Strengthening the capital market
Wednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsMOROCCO: Bank Assafa partners with Wafa Takaful to launch two Takaful products
SAUDI ARABIA: Loan Financing Company selects ICS BANKS ISLAMIC software solution; to incorporate Islamic consumer microfinance company
SWITZERLAND: Islamic digital currency Islamic Coin receives Fatwa recognizing it as financial asset from Shariah perspective
MALAYSIA: RAM reaffirms ‘AA3/Stable’ rating on reNIKOLA Solar’s RM390 million (US$88.56 million) ASEAN Green SRI Sukuk
UAE: Abu Dhabi Islamic Bank signs agreement with Visa to bolster digital payments in the UAE
PAKISTAN: State Bank of Pakistan appeals Federal Shariat Court’s judgment to eliminate Riba by 2027
MALAYSIA: Bank Negara Malaysia establishes two subcommittees to further develop Malaysia’s onshore financial markets
SAUDI ARABIA: Gulf General Cooperative Insurance Company appoints board committee members including Jamal Abdullah AlDabbagh as chairman
MOROCCO: Mohamed Ibrahimi joins Wafa Takaful as managing director
KUWAIT: Warba Bank obtains Capital Markets Authority’s approval to update Sukuk program with US$2 billion ceiling
MALAYSIA: Tanjung Pinang Development prints three unrated Islamic medium-term notes
UK: Gatehouse Bank supports IFN UK Forum 2022 as partner and takes on lead partner role for annual Islamic Sustainable Finance & Investment report
MALAYSIA: Malaysian cabinet to implement Keluarga Malaysia Agrofood Financing Fund under Agrobank to tackle food security issues
MALAYSIA: Setia Fontaines sells unrated Islamic medium-term note worth RM10 million (US$2.27 million)
BRUNEI: Brunei Darussalam Central Bank prices 78th issuance of BDCB Islamic Bills at BN$22 million (US$15.87 million)
MALAYSIA: Bank Negara Malaysia issues three short-term Islamic liquidity management papers totaling RM28.6 billion (US$6.49 billion)
SAUDI ARABIA: Al Sagr Cooperative Insurance Company says request to dismiss board members “no longer valid”
UK: Foot Anstey represents Nester to suggest amendments to ISA Regulations regarding equivalent tax treatment for Shariah compliant peer-to-peer financing
SAUDI ARABIA: Saudi Arabia aims to increase digital transactions to 70% by 2025 via new Fintech Strategy Implementation Plan
MALAYSIA: Employees Provident Fund records RM15.85 billion (US$3.6 billion) in total investment income for first quarter of 2022
INDONESIA: Mandala Multifinance offers two-tranche Sukuk Mudarabah worth IDR650 billion (US$43.76 million)
MALAYSIA: Ethis Group and Gobi Partners collaborate to set up US$20 million Shariah compliant seed fund
MALAYSIA: Sun Life Malaysia Takaful launches Sun Life Malaysia Islamic Global Sustainable Fund
MALAYSIA: Nomura Asset Management Malaysia to roll out Nomura Global Shariah Sustainable Equity Fund
SAUDI ARABIA: Council of Cooperative Health Insurance renews Saudi Enaya Cooperative Insurance Company’s health insurance license
SAUDI ARABIA: AXA Cooperative Insurance Co officially changes name to Gulf Insurance Group
SAUDI ARABIA: Gulf Union Al Ahlia Cooperative Insurance Co reduces accumulated losses to 29.63% of capital through rights issue
BAHRAIN: GFH Financial Group acquires 1.22 million treasury shares
OMAN: MAQ Legal’s managing partner, Asad Qayyum, joins IFN as correspondent for Oman
SINGAPORE: CGS-CIMB Securities launches Shariah compliant cash upfront trading account iCash in Singapore
MALAYSIA: Sunway Treasury Sukuk prints RM75 million (US$17.01 million) Islamic commercial paper
MALAYSIA: Sabah Credit Corporation prints Sukuk paper worth RM80 million (US$18.15 million) with a profit rate of 3.55%
MALAYSIA: Bank Malaysia issues three Islamic liquidity management papers
MALAYSIA: MARC affirms ‘AA-IS’ rating on Grand Sepadu’s RM210 million (US$47.67 million) Sukuk Murabahah with stable outlook
UK: StrideUp secures GBP280 million (US$343.02 million) in investment to support launch of Islamic home financing solution
BAHRAIN: GFH Financial Group acquires 2.35 million of its shares, increasing total holding to 8.82% of total issued shares
GLOBAL: Codebase Technologies joins Visa Fintech Partner Connect
UAE: Rebecca Davies joins Charles Russell Speechlys as legal director
PAKISTAN: VIS Credit Rating Company finalizes instrument rating at ‘A+’ for OBS AGP’s PKR2.6 billion (US$12.21 million) Sukuk issue
PAKISTAN: Securities and Exchange Commission of Pakistan calls for public consultation for two regulations
GLOBAL: Association of National Development Finance Institutions in Member Countries of the IsDB appoints Agrobank as management committee member
MALAYSIA: CIMB Group appoints Chu Kok Wei and Novan Amirudin as co-CEOs of group wholesale banking business
MALAYSIA: Affin Hwang Asset Management launches Shariah compliant Affin Hwang Aiiman Global Thematic Mixed Asset Fund
UAE: Islamic Arab Insurance Company partners with Wellx to offer wellness-led insurance plans
PAKISTAN: Pak-Qatar Family Takaful signs MoU with Sehat Kahani to promote Takaful products
SAUDI ARABIA: Diriyah Gate Development Authority signs MoU with Al Rajhi Bank to provide home financing
MALAYSIA: Standard Chartered Malaysia appoints Samuel Ding as head of transaction banking
PAKISTAN: Shahid Sattar to step down as CEO and president of Samba Bank Pakistan
MALAYSIA: Sunway Treasury Sukuk sells RM135 million (US$30.64 million) Islamic commercial paper
MALAYSIA: Malaysia issues RM4.5 billion (US$1.02 billion) Sukuk Murabahah
Wednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
FeaturesWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
MovesWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
Cover StoryWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
FeaturesWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
IFN ReportsWednesday, 25 Jul 2012 | Volume9.Issue29
Islamic Investor NewsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
Islamic Investor NewsWednesday, 25 Jul 2012 | Volume9.Issue29
Takaful NewsWednesday, 25 Jul 2012 | Volume9.Issue29
IFN ReportsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
Rating UpdatesWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
IFN ReportsWednesday, 25 Jul 2012 | Volume9.Issue29
Takaful NewsWednesday, 25 Jul 2012 | Volume9.Issue29
Editor`s NoteWednesday, 25 Jul 2012 | Volume9.Issue29
Special ReportsWednesday, 25 Jul 2012 | Volume9.Issue29
IFN ReportsWednesday, 25 Jul 2012 | Volume9.Issue29
Meet The HeadWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
Takaful NewsWednesday, 25 Jul 2012 | Volume9.Issue29
Islamic Investor NewsWednesday, 25 Jul 2012 | Volume9.Issue29
InsiderWednesday, 25 Jul 2012 | Volume9.Issue29
Rating UpdatesWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
Cover StoryWednesday, 25 Jul 2012 | Volume9.Issue29
Rating UpdatesWednesday, 25 Jul 2012 | Volume9.Issue29
FeaturesWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
IFN ReportsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
Case StudyWednesday, 25 Jul 2012 | Volume9.Issue29
MovesWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
News BriefsWednesday, 25 Jul 2012 | Volume9.Issue29
Rating UpdatesWednesday, 25 Jul 2012 | Volume9.Issue29
News Briefs