance Benefits Protection Systems to boost consumer protection
KUWAIT: Capital Markets Authority renews licenses of two Shariah audit firms for three years
BANGLADESH: International Islamic Trade Finance Corporation to extend Murabahah facility to Eastern Bank in support of SMEs
BRUNEI: Autoriti Monetari Brunei Darussalam prices 12th issuance of AMBD Islamic Bills at BN$30 million (US$22.67 million) with a profit rate of 0.08%
MALAYSIA: Bank Negara Malaysia issues two Islamic papers totaling RM21.41 billion (US$5.31 billion)
QATAR: Alkhaleej Takaful Insurance opens board membership nominations
IRAN: Iranian insurers to launch human resources-related products as part of drive for new instruments
SAUDI ARABIA: IsDB Group plans new project to boost dates sector production chain to increase exports and employment
GLOBAL: Lebanon’s Bank Audi signs agreement with First Abu Dhabi Bank for latter’s 100% share capital acquisition in former’s Egyptian subsidiary unit
INDONESIA: President Joko Widodo to inaugurate cash Waqf movement in Indonesia
OMAN: Oman Arab Bank appoints Yasir Aqil Mohammed Badri as independent board member
UAE: Sharjah Islamic Bank records AED405.83 million (US$110.47 million) net profit for year 2020
MALAYSIA: Axis REIT reports lower net profit amid higher revenue in 2020
UK: [email protected] Capital secures official Shariah approval for Inventory Monetisation Platform
INDONESIA: Otoritas Jasa Keuangan proposes to make Shariah spin-off requirement voluntary instead of mandatory
MALAYSIA: Bank Negara Malaysia maintains overnight policy rate at 1.75% as global economy continues to recover
TURKEY: Albaraka Turk Katilim Bankasi sells TRY150 million (US$20.15 million) in lease certificates
IRAN: Iranian Ministry of Economic Affairs and Finance concludes 34th bond auction
SAUDI ARABIA: National Commercial Bank begins IPO for additional Tier 1 US dollar-denominated Sukuk facility
Tuesday, 03 Apr 2018 | Volume15.Issue14
Editor`s NoteTuesday, 03 Apr 2018 | Volume15.Issue14
Cover StoryTuesday, 03 Apr 2018 | Volume15.Issue14
Back to BasicsTuesday, 03 Apr 2018 | Volume15.Issue14
Shariah StandardTuesday, 03 Apr 2018 | Volume15.Issue14
IFN ReportsTuesday, 03 Apr 2018 | Volume15.Issue14
IFN ReportsTuesday, 03 Apr 2018 | Volume15.Issue14
IFN ReportsTuesday, 03 Apr 2018 | Volume15.Issue14
FeaturesTuesday, 03 Apr 2018 | Volume15.Issue14
FeaturesTuesday, 03 Apr 2018 | Volume15.Issue14
FeaturesTuesday, 03 Apr 2018 | Volume15.Issue14
FeaturesTuesday, 03 Apr 2018 | Volume15.Issue14
IFN AnalysisTuesday, 03 Apr 2018 | Volume15.Issue14
Special ReportsTuesday, 03 Apr 2018 | IFN WORLD LEADERS SUMMIT REPORT 2018
IFN AnalysisTuesday, 03 Apr 2018 | Volume15.Issue14
ColumnTuesday, 03 Apr 2018 | Volume15.Issue14
IFN ReportsTuesday, 03 Apr 2018 | Volume15.Issue14
DealsTuesday, 03 Apr 2018 | Volume15.Issue14
News BriefsTuesday, 03 Apr 2018 | Volume15.Issue14
Asset ManagementTuesday, 03 Apr 2018 | Volume15.Issue14
MovesTuesday, 03 Apr 2018 | Volume15.Issue14
MovesTuesday, 03 Apr 2018 | Volume15.Issue14
DealsTuesday, 03 Apr 2018 | Volume15.Issue14
DealsTuesday, 03 Apr 2018 | Volume15.Issue14
DealsTuesday, 03 Apr 2018 | Volume15.Issue14
Takaful NewsTuesday, 03 Apr 2018 | Volume15.Issue14
News BriefsTuesday, 03 Apr 2018 | Volume15.Issue14
Takaful NewsTuesday, 03 Apr 2018 | Volume15.Issue14
DealsTuesday, 03 Apr 2018 | Volume15.Issue14
MovesTuesday, 03 Apr 2018 | Special Awards Report 2019
Case StudyTuesday, 03 Apr 2018 | Volume15.Issue14
IFN Correspondent ReportsTuesday, 03 Apr 2018 | Volume15.Issue14
IFN Correspondent ReportsMonday, 02 Apr 2018 | Volume15.Issue14
IFN ReportsMonday, 02 Apr 2018 | Volume15.Issue14
Takaful NewsMonday, 02 Apr 2018 | Volume15.Issue14
Takaful NewsMonday, 02 Apr 2018 | Volume15.Issue14
Rating UpdatesMonday, 02 Apr 2018 | Volume15.Issue14
DealsMonday, 02 Apr 2018 | Volume15.Issue14
DealsMonday, 02 Apr 2018 | Volume15.Issue14
Asset ManagementMonday, 02 Apr 2018 | Volume15.Issue14
News BriefsMonday, 02 Apr 2018 | Volume15.Issue14
News BriefsMonday, 02 Apr 2018 | Volume15.Issue14
News BriefsMonday, 02 Apr 2018 | Volume15.Issue14
News BriefsMonday, 02 Apr 2018 | Volume15.Issue14
News BriefsMonday, 02 Apr 2018 | Volume15.Issue14
MovesMonday, 02 Apr 2018 | Volume15.Issue14
DealsMonday, 02 Apr 2018 | Volume15.Issue14
DealsMonday, 02 Apr 2018 | Volume15.Issue14
DealsMonday, 02 Apr 2018 | Volume15.Issue14
DealsMonday, 02 Apr 2018 | Volume15.Issue14
Deals