London calling
Monday, 10 Sep 2018 | Volume15.Issue37
Editor`s NoteMALAYSIA: Bank Islam and Selangor State Development Corporation sign MoU to offer Islamic home financing facilities, Bernama reports
BAHRAIN: Al Baraka Group announces resignation of Mohammed Abdulla Elqaq as senior vice-president–head of commercial banking
INDONESIA: Indonesian government to offer retail Sukuk series SR017; to auction state Shariah securities worth IDR9 trillion (US$609.46 million)
NIGERIA: Jaiz Bank’s board of directors receives approval from shareholders to raise NGN150 billion (US$357.24 million) via Sukuk
TURKIYE: Turkish milling company Eksun Gida raises TRY200 million (US$11.13 million) in sophomore Sukuk issuance
PAKISTAN: State Bank of Pakistan details minimum features for Roshan Digital Account mobile applications to be developed by banks
BANGLADESH: First Security Islami Bank signs remittance drawing arrangement agreement with SHIFT Financial Services
UAE: Abesh Chatterjee resigns as head of risk management at GFH Financial Group
MALAYSIA: Bank Negara Malaysia prints Islamic money market facilities worth a total of RM22.17 billion (US$4.96 billion)
IRAQ: Al-Ataa Islamic Bank selects ICS Financial Systems’s Shariah compliant software solution
UK: Gatehouse Bank temporarily pauses home financing products citing “unprecedented level of demand”, Financial Times reports
MALAYSIA: Sunway Treasury Sukuk issues RM50 million (US$11.19 million) one-month Islamic commercial paper
MALAYSIA: Maxis Broadband issues two Islamic medium-term notes worth RM400 million (US$89.54 million) combined
MALAYSIA: Leader Energy’s ASEAN Green Sustainable and Responsible Investment Sukuk Wakalah rating of ‘AA-IS’ affirmed
QATAR: Masraf Al Rayan hosts delegation from Indonesian Banking Development Institute as part of Islamic Bank Branch Manager Program
UK: Foot Anstey’s Islamic finance sector business increases by 18% for 2021–22 financial year
MALAYSIA: Titijaya Land issues Islamic commercial paper worth RM30 million (US$6.72 million) on the 17th August 2022
MALAYSIA: Johor Port to issue Islamic program with combined limit up to RM1 billion (US$223.84 million); ‘MARC-1IS/AA-IS’ preliminary ratings assigned
MALAYSIA: Malaysian government and central bank issue Islamic papers
PAKISTAN: State Bank of Pakistan injects PKR743 billion (US$3.46 billion) into banks with 15.11% return rate, The Express Tribune reports
PAKISTAN: Rafah National Savings holds first Shariah board meeting; two Islamic products approved
PAKISTAN: Habib Bank opens new Islamic banking branch in Lahore, The News International reports
SOMALIA: IsDB assures it is working with Somalia to promote socioeconomic development and prosperity
UAE: Dubai Financial Market to allow Dubai Gold and Commodities Exchange licensed brokerage firms to become derivatives members
PAKISTAN: State Bank of Pakistan automates verification of refinance claims under Export Finance Scheme
MALAYSIA: APM Automotive Holdings issues Islamic medium-term note worth RM50 million (US$11.22 million)
SAUDI ARABIA: Council of Cooperative Health Insurance renews company qualification of Buruj Cooperative Insurance Company for one year
SAUDI ARABIA: Saudi Capital Market Authority board issues resolution to refer two companies to Public Prosecution
MALDIVES: Maldives procures medical equipment for frontline workers and health facilities with funding from IsDB totaling US$34.1 million to date
MALAYSIA: CIMB Islamic Bank to partner with Yayasan Waqaf Malaysia and Yayasan Belia Malaysia for Rider Entrepreneur Programme 2022
MALAYSIA: Malaysia Venture Capital Management welcomes Noor Amy Ismail as COO and Paramjit Singh Gill as chief investment officer
MALAYSIA: Ranhill Solar Ventures proposes Sukuk Murabahah program of up to RM310 million (US$69.54 million); ‘AA3/Stable’ rating assigned
MALAYSIA: BGSM Management issues two Islamic medium-term notes worth RM350 million (US$78.52 million) combined
MALAYSIA: BGRB Venture issues RM4 million (US$897,332) unrated Islamic medium-term note on the 15th August 2022
INDONESIA: Indonesia Stock Exchange lists Sukuk issued by Indah Kiat Pulp & Paper, Sarana Multi Infrastruktur and Kereta Api Indonesia
BAHRAIN: Central Bank of Bahrain’s monthly Sukuk Salam issuance worth BHD43 million (US$113.35 million) oversubscribed
MALAYSIA: Malaysian Ministry of Human Resources launches Shariah compliant financing facility for skilled workers, Bernama reports
MALAYSIA: Al Rajhi Bank Malaysia partners with Darwinbox to digitalize human resources processes
INDONESIA: Indonesian regulatory and financial entities collaborate to encourage younger generation to participate in sustainable investing
SAUDI ARABIA: Bupa Arabia for Cooperative Insurance appoints Loay Hisham Nazer as chairman of board; appoints other board members
ETHIOPIA: Kacha Digital Financial Services to finalize preparatory activities to launch Shariah compliant financial services
INDONESIA: Kereta Api Indonesia raises IDR4.6 trillion (US$313.08 million) through Sukuk and bonds; receives oversubscription of 2.3 times, Kontan reports
UAE: Pure Harvest Smart Farms eyes new Sukuk or conventional bond issuance to support expansion, Salaam Gateway reports
SAUDI ARABIA: Tamam Financing Company launches Murabahah financing to enable instant access to financing and flexible repayment options
OMAN: Oman Cement Company appoints Sohar Islamic Bank as mandated lead arranger for expansion project
OMAN: Bank Nizwa pledges OMR40,000 (US$103,547) to support flood-stricken communities in Rustaq and Al Awabi
GLOBAL: AAOIFI begins digital transformation and process automation journey; appoints Lyst Technologies to assist
MALAYSIA: Meem Gold & Jewellery receives Shariah compliance certification from Elzar Shariah Solutions and Advisory
MALAYSIA: Merchant commerce platform Pine Labs partners with Bank Simpanan Nasional to enable digital Pay Later
MALAYSIA: Malaysian banking associations increase security measures in response to iPay88 cybersecurity incident
Monday, 10 Sep 2018 | Volume15.Issue37
Editor`s NoteMonday, 10 Sep 2018 | Volume15.Issue37
IFN ReportsMonday, 10 Sep 2018 | Volume15.Issue37
IFN ReportsMonday, 10 Sep 2018 | Volume15.Issue37
ColumnMonday, 10 Sep 2018 | Volume15.Issue37
IFN AnalysisMonday, 10 Sep 2018 | Volume15.Issue37
IFN AnalysisMonday, 10 Sep 2018 | Volume15.Issue37
IFN ReportsMonday, 10 Sep 2018 | UK Islamic Finance Week Report 2018
IFN ReportsMonday, 10 Sep 2018 | UK Islamic Finance Week Report 2018
Cover StoryMonday, 10 Sep 2018 | Volume15.Issue37
IFN ReportsMonday, 10 Sep 2018 | Volume15.Issue37
Back to BasicsMonday, 10 Sep 2018 | Volume15.Issue37
Shariah StandardsMonday, 10 Sep 2018 | Volume15.Issue37
FeaturesMonday, 10 Sep 2018 | Volume15.Issue37
FeaturesMonday, 10 Sep 2018 | Volume15.Issue37
Special ReportsMonday, 10 Sep 2018 | Volume15.Issue37
IFN ReportsMonday, 10 Sep 2018 | Volume15.Issue37
Rating UpdatesMonday, 10 Sep 2018 | Volume15.Issue37
News BriefsMonday, 10 Sep 2018 | Volume15.Issue37
Asset ManagementMonday, 10 Sep 2018 | Volume15.Issue37
News BriefsMonday, 10 Sep 2018 | Volume15.Issue37
News BriefsMonday, 10 Sep 2018 | Volume15.Issue37
News BriefsMonday, 10 Sep 2018 | Volume15.Issue37
News BriefsMonday, 10 Sep 2018 | Volume15.Issue37
News BriefsMonday, 10 Sep 2018 | Volume15.Issue37
News BriefsMonday, 10 Sep 2018 | Volume15.Issue37
MovesMonday, 10 Sep 2018 | Volume15.Issue37
DealsMonday, 10 Sep 2018 | Volume15.Issue37
DealsMonday, 10 Sep 2018 | Volume15.Issue37
DealsMonday, 10 Sep 2018 | Volume15.Issue37
Case StudyMonday, 10 Sep 2018 | Volume15.Issue37
IFN Correspondent ReportsMonday, 10 Sep 2018 | Volume15.Issue37
IFN Correspondent ReportsFriday, 07 Sep 2018 | Volume15.Issue37
IFN ReportsFriday, 07 Sep 2018 | Volume15.Issue37
News BriefsFriday, 07 Sep 2018 | Volume15.Issue37
DealsFriday, 07 Sep 2018 | Volume15.Issue37
News BriefsFriday, 07 Sep 2018 | Volume15.Issue37
MovesFriday, 07 Sep 2018 | Volume15.Issue37
MovesFriday, 07 Sep 2018 | Volume15.Issue37
DealsFriday, 07 Sep 2018 | Volume15.Issue37
News BriefsFriday, 07 Sep 2018 | Volume15.Issue37
DealsFriday, 07 Sep 2018 | Volume15.Issue37
News BriefsFriday, 07 Sep 2018 | Volume15.Issue37
News BriefsFriday, 07 Sep 2018 | Volume15.Issue37
News BriefsFriday, 07 Sep 2018 | Volume15.Issue37
DealsFriday, 07 Sep 2018 | Volume15.Issue37
Asset ManagementFriday, 07 Sep 2018 | Volume15.Issue37
Takaful NewsFriday, 07 Sep 2018 | Volume15.Issue37
Rating UpdatesFriday, 07 Sep 2018 | Volume15.Issue37
News BriefsFriday, 07 Sep 2018 | Volume15.Issue37
News Briefs