OMAN: Oman Telecommunications Company to issue benchmark US dollar-denominated Sukuk
UAE: Damac Real Estate Development to issue 3.5-year US dollar-denominated Sukuk, Reuters reports
SAUDI ARABIA: Saudi Top Trading Company secures Shariah compliant financing from Banque Saudi Fransi and Riyad Bank
SAUDI ARABIA: Al Moammar Information Systems Company renews Shariah compliant bank facility agreement with Gulf International Bank–Saudi Arabia
INDONESIA: OKI Pulp & Paper Mills publicly offers shelf-registered Sukuk Mudarabah worth IDR500 billion (US$32.04 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM25.6 billion (US$5.42 billion) in total
MALAYSIA: Arsalaan Ahmed resigns as CEO of Al Rajhi Banking & Investment Corporation Malaysia
INDONESIA: Indonesian government to raise IDR9 trillion (US$576.65 million) through auction of sovereign Shariah securities series
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities worth KWD240 million (US$774.17 million)
GAMBIA: Central Bank of The Gambia completes Sukuk Salam auction
BAHRAIN: Central Bank of Bahrain’s Sukuk Ijarah oversubscribed
BRUNEI: Brunei Darussalam Central Bank prices 140th and 141st issuances of Islamic treasury bills
SAUDI ARABIA: SHL Finance Company renews Shariah compliant credit facilities agreement with Arab National Bank
SAUDI ARABIA: Red Sea International Company secures financing facilities from Al Rajhi Bank
MALAYSIA: Securities Commission Malaysia partners with SME Corporation Malaysia to facilitate greater access to capital market financing for MSMEs
UAE: Dr Tariq Hendi resigns from his post as chairman of ENBD REIT
INDONESIA: Indonesian regulators hold Shariah Financing Month 2023
MALAYSIA: Bank Negara Malaysia issues exposure draft on Islamic collateralized funding
TURKIYE: Superonline iletisim Hizmetleri issues Sukuk worth TRY100 million (US$3.64 million)
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM27.5 billion (US$5.84 billion) in total
SAUDI ARABIA: Capital Market Authority grants Valuable Capital Financial Company with license
SAUDI ARABIA: Capital Market Authority approves public offerings of funds by Derayah Financial Company and anb capital
GLOBAL: AAOIFI holds public hearing on exposure draft of financial accounting standard ‘Transfer of Assets between Investment Pools’
SAUDI ARABIA: Perfect Presentation for Commercial Services renews Shariah compliant bank facility with Al Rajhi Bank
SAUDI ARABIA: Saudi Awwal Bank to issue additional Tier 1 Sukuk via private placement
MALAYSIA: Imtiaz Sukuk II issues Islamic medium-term notes worth RM1 billion (US$212.77 million) in total
MALAYSIA: Gamuda Land (T12) issues Islamic commercial paper worth RM100 million (US$21.28 million)
TURKIYE: Carrefoursa Carrefour Sabanci Ticaret Merkezi issues Sukuk worth TRY250 million (US$9.11 million)
GLOBAL: Blockchain start-up accelerator Genius X onboards Shariah compliant decentralized exchange Liberty Finance
GLOBAL: Shariah compliant investment start-up Islamicly partners with Waslaah Holding Kuwait
GLOBAL: AAOIFI issues Arabic version of Financial Accounting Standard 36 ‘First Time Adoption of AAOIFI Financial Accounting Standards’
US: Metropolitan Business Development Corporation board of Louisville approves Shariah compliant loan for Derby City Discount Fashions
PAKISTAN: Faysal Bank to establish exchange company with initial paid-up capital of PKR1 billion (US$3.47 million)
PHILIPPINES: Philippine government to raise US$1 billion through maiden Sukuk sale by end of November, local media reports
MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM19.9 billion (US$4.23 billion)
GLOBAL: Craig R Nethercott and Chirag J Sanghrajka join Clifford Chance’s energy and infrastructure practice
MALAYSIA: UEM Sunrise issues Islamic papers worth RM350 million (US$74.3 million) in total
MALAYSIA: Seaport Terminal (Johore) issues Sukuk worth RM3.43 billion (US$728.78 million) in total
NIGERIA: Trust Arthur partners with Real Estate Developers Association of Nigeria on Sukuk worth NGN50 billion (US$64.02 million)
UAE: UAE plans Sukuk issuance worth AED550 million (US$149.72 million), reports say
MALAYSIA: reNIKOLA issues Islamic papers worth between RM10 million (US$2.12 million) and RM25 million (US$5.31 million)
MALAYSIA: Duopharma Biotech issues Islamic medium-term notes worth RM364 million (US$77.27 million) in total
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM23.65 billion (US$5.02 billion) in total
SAUDI ARABIA: Advanced Petrochemical Company obtains facility worth SAR1.6 billion (US$426.21 million) from Saudi National Bank
GLOBAL: Infrastructure investment platform Africa50 in talks with IsDB for green infrastructure partnership
MALAYSIA: Bursa Carbon Exchange commences trading and facilitation of off-market carbon credits transactions
UAE: Fraih Al Qubaisi resigns as member of Islamic Arab Insurance Company’s board of directors
QATAR: Qatar Central Bank’s treasury bills and Sukuk auction attracts QAR11.8 billion (US$3.21 billion) in bids
TURKIYE: Ziraat Katilim Bankasi issues Islamic lease certificate worth TRY500 million (US$18.3 million)
MALAYSIA: Sunway Treasury Sukuk auctions Islamic commercial papers worth RM80 million (US$16.99 million) in total
From the world’s leading Islamic finance news provider, this is the IFN Financial Innovation Report 2020 – a bespoke report exploring the latest trends, opportunities and analyses of Islamic fintech and digital innovation in Shariah finance across a multitude of verticals and key Islamic financial markets.
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