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Tuesday, 05 Nov 2019 | Volume16.Issue44
Editor`s NoteSAUDI ARABIA: Allied Cooperative Insurance Group appoints Mohammad Abdullah Al-Gadhi as CEO
BAHRAIN: Bahrain Clear launches Bahrain Private Market to provide services to shareholding closed companies
MALAYSIA: Malaysia Aviation Group appoints Islamic finance expert and Khazanah Nasional CFO Faridah Bakar Ali as non-executive member of board
INDONESIA: Indosat mulls Sukuk issuance to fund further growth and digital initiatives, Investor Daily reports
SAUDI ARABIA: Musharaka REIT’s tenancy contracts for four investment properties to expire imminently
QATAR: Qatar First Bank completes rights issue of 420 million shares as part of capital increase
PAKISTAN: Securities and Exchange Commission of Pakistan issues master circular for asset management companies
SAUDI ARABIA: Saudi Enaya Insurance Company appoints financial advisor to manage capital decrease and subsequent capital increase
MALAYSIA: Bank Negara Malaysia issues Shariah compliant money market facilities worth a total of RM23.89 billion (US$5.34 billion)
BRUNEI: Brunei Darussalam Central Bank prices 209th Sukuk Ijarah issuance and 85th BDCB I-Bills issuance
GLOBAL: General Council for Islamic Banks and Financial Institutions submits comments on AAOIFI’s ‘Syndicated Financing’ exposure draft
BANGLADESH: Strategic Finance & Investments receives approval of Bangladesh Bank to launch Shariah-based wing
MALAYSIA: Bursa Malaysia onboards CGS-CIMB Securities and Kenanga Investment Bank into Islamic securities trading framework
UK: SHUAA Capital subsidiary Northacre Properties completes The Broadway project in London
MALAYSIA: MARC affirms ‘AA-IS’ rating on Penang Port’s Islamic medium-term note program worth up to RM1 billion (US$223.73 million)
PAKISTAN: PACRA maintains rating on Ghani Chemical Industries’s 2017 Sukuk at ‘A’ with stable outlook
MALAYSIA: MARC affirms ‘AA-IS’ rating on SHC Capital’s RM80 million (US$17.9 million) Islamic medium-term note issuance
PAKISTAN: First Pak Modaraba certificate holders approve company’s merger with First Prudential Modaraba
UAE: Dubai developer Nakheel plans refinancing facility with banks including Dubai Islamic Bank to raise AED17 billion (US$4.63 billion), Bloomberg reports
INDONESIA: CIMB Niaga Auto Finance plans to issue Sukuk by fourth quarter of 2022; to develop Shariah financing digital platform, Bisnis reports
MALAYSIA: Bank Negara Malaysia issues four Shariah compliant money market facilities
SAUDI ARABIA: Samsung C&T Corporation Saudi Arabia signs insurance contract with Wataniya Insurance Co
UK: Foot Anstey advises Qatar Islamic Bank UK on senior Murabahah facility to refinance commercial property asset
INDONESIA: Bank Syariah Indonesia collaborates with gold jewelry manufacturer Hartadinata Abadi for EmasKITA product
SAUDI ARABIA: Salama Cooperative Insurance Company’s board of directors recommends SAR200 million (US$53.26 million) capital increase
BAHRAIN: Ithmaar Holding opens nominations for four members of board, to be elected in upcoming ordinary general meeting in September 2022
MALAYSIA: PETRONAS’s program continues to facilitate financing for oil and gas service equipment vendors from three Islamic banks in Malaysia, among others, Bernama reports
MALAYSIA: Malaysian Takaful Association signs MoU with Informa to promote digital innovation and financial technology
BANGLADESH: Guardian Life to introduce Guardian Takaful by fourth quarter of 2022
MALAYSIA: Sunway Treasury Sukuk issues RM75 million (US$16.78 million) one-month Islamic commercial paper
GLOBAL: AAOIFI to hold public hearings for ‘Islamic Crowdfunding Governance’ governance standard exposure draft on the 22nd and 23rd August 2022
PAKISTAN: U Microfinance Bank opens 11th Islamic banking branch in Gulshan, Karachi
NIGERIA: Plateau State High Court adjourns case against Jaiz Bank’s takeover of Jos Main Market until 30th August, News Agency of Nigeria reports
MOROCCO: Volume of home financing facilities from Islamic banks in Morocco records 24% year-on-year increase as at June 2022, central bank says
PAKISTAN: State Bank of Pakistan to raise PKR300 billion (US$1.4 billion) through five-year Sukuk Ijarah papers
MALAYSIA: DanaInfra Nasional issues six Islamic medium-term notes worth RM1.6 billion (US$357.96 million) combined
MALAYSIA: 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
Tuesday, 05 Nov 2019 | Volume16.Issue44
Editor`s NoteTuesday, 05 Nov 2019 | Volume16.Issue44
IFN ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
IFN ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
Cover StoryTuesday, 05 Nov 2019 | Volume16.Issue44
IFN ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
IFN AnalysisTuesday, 05 Nov 2019 | Volume16.Issue44
IFN AnalysisTuesday, 05 Nov 2019 | Volume16.Issue44
ColumnTuesday, 05 Nov 2019 | Volume16.Issue44
ColumnTuesday, 05 Nov 2019 | Volume16.Issue44
Shariah PronouncementTuesday, 05 Nov 2019 | Volume16.Issue44
Back to BasicsTuesday, 05 Nov 2019 | Volume16.Issue44
FeaturesTuesday, 05 Nov 2019 | Volume16.Issue44
FeaturesTuesday, 05 Nov 2019 | Volume16.Issue44
FeaturesTuesday, 05 Nov 2019 | Volume16.Issue44
Special ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
Special ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
Case StudyTuesday, 05 Nov 2019 | Volume16.Issue44
IFN ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
ResultsTuesday, 05 Nov 2019 | Volume16.Issue44
News BriefsTuesday, 05 Nov 2019 | Volume16.Issue44
News BriefsTuesday, 05 Nov 2019 | Volume16.Issue44
News BriefsTuesday, 05 Nov 2019 | Volume16.Issue44
News BriefsTuesday, 05 Nov 2019 | Volume16.Issue44
MovesTuesday, 05 Nov 2019 | Volume16.Issue44
DealsTuesday, 05 Nov 2019 | Volume16.Issue44
DealsTuesday, 05 Nov 2019 | Volume16.Issue44
Asset ManagementTuesday, 05 Nov 2019 | Kuwait 2019
Rating UpdatesTuesday, 05 Nov 2019 | Volume16.Issue44
News BriefsTuesday, 05 Nov 2019 | Volume16.Issue44
News BriefsTuesday, 05 Nov 2019 | Volume16.Issue44
News BriefsTuesday, 05 Nov 2019 | Volume16.Issue44
MovesTuesday, 05 Nov 2019 | Volume16.Issue44
DealsTuesday, 05 Nov 2019 | Volume16.Issue44
DealsTuesday, 05 Nov 2019 | Volume16.Issue44
DealsTuesday, 05 Nov 2019 | Volume16.Issue44
IFN Correspondent ReportsTuesday, 05 Nov 2019 | Volume16.Issue44
IFN Correspondent ReportsMonday, 04 Nov 2019 | Kuwait 2019
IFN ReportsMonday, 04 Nov 2019 | Kuwait 2019
News BriefsMonday, 04 Nov 2019 | Volume16.Issue44
Rating UpdatesMonday, 04 Nov 2019 | Kuwait 2019
News BriefsMonday, 04 Nov 2019 | Volume16.Issue44
News BriefsMonday, 04 Nov 2019 | Kuwait 2019
News BriefsMonday, 04 Nov 2019 | Volume16.Issue44
News BriefsMonday, 04 Nov 2019 | Volume16.Issue44
News BriefsMonday, 04 Nov 2019 | Volume16.Issue44
MovesMonday, 04 Nov 2019 | Volume16.Issue44
MovesMonday, 04 Nov 2019 | Volume16.Issue44
DealsMonday, 04 Nov 2019 | Volume16.Issue44
Asset ManagementMonday, 04 Nov 2019 | Volume16.Issue44
Deals