MALAYSIA: WCT Holdings sells Islamic paper worth RM100 million (US$21.34 million)
TURKIYE: Turkiye Real Estate Bank launches Sukuk worth TRY1 billion (US$31.14 million)
KUWAIT: Kuwait International Bank to issue additional Tier 1 capital Sukuk worth up to US$300 million
GAMBIA: Central Bank of The Gambia completes Sukuk Salam auction
BRUNEI: Brunei Darussalam Central Bank prices 163rd issuance of BDCB Islamic Bills worth BN$2 million (US$1.5 million)
SAUDI ARABIA: Saudi National Debt Management Center’s second round of savings Sukuk reaches SAR959 million (US$255.53 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM18.07 billion (US$3.86 billion)
BAHRAIN: Bank of Bahrain and Kuwait and National Bank of Bahrain in process of appointing advisors for potential merger
PAKISTAN: Bank of Khyber to provide Capital Metropolitan Government of Peshawar’s employees with Shariah compliant financing
SAUDI ARABIA: Saudi Capital Market Authority licenses Khwarizmi Capital Company to conduct managing investments activity
SAUDI ARABIA: ARAT Capital receives Financial Technology Experimental Permit from Saudi Capital Market Authority
SAUDI ARABIA: Saudi Lime renews Shariah compliant facilities agreement with Arab National Bank
BAHRAIN: Bahrain Islamic Bank partners with Al Janabiya Gate Real Estate, The Daily Tribune News of Bahrain reports
OMAN: Muscat Stock Exchange lists Meethaq Islamic Banking’s Sukuk worth OMR16.53 million (US$42.81 million)
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities valued at KWD240 million (US$779.43 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM14.62 billion (US$3.12 billion)
UAE: Investcorp Capital agrees to US$800 million refinancing by way of revolving credit facility
KUWAIT: Warba Bank partners with Taskeen Real Estate to provide real estate management services
GLOBAL: Al Salam Bank increases shareholding in Al Salam Bank Algeria
GLOBAL: IsDB and United Nations Office for South–South Cooperation launch Joint Global Advocacy Dialogue Series
BANGLADESH: Bangladesh Bank offers Islamic Banks Liquidity Facility
PAKISTAN: Muhammad Aurangzeb resigns as president and CEO of Habib Bank
MALAYSIA: Westports Malaysia registers Sukuk Wakalah program worth up to RM5 billion (US$1.07 billion)
TURKIYE: Turkiye Real Estate Bank issues Sukuk worth TRY2.22 billion (US$69.34 million) in total
MALAYSIA: Malaysia Rail Link to issue Sukuk under SDG Sukuk framework
MALAYSIA: KLCC Property Holdings registers Sukuk under Lodge and Launch Framework
SAUDI ARABIA: Cenomi Centers completes private placement issuance of additional US$100 million Sukuk
SAUDI ARABIA: National Building and Marketing Company renews Shariah compliant banking facilities agreement with Riyad Bank
SAUDI ARABIA: Halwani Bros renews Shariah compliant facilities agreement worth SAR55 million (US$14.66 million)
SAUDI ARABIA: Ajeej Steel Manufacturing Company and its derivatives renew Shariah compliant facilities agreement
MALAYSIA: Hong Leong Islamic Bank partners with Halal Development Corporation to launch BizHalal program
MALAYSIA: Malakoff lodges Islamic commercial papers and Islamic medium-term notes programs
MALAYSIA: Gamuda Land issues Islamic commercial paper worth RM200 million (US$42.68 million)
PAKISTAN: State Bank of Pakistan conducts Shariah compliant Mudarabah-based open market operation liquidity injection
BANGLADESH: Bangladesh Bank offers Islamic Banks Liquidity Facility
UAE: Ajit Joshi resigns as board member of SALAMA
QATAR: QIIB announces Sheikh Abdullah Thani AT Al-Thani as managing director for board of directors
SAUDI ARABIA: Arabian Shield Cooperative Insurance appoints Adel Abalkheel, Rasheed Alrasheed and Meshal Alrabea as board members
OMAN: Muscat Stock Exchange lists Tilal Development Company’s Sukuk worth OMR55.91 million (US$144.83 million)
MALAYSIA: LBS Bina Group issues Sukuk worth RM23 million (US$4.9 million) in total
BAHRAIN: Central Bank of Bahrain raises BHD46.45 million (US$122.21 million) through Sukuk Salam issuance
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM17.06 billion (US$3.64 billion) in total
PAKISTAN: Mahaana Islamic Index goes live on Pakistan Stock Exchange
MALAYSIA: WCT Holdings issues Islamic medium-term note worth RM50 million (US$10.67 million)
MALAYSIA: Cagamas sells Sukuk worth RM300 million (US$63.98 million)
BANGLADESH: Bangladesh Bank offers Bangladesh Government Islami Investment Bonds
NIGERIA: Debt Management Office of Nigeria lists Nigerian government’s sixth sovereign Sukuk worth NGN350 billion (US$219.4 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM23.88 billion (US$5.09 billion) in total
INDONESIA: Secha partners with MRP Premier Group to expand in Indonesia
OMAN: Bank Nizwa confirms support for IFN Oman Forum 2024 as partner
14 December 2023
Manama, 12th December 2023: Bahrain, a prominent figure in the world of Islamic finance, continues to be a trailblazer in advancing knowledge capital and promoting innovation in the industry. Home to influential global Islamic standard-setting bodies such as AAOIFI, International Islamic Financial Market and the General Council for Islamic Banks and Financial Institutions, Bahrain has...
12 December 2023
Riyadh, 12th December 2023: Saudi Arabia, a driving force behind Islamic finance, remains the global leader in Islamic financial assets. The Kingdom's commitment to advancing Islamic finance is prominently featured in its Vision 2030 objectives, and it continues to prioritize the sector through innovative initiatives. IFN, with the support of the IsDB as the multilateral...
7 November 2023
Dubai, 1st November – The Global Shari’ah Majlis, a highly anticipated event in the Islamic finance industry, was held on Wednesday 1 November 2023. Hosted as a physical and virtual event by Standard Chartered’s Islamic Banking division, this prestigious gathering brought together global Shari'ah scholars from 8 countries for an engaging dialogue on the topic...
5 October 2023
Kuala Lumpur, 5th October 2023: The Islamic Sustainable Finance & Investment Forum (ISFI Forum), organized by IFN (Islamic Finance News), took place at the Securities Commission Malaysia on 3rd October 2023 and was supported by Capital Markets Malaysia, with the IsDB as the multilateral strategic partner. In response to the growing prominence of ESG considerations...
4 October 2023
Kuala Lumpur, 5th October 2023: The highly anticipated IFN Asia Forum, organized by IFN (Islamic Finance news), commenced its 18th edition, reaffirming its position as the premier business event for Islamic finance professionals worldwide with CIMB Islamic as the lead partner and the IsDB as the multilateral strategic partner. The event commenced with a keynote...
14 September 2023
Muscat, 12th September 2023: IFN Oman Forum, a prominent event in the Islamic finance industry, was held in Muscat on the 12th of September 2023. Under the patronage of Abdullah Salim Al-Salmi, the executive president of the Capital Market Authority, Sultanate of Oman, and the IsDB as multilateral strategic partners, the event attracted esteemed speakers,...
6 September 2023
London, 6th September 2023: IFN UK Forum, Europe's premier Islamic finance conference, returned to London on the 4th September 2023. Under the patronage of the Lord Mayor of the City of London and with support from His Majesty's Government, TheCityUK, the City of London and the IsDB as multilateral strategic partners, the event served as...
22 May 2023
KUALA LUMPUR, 18th May 2023 – The prestigious IFN Awards Ceremony Kuala Lumpur took place on the 17th May 2023, honoring the outstanding achievements in the field of Islamic finance. Following the IFN Awards Ceremony Dubai held on the 16th March 2023, which celebrated the most impactful Islamic finance transactions in the Middle East, Europe...
4 April 2023
Responding to a market gap for an efficient avenue to connect with the Islamic finance legal community, Islamic Finance news (IFN) is excited to launch IFN Lawyers, a proprietary online directory of Islamic finance lawyers from across the world. Focusing on the whole range of Islamic finance legal services across 29 categories from banking and...
26 July 2022
IFN, the world’s leading Islamic finance news provider, has partnered with prominent Shariah advisory firm Dar Al Sharia to produce a series of market knowledge content, particularly on global Shariah standards, as part of human capacity development efforts. VINEETA TAN writes. The new Islamic finance standards summary series is a continuation of a strong partnership...
2 March 2021
Kuala Lumpur 2nd March 2021 – Islamic Finance news (IFN), the Islamic finance industry's leading news platform, is pleased to announce the prestigious IFN Overall Deal of the Year 2020 accolade has been awarded to the Malaysian government for the Sukuk Prihatin facility worth RM666 million (US$164.64 million). Sukuk Prihatin brought a new approach to...
23 February 2021
Kuala Lumpur 23rd February 2021 – Islamic Finance news (IFN), the Islamic finance industry's leading media provider, has announced Pakistan’s Meezan Bank as the winner of the prestigious IFN Best Overall Islamic Bank 2020. Meezan Bank’s win comes in a year wrought with unprecedented difficulties due to the global COVID-19 pandemic. The Islamic bank rose...
16 October 2020
Kuala Lumpur 14th October 2020 – The annual IFN Service Providers Poll continues to be the benchmark of excellence honoring Islamic finance industry’s best in supporting operations, facilitating transactions, setting standards and rating transactions. The winners of the IFN Service Providers Poll 2020 displayed resilience during a challenging year, whilst remaining committed to service the...
1 October 2020
Kuala Lumpur 30th September 2020 – Eleven legal firms have been honored with the Islamic finance industry’s most prestigious accolades, the IFN Law Awards 2020, for their outstanding achievements in Shariah finance. The IFN Law Awards, by renowned Islamic finance media company Islamic Finance news (IFN), are the industry’s standard of Islamic finance legal excellence...
18 August 2020
London and Kuala Lumpur, 18 August 2020 - Moody’s Investors Service and Islamic Finance news (IFN) are proud to announce an exclusive collaboration to provide insights and analysis for Islamic finance worldwide. “This collaboration brings together Moody’s global Islamic finance expertise with IFN’s comprehensive and trusted coverage of Shariah compliant finance to serve a global...
5 August 2020
LONDON and KUALA LUMPUR, 5 August 2020 – Global Islamic finance expert REDmoney Group has entered into a strategic partnership with Islamic Finance Navigator and its platform Carrera Learning, a renowned learning provider in Islamic finance based in the UK. Commencing today, the partnership will see REDmoney Group and its flagship brand – Islamic Finance...
28 July 2020
Islamic fintech stakeholders have determined nine strategic priority areas that will further reinforce and enhance financial inclusion in Malaysia. All nine strategic priority areas were drafted based on the input given by the decision-makers and leaders from the Islamic finance industry, including the government, regulators and fintech community, during the ‘Islamic Fintech Dialogue 2020: Driving...
22 July 2020
Kuala Lumpur 22 July 2020 – Renowned Islamic finance media and service provider, REDmoney Group introduces its IFN Advisory Board. REDmoney Group, through its reputable brands of Islamic Financial news (IFN) and REDmoney events, is looking to further enrich its brand value through obtaining insights and advice from a council of subject matter experts. The...