Tamweel cuts base rate by 7.9%
Wednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsMALAYSIA: Malaysian government to extend Shariah compliant myezycover.com vehicle insurance scheme to outside civil service
BAHRAIN: Al Salam Bank signs definitive agreements with Ithmaar Holding to acquire group of assets from Ithmaar Holding’s group of companies
UK: Primary Finance opens third investment window for those wanting to apply for Shariah compliant savings account
UK: Nester completes GBP1.2 million (US$1.45 million) bridge financing
OMAN: Oman lists sixth sovereign Sukuk paper worth OMR150 million (US$388.41 million) on Muscat Stock Exchange
PAKISTAN: Hilal Invest partners with AKD Investment Management to offer Islamic investment products
SAUDI ARABIA: Allianz Saudi Fransi Cooperative Insurance Co signs insurance coverage agreement with Banque Saudi Fransi
SAUDI ARABIA: Riyad Bank signs bancassurance distribution agreement with Al Alamiya for Cooperative Insurance Company
KUWAIT: Kuwait Finance House receives Competition Protection Agency’s approval on potential acquisition of Ahli United Bank; Ahli United Bank not party to discussions
MALAYSIA: IOUpay names Wan Ahmad as non-executive board chairman amid move toward Shariah compliance
KUWAIT: Warba Bank names Hussam Sulieman Mustafa and Abdullah Mahmoud AlLanqawi as chief internal auditor and chief treasury officer respectively
SAUDI ARABIA: Saudi king appoints new deputy governors for investment and research as well as control and technology portfolios
MALAYSIA: Securities Commission Malaysia names four senior appointments including Azalina Adham as executive director of business group strategy and policy
GLOBAL: Qatar First Bank acquires Gateway Plaza building in the US
PAKISTAN: State Bank of Pakistan appoints Tariq Naseem as head of Islamic Finance Department
MALAYSIA: Bank Rakyat appoints Dr Mohammad Hanis Osman as new CEO
MALAYSIA: Takaful Ikhlas Family signs MoU with Majlis Agama Islam Negeri Sembilan to support social finance initiatives
BANGLADESH: CSE Shariah Index revised to include 12 new companies and exclude 11 companies effective the 17th July 2022
EGYPT: Abd ElRahman Saad joins Abu Dhabi Islamic Bank–Egypt as business development assistant manager of e-payments
MALAYSIA: Malaysia’s first peer-to-peer asset-based financing platform Capsphere receives Shariah certification
MALAYSIA: Malaysia issues RM2.5 billion (US$566.93 million) Malaysian Islamic Treasury Bill
MALAYSIA: Ihsan Sukuk fully utilizes RM100 million (US$22.68 million) SRI Sukuk to fund Yayasan AMIR’s Trust School Programme for 2016
NIGERIA: National Insurance Commission of Nigeria revokes certificates of registration of Niger Insurance and Standard Alliance Insurance
UAE: Dubai International Financial Centre selects Tarabut Gateway as technical platform partner for Open Finance Lab
UAE: Dubai Financial Services Authority imposes restriction on Trevor Conway “to protect the integrity of Islamic finance” following investigation of misconduct
GLOBAL: Saudi buy-now-pay-later platform Tamara expands into the UAE
GLOBAL: Gulf Islamic Investments acquires majority stake in UK Shariah compliant bridge financier OFFA
MALAYSIA: Bank Negara Malaysia issues policy document on bancaTakaful and bancassurance
MOROCCO: La Marocaine Vie launches Al Maghribia Takaful to offer Takaful products in Morocco
KUWAIT: Warba Bank and Boubyan Bank each submit applications to establish digital bank under Central Bank of Kuwait umbrella
UK: Gatehouse Bank launches savings app to support customers in managing personal savings accounts
MALAYSIA: Joint Committee on Climate Change releases Task Force on Climate-related Financial Disclosures application guide
SAUDI ARABIA: Saudi British Bank appoints veteran banker Yasser Ali Al-Barrak as CEO of corporate and institutional banking
PAKISTAN: Securities and Exchange Commission of Pakistan permits licensed investment advisors to offer employer pension funds
OMAN: Sustainable city Yiti signs MoU with Sohar Islamic Bank to offer escrow services to buyers of upcoming residential units
MALAYSIA: Securities Commission Malaysia launches SRI-linked Sukuk framework to facilitate companies’ transition to net zero
MALAYSIA: Malaysia Building Society appoints Nor Azam M Taib as group CEO
MALAYSIA: HSBC Bank Malaysia appoints Karel Avni Doshi as head of commercial banking
SAUDI ARABIA: Stefano Paolo Bertamini resigns as independent board member of Al Rajhi Bank
NIGERIA: President Muhammadu Buhari reappoints Patience Oniha as director-general of Debt Management Office
MALAYSIA: Bank Negara Malaysia issues four short-term Shariah papers
MALAYSIA: Cagamas prices ASEAN Sustainability SRI Sukuk paper at RM150 million (US$34.02 million)
QATAR: Ali Bin Ghanim Group resigns from membership on Qatar Islamic Bank’s board of directors
SAUDI ARABIA: Saudi Real Estate Company completes early repayment of SAR535.32 million (US$142.55 million) to Riyad Bank
PAKISTAN: Finance minister instructs National Bank of Pakistan to withdraw Supreme Court appeal on Federal Shariat Court’s Riba verdict
PAKISTAN: Popular Islamic Modaraba appoints Kamran Hussain Mughal as new chief executive
UAE: Dubai Islamic Bank becomes first Islamic bank to go live with Arab Monetary Fund’s Buna cross-border payment system
UAE: Abu Dhabi Islamic Bank launches plot financing facility enabling customers to purchase land for investment or homeownership purposes
GAMBIA: Central Bank of Gambia concludes auction featuring three Sukuk Salam papers
MALAYSIA: Sunway Treasury Sukuk places four unrated Islamic medium-term notes
Wednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Takaful NewsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Takaful NewsWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
Takaful NewsWednesday, 03 Feb 2010 | Volume7.Issue05
MovesWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Takaful NewsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
IFN ReportsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
IFN ForumWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
MovesWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
MovesWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
Editor`s NoteWednesday, 03 Feb 2010 | Volume7.Issue05
Meet The HeadWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
MovesWednesday, 03 Feb 2010 | Volume7.Issue05
MovesWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
News BriefsWednesday, 03 Feb 2010 | Volume7.Issue05
Rating UpdatesWednesday, 03 Feb 2010 | Volume7.Issue05
FeaturesWednesday, 03 Feb 2010 | Volume7.Issue05
News Briefs