AUSTRALIA: Hejaz Financial Services to launch Islamic financial advisors network of up to 200 authorized representatives
KAZAKHSTAN: Tayyab engages Shariyah Review Bureau as advisor for newly launched debit cards
LIBYA: Libya to reopen stock market with two Islamic banks’ IPOs and three investment Sukuk issuances
GLOBAL: AAOIFI issues updated version of Auditing Standard for Islamic Financial Institutions 6
INDONESIA: National Zakat Agency signs MoU with Bank Negara Indonesia for Zakat management
EGYPT: First Abu Dhabi Bank commences integration process of Bank Audi Egypt and First Abu Dhabi Bank Egypt
PAKISTAN: Former governor of State Bank of Pakistan Dr Shamshad Akhtar joins Pakistan Stock Exchange as new chairperson
BANGLADESH: Golam Awlia joins NRB Commercial Bank as CEO and managing director
MALAYSIA: Sovereign wealth fund Khazanah Nasional prices dual-tranche US dollar-denominated Sukuk
BANGLADESH: Bangladesh Export Import Company seeks Bangladesh Securities and Exchange Commission’s approval for Sukuk issuance
MALAYSIA: Maybank Islamic to fully purchase outstanding Islamic commercial papers totaling RM1.5 billion (US$364.08 million)
MALAYSIA: Al Aqar Capital redeems three-tranche Islamic medium-term notes totaling RM575 million (US$139.56 million)
TURKEY: TF Varlik Kiralama sells TRY500 million (US$59.96 million) domestic lease certificates to qualified investors
MALAYSIA: Putrajaya Holdings prints RM50 million (US$12.14 million) Islamic medium-term note with a profit rate of 3.6%
MALAYSIA: Bank Negara Malaysia issues two short-term Islamic papers
TURKEY: Albaraka Turk Katilim Bankasi auctions TRY50 million (US$6 million) lease certificates
TURKEY: Fitch affirms Ziraat Bankasi’s long-term rating at ‘B+’ with a negative outlook
OMAN: Alizz Islamic Bank to offer home financing solutions to clients of Zain Property Development
GLOBAL: AAOIFI releases Arabic version of accounting standard for Waqf institutions
GLOBAL: Securities Commission Malaysia collaborates with UK’s Oxford Centre for Islamic Studies to offer fellowship in Islamic finance
PAKISTAN: Meezan Bank and Export-Import Bank of Pakistan partner up to provide Islamic finance consulting for corporates and SMEs
SAUDI ARABIA: Walaa Cooperative Insurance Company renews license for another year
SAUDI ARABIA: SABB Takaful Company enters into bancaTakaful deal with Saudi British Bank
SRI LANKA: LOLC Al-Falaah supports IFN OnAir Roadshow Sri Lanka 2021
BANGLADESH: Gazi Golam Ashria joins Jamuna Bank as new chairman
MALAYSIA: S P Setia seeks Securities Commission Malaysia’s approval to establish RM3 billion (US$727.98 million) Sukuk Wakalah program
INDONESIA: Mora Telematika Indonesia lists two-tranche Sukuk Ijarah on Indonesia Stock Exchange
CANADA: Wealthsimple raises US$750 million, bringing valuation to US$5 billion
MALAYSIA: Tanjung Pinang Development auctions three unrated Islamic medium-term notes
INDONESIA: Indonesia raises IDR10 trillion (US$691.76 million) from Sukuk auction
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers oversubscribed
KUWAIT: Central Bank of Kuwait places bonds and Tawarruq papers totaling KWD240 million (US$794.53 million)
GLOBAL: International Islamic Liquidity Management Corporation reissues three-tranche short-term Sukuk worth US$1.11 billion
MALAYSIA: DanaInfra Nasional places five Islamic medium-term notes totaling RM2 billion (US$485.32 million)
BAHRAIN: Central Bank of Bahrain’s short-term Sukuk Ijarah worth BHD26 million (US$68.58 million) oversubscribed
MALAYSIA: Bank Negara Malaysia issues two Shariah papers
SAUDI ARABIA: Bupa Arabia for Cooperative Insurance Co records increase in net profit before Zakat to SAR175.42 million (US$46.74 million)
KUWAIT: Fitch affirms Warba Bank’s ‘A+’ rating with negative outlook
JORDAN: Jordan Islamic Bank to launch its digital self-services initiative supported by STS
SAUDI ARABIA: Financial Academy partners with Islamic Finance Division of Saudi Central Bank to launch new professional certificate
MALAYSIA: Bank Negara Malaysia issues finalized guidance document on climate change and taxonomy for financial institutions
MALAYSIA: Bank Islam Malaysia embarks on five-year roadmap as part of 2021 business plan
EGYPT: Elite Consultancy House to advise three companies planning to issue Sukuk during first half of 2021
MALAYSIA: Syarikat Takaful Malaysia Keluarga introduces new initiatives under digital agenda for 2021
QATAR: Alkhaleej Takaful Insurance Company increases Wakalah fees to 26% from 21%
SAUDI ARABIA: Company for Cooperative Insurance receives Saudi Central Bank’s approval on insurance product covering COVID-19 risks
BAHRAIN: Al Salam Bank Bahrain launches new corporate deposit card
MALAYSIA: Sabah Credit Corporation fully redeems RM1.75 billion (US$426.2 million) Islamic commercial papers
MALAYSIA: RH Consortium auctions unrated Islamic medium-term note with a profit rate of 8%
MALAYSIA: Perbadanan Kemajuan Negeri Selangor sells two Islamic papers
Wednesday, 04 Aug 2010 | Volume7.Issue31
FeaturesWednesday, 04 Aug 2010 | Volume7.Issue31
News BriefsWednesday, 04 Aug 2010 | Volume7.Issue31
MovesWednesday, 04 Aug 2010 | Volume7.Issue31
News BriefsWednesday, 04 Aug 2010 | Volume7.Issue31
News Briefs