Istithmar to spend US$2b
Friday, 07 Jul 2006 | Volume3.Issue22
News BriefsIRAN: Securities and Exchange Organization of Iran removes minimum capital requirement for establishing investment consulting companies
GLOBAL: Bahrain Institute of Banking and Finance discusses several Islamic finance collaborations in Kyrgyzstan; to facilitate first Sukuk issuance
PAKISTAN: Faysal Bank partners with OPay Pakistan to offer innovative financial and lending digital services
SAUDI ARABIA: Walaa Cooperative Insurance Co receives approval for capital increase for Sabb Takaful Co merger
SAUDI ARABIA: National Debt Management Center, Ministry of Finance and SNB Capital sign MoU to develop individual savings Sukuk
SAUDI ARABIA: Saudi Central Bank approves Bupa Arabia for Cooperative Insurance Company’s Bupa Policy Benefit Upgrade product
QATAR: QIIB to process application to increase foreign ownership limit in capital to 100%
KUWAIT: Central Bank of Kuwait raises discount rate by quarter percentage point to 2.75% effective the 11th August 2022
BOSNIA AND HERZEGOVINA: IFN welcomes Dr Jasmin Omercic as new correspondent for Bosnia and Herzegovina
INDONESIA: Indonesian government raises IDR10.64 trillion (US$717.41 million) from Sukuk auction on the 9th August 2022
SAUDI ARABIA: SABB Takaful Co announces resignation of Maha Al Sudairi as non-executive board member effective the 9th August 2022
GLOBAL: IsDB Institute invites nominations for IsDB Prize for Impact Achievement in Islamic Economics for 2023
UAE: Aafaq Islamic Finance appoints Nitin Gautam as senior vice-president of board secretary and legal
UAE: Eshraq Investments completes acquisition of Goldilocks Investment Company; owns 99.25% of its shares
OMAN: Ahli Islamic inaugurates 18th branch in Nizwa in line with expansion efforts
MALAYSIA: Danum Capital issues three Islamic medium-term notes worth RM9 million (US$2.02 million) combined
KUWAIT: Kuwait Finance House announces timetable for acquisition offer of up to 100% of shares of capital of Ahli United Bank Bahrain
KUWAIT: Central Bank of Kuwait auctions KWD160 million (US$520.42 million) bonds and related Tawarruq facilities
SAUDI ARABIA: Jabal Omar Development Company invites shareholders to vote on proposed share capital increase by way of debt conversion
SAUDI ARABIA: Al Widyan Saudi Real Estate Company general assembly approves capital decrease to SAR500,000 (US$133,148)
MALAYSIA: AmBank and Maybank bring Apple Pay to Islamic and conventional Visa and Mastercard users
SAUDI ARABIA: Islamic International Rating Agency reaffirms ‘A-/A2’ rating on Bank AlJazira on international scale
INDONESIA: National Committee for Islamic Economy and Finance meets with Aceh governor to discuss push for Shariah finance in province
MALAYSIA: Ministry of Agriculture and Food Industries to launch Agro-Food Takaful Insurance Scheme to compensate farmers after natural disasters
PAKISTAN: Securities and Exchange Commission of Pakistan amends regulations for unit-linked funds; sets maximum exposure in various assets
MALAYSIA: Perbadanan Kemajuan Negeri Selangor issues three Islamic papers worth RM100 million (US$22.41 million) combined
UAE: Abu Dhabi Islamic Bank receives accreditation from Proshred and Enviroserve for sustainability practices
MALAYSIA: Ethis Group launches private group of Shariah compliant-focused angel investors
MALAYSIA: Bank Muamalat Malaysia offers home financing worth up to RM400,000 (US$89,644) for self-employed workers
MALAYSIA: Maybank Islamic issues three Islamic commercial papers worth RM500 million (US$112.05 million) each
MALAYSIA: Tomei Gold & Jewellery Holdings prices Islamic medium-term notes worth RM35 million (US$7.84 million) in five-series issuance
MALAYSIA: AEON Credit Service proposes RM1 billion (US$224.11 million) Islamic commercial paper program; ‘P1’ rating assigned
SAUDI ARABIA: Alkhabeer REIT Fund manager decides against acquisition of Al-Khobar property; withdraws request to increase total value of assets
UAE: Islamic Arab Insurance Co board recommends capital reduction to write off AED398.17 million (US$108.39 million) accumulated losses
SAUDI ARABIA: Saudi Fisheries Company obtains SAR40 million (US$10.65 million) banking facility agreement from Al Rajhi Bank
SAUDI ARABIA: Bank Albilad incorporates Enjaz Payment Services Company with SAR200 million (US$53.26 million) share capital
MALAYSIA: Bank Negara Malaysia prints a variety of Islamic short-term papers totaling RM29.41 billion (US$6.6 billion)
BRUNEI: Brunei Darussalam Central Bank prices 84th issuance of BDCB I-Bills worth BN$5 million (US$3.62 million)
SAUDI ARABIA: Musharaka REIT Fund appoints RSM International as new auditors in place of Baker Tilly
SAUDI ARABIA: Capital Market Authority grants license to Afaq Capital Company to run securities business
MALAYSIA: Bank Negara Malaysia issues Islamic paper worth RM24.36 billion (US$5.46 billion)
GLOBAL: Flagship Healthcare Trust establishes Shariah compliant fund; receives first investment from the GCC
PAKISTAN: State Bank of Pakistan instructs banks to automate issuance of proceeds realization certificates
PAKISTAN: Central Directorate of National Savings of Pakistan to launch two Islamic savings schemes next month
BANGLADESH: Mohammed Mosharaf Hossain starts new position as CEO of Islamic Finance and Investment
OMAN: Energy Development Oman to issue Sukuk Ijarah worth at least US$1 billion, Bloomberg reports
SAUDI ARABIA: Saudi Central Bank licenses fintechs Enjaz Payments Services Company and Marta Financial Company
PAKISTAN: Kistpay partners with Pakistan Freelancers Association to provide Shariah compliant smartphone financing
MALAYSIA: Sunway Treasury Sukuk issues two Islamic commercial papers worth RM90 million (US$20.19 million) combined
INDONESIA: Medco Power Indonesia lists IDR500 billion (US$33.39 million) Phase I 2022 Sustainable Wakalah Sukuk on Indonesia Stock Exchange
Friday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
FeaturesFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Takaful NewsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Takaful News FeatureFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Rating UpdatesFriday, 07 Jul 2006 | Volume3.Issue22
Takaful NewsFriday, 07 Jul 2006 | Volume3.Issue22
Takaful NewsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
FeaturesFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Rating UpdatesFriday, 07 Jul 2006 | Volume3.Issue22
Rating UpdatesFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Meet The HeadFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
FeaturesFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Rating UpdatesFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Takaful NewsFriday, 07 Jul 2006 | Volume3.Issue22
Takaful NewsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Meet The HeadFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
News BriefsFriday, 07 Jul 2006 | Volume3.Issue22
Rating UpdatesFriday, 07 Jul 2006 | Volume3.Issue22
News Briefs