KUWAIT: Mezzan Holding Company signs market maker agreement on shares with KFH Capital Investment Company
GLOBAL: IsDB and The World Academy of Sciences collaborate to offer joint research and technology transfer grant to qualified women researchers
UK: Offa completes Shariah compliant rebridging facility worth GBP826,000 (US$1.15 million) for London properties
SAUDI ARABIA: Saudi Arabia’s insurance sector witnesses 2.3% growth as total written premiums reach SAR38.78 billion (US$10.34 billion) in 2020
KUWAIT: Kuwait International Bank partners with Mobiquity to design bank’s digital transformation
GLOBAL: IsDB and South Center release policy paper on strategies for South–South and triangular cooperation
INDONESIA: Five conventional banks to exit Aceh as province implements fully Islamic financial system
UZBEKISTAN: Trustbank signs agreement with ICS Financial Systems for Islamic banking software solution
SAUDI ARABIA: Arabian Shield Cooperative Insurance Company receives approval from Capital Market Authority for capital increase
PAKISTAN: Faysal Bank signs agreement with Emaar Properties to provide Islamic home financing facilities
PAKISTAN: Summit Bank welcomes Salman Zafar Siddiqi as new CFO
MALAYSIA: HSBC Malaysia launches online investment platform EZInvest offering Islamic and conventional investment funds
UAE: Codebase Technologies launches peer-to-peer payment and fund transfer solution SocialPay
MALAYSIA: Bank Negara Malaysia maintains overnight policy rate at 1.75%
MALAYSIA: Bank Muamalat signs MoU with Malaysia Automotive, Robotics and IoT Institute to develop Automotive Vendor Financing Programme
NIGERIA: Nigerian Exchange Group supports IFN Nigeria OnAir Forum 2021
MALAYSIA: Permodalan Nasional’s chief investment officer, Rizal Rickman Ramli, joins Sime Darby Property as new chairman
MALAYSIA: Permodalan Nasional appoints former chief justice Arifin Zakaria as group chairman
MALAYSIA: Sunway Treasury Sukuk prints RM50 million (US$12.12 million) Islamic commercial paper
MALAYSIA: Bank Negara Malaysia sells three Shariah papers
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