GAMBIA: Central Bank of Gambia concludes Sukuk Salam auction
KUWAIT: Central Bank of Kuwait auctions bonds and related Tawarruq facilities totaling KWD200 million (US$659.17 million)
TURKEY: Ziraat Participation Bank completes return payments to holders of TRY350 million (US$47.41 million) lease certificates
MALAYSIA: Idiwan Solar places unrated Murabahah-based Islamic medium-term note
MALAYSIA: Bank Negara Malaysia issues two Shariah papers
MALAYSIA: BGMC Bras Power prints RM11 million (US$2.72 million) unrated Islamic medium-term note
OMAN: Islamic financial institutions disclose exposure to troubled manufacturing company Abou Nabil
QATAR: Al Jazeera Finance signs cooperation agreement with Al Asmakh Real Estate Development Company to provide residential real estate financing
SINGAPORE: Sabana REIT’s New Tech Park+ in Lorong Chuan could deliver SG$3.5 million (US$2.64 million) in revenue
KAZAKHSTAN: Damu Entrepreneurship Development Fund concludes Islamic financing agreements worth a total of KZT13 billion (US$30.75 billion)
INDONESIA: Sarana Multigriya Finansial to conduct public offering for IDR100.01 billion (US$7.1 million) Sukuk Mudarabah
UK: UK Debt Management Office invites tenders from syndicate banks for second sovereign Sukuk
NIGERIA: Nigeria’s nascent Islamic finance industry could grow as government seeks large financing alternatives
SAUDI ARABIA: Saudi Central Bank welcomes Dr Fahad Al-Mubarak as new governor
GLOBAL: International Islamic Trade Finance Corporation invites member nations to participate in second phase of trade initiative for Arab states
MALAYSIA: FWD Takaful rolls out new Family Takaful plan
KUWAIT: Central Bank of Kuwait launches Diraya financial awareness campaign to enhance public financial awareness
SAUDI ARABIA: Capital Market Authority permits Razeen Financial Company to conduct advisory services
PALESTINE: Palestinian National Economic Empowerment Institution to provide Islamic financing in support of empowerment projects
INDONESIA: Indonesia’s merger of three state-owned Islamic banks to be completed by February
BANGLADESH: Faruq Ahmad Siddiqi joins Mutual Trust Bank as independent director
OMAN: Bank Nizwa appoints Sheikh Dr Mohammad Rashid Al Gharbi as chairman of Shariah supervisory board
INDONESIA: Indonesia to offer retail cash-Waqf linked Sukuk series SWR002 in April
MALAYSIA: Bank Negara Malaysia sells two Islamic papers totaling RM21.89 billion (US$5.41 billion)
UAE: National Takaful Company secures ISO 10004:2018 certification for monitoring and measuring customer satisfaction
SAUDI ARABIA: Significant boost in IsDB’s paid-in capital will reverse recent climb in leverage, says Moody’s
UAE: Central Bank of UAE conducts cyberattack simulation on banking sector to boost resilience
KUWAIT: Central Bank of Kuwait allows banks to distribute cash dividends
GLOBAL: Islamic research centers in Saudi Arabia and Uzbekistan to collaborate on education and research
GLOBAL: Muscat Clearing and Depository welcomes First Abu Dhabi Bank as direct custodian member in Oman
GLOBAL: Codebase Technologies collaborates with BankBI to further augment digital banking solutions
TURKEY: Turkey’s central bank maintains policy rate at 17%
MALAYSIA: CapBay raises US$20 million in Series A funding round
PAKISTAN: Pakistani government signs agreements with independent power producers to pay PKR450 billion (US$2.8 billion) using cash and Sukuk for power projects
SRI LANKA: Seylan Bank appoints Ramesh Jayasekara as new COO
BAHRAIN: Al Salam Bank Bahrain appoints Don Hemantha Pradeep Kumara Wijesinghe as new chief technology officer
INDONESIA: Minister of State-Owned Enterprises Erick Thohir joins Syariah Economic Community as general chairperson
TURKEY: Vakif Katilim Bankasi makes return payments to holders of 91-day lease certificates
PAKISTAN: Pakistan to place 750 acres of Fatima Jinnah Park in Islamabad as guarantee for Sukuk; targets up to US$1 billion in upcoming issuance
MALAYSIA: Danga Capital places two Musharakah-based Islamic medium-term notes
MALAYSIA: Bank Negara Malaysia issues two Islamic liquidity management tools
TURKEY: Albaraka Turk Katilim Bankasi prints TRY140 million (US$18.84 million) lease certificates
EGYPT: Dr Islam Abdel Azim Azzam joins Financial Regulatory Authority of Egypt as board vice-chairman
SAUDI ARABIA: Dr Abdulrahman Ibrahim Al Humid, Bank Albilad’s board chairman, passes away
SINGAPORE: Sabana REIT records gross revenue decline by 5.5% to SG$37.4 million (US$28.29 million) for second half of 2020
MALAYSIA: Securities Commission Malaysia expands Green SRI Sukuk Grant Scheme to encourage sustainable investments
INDONESIA: Insurance provider Generali launches Akuberbagi.com platform for Waqf
BAHRAIN: Nael AlKujok joins GFH Financial Group as co-chief investment officer
SAUDI ARABIA: Bank Aljazira receives regulatory approval to appoint Naif Abdulkarim Al Abdulkareem as board member
SAUDI ARABIA: Bahri subsidiary National Chemical Carriers obtains SAR1.23 billion (US$327.73 million) Murabahah financing to finance chemical tankers