MALAYSIA: RAM reaffirms Jimah Energy Ventures’s RM4.85 billion (US$1.19 billion) senior Islamic medium-term note facility at ‘AA3/Stable’
MALAYSIA: Prudential BSN Takaful rolls out mobile app
PAKISTAN: BankIslami Pakistan’s Sukuk trading suspended to facilitate profit payment to Sukukholders
UAE: ENBD REIT sees net asset value contract by US$32 million at the end of September 2020 driven primarily by valuation pressure
BAHRAIN: Al Baraka Banking Group to convert wholesale Islamic banking license into Category 1 Islamic Investment Firm license; expects to finalize within six to 12 months
MALAYSIA: Securities Commission Malaysia updates list of Islamic securities; includes 39 and excludes 16, bringing total number to 715 or 79% of total listed companies
MALAYSIA: Urusharta Jamaah to pay Lembaga Tabung Haji RM500 million (US$122.69 million) to redeem Sukuk among others
PAKISTAN: Pakistani government to hire four financial institutions for Sukuk issuance
INDONESIA: Indonesia lists three sovereign Shariah securities totaling IDR10 trillion (US$706.57 million) on Indonesia Stock Exchange
MALAYSIA: Sime Darby Property revises Sukuk Musharakah program terms for potential issuance of ASEAN Sustainable and Responsible Investment Sukuk
SAUDI ARABIA: National Commercial Bank introduces Islamic gold account for retail customers
PALESTINE: International Finance Corporation to aid Palestinian Capital Market Authority in formulating Islamic finance roadmap
INDONESIA: Bank Syariah Mandiri rolls out digital gold trading feature
INDONESIA: Bank BRI Syariah partners with start-up Flip.id to enable interbank transfers
SAUDI ARABIA: Saudi Ministry of Finance closes November Sukuk offering worth SAR795 million (US$211.88 million)
SAUDI ARABIA: Sadara Chemical Company seeks approval to amend terms of SAR7.5 billion (US$2 billion) Sukuk as part of debt reprofiling
EGYPT: Sarwa Capital raises EGP2.5 billion (US$159.38 million) from seven-year Sukuk
GLOBAL: IFSB and Bahrain Institute of Banking and Finance renew MoU to jointly develop Islamic finance
MALAYSIA: Projek Lintasan Sungai Besi–Ulu Klang floats seven-year RM470 million (US$115.33 million) Islamic medium-term note
MALAYSIA: Bank Negara Malaysia sells two Islamic papers totaling RM15.73 billion (US$3.86 billion)
MALAYSIA: BGRB Venture issues one-year unrated Islamic medium-term note
MALAYSIA: FWD Takaful partners with UnBound Malaysia to develop augmented reality game to improve awareness of Takaful protection for students
MALAYSIA: Toyota Capital Malaysia maintains ‘AAA(s)/Stable/P1(s)’ ratings on conventional–Islamic bond program
MALAYSIA: MARC affirms Sunway Treasury Sukuk’s programs at ‘MARC-1IS(cg)/AA-IS(cg)’
UAE: Emirates REIT records net property income decrease of 6.4% year-on-year for third quarter of 2020
MALAYSIA: Zamarad Asset secures final ratings for fifth Sukuk offering under RM2 billion (US$489.01 million) program
SAUDI ARABIA: Moody’s upgrades Saudi Electricity Company’s rating to ‘A1’
MALAYSIA: ‘AA+IS’ for Sime Darby Property’s RM4.5 billion (US$1.1 billion) Sukuk Musharakah program
QATAR: Moody’s affirms Qatar Islamic Bank’s long-term deposit rating at ‘A1’ with a stable outlook
IRAN: Iranian Securities and Exchange Organization issues directive allowing listed companies to raise capital from equity premium
UAE: Central Bank of the UAE inaugurates CBUAE FinTech Office to drive fintech development
MALAYSIA: Bank Islam unveils Sadaqah-based microfinance facility for microentrepreneurs; expects to benefit over 200 individuals from initial allocation
SAUDI ARABIA: Allianz Saudi Fransi Cooperative Insurance Co to seek approval for board member replacement at general assembly meeting
SAUDI ARABIA: Abdullah Sulaiman Al Rajhi and Ibrahim Mohammed Al Romaih join Al Rajhi Bank’s board of directors as chairman and vice-chairman respectively
MALAYSIA: Sunway Treasury Sukuk floats RM175 million (US$42.79 million) Islamic commercial paper
EGYPT: Misr Capital to issue Sukuk and securitized debt instruments worth a total of over EGP7 billion (US$446.11 million)
UAE: Dubai Financial Services Authority admits Dubai Aerospace Enterprise’s US$750 million trust certificates to official list of securities
MALAYSIA: Bank Negara Malaysia prints Islamic liquidity management tools
KUWAIT: Capital Markets Authority renews KFH Capital Gulf Equity Fund’s license for three years
KUWAIT: Kuwait International Bank receives ‘A-’ rating for US$300 million Tier 2 Sukuk
JORDAN: Islamic Corporation for the Development of the Private Sector-funded Shobak Wind Farm begins commercial operation
BANGLADESH: Bangladesh Bank appoints new deputy governors
MALAYSIA: MARC assigns final rating of ‘A+IS’ with a stable outlook to Sunsuria’s RM500 million (US$122.2 million) Sukuk Wakalah program
SAUDI ARABIA: Saudi Central Bank licenses three payment companies, bringing number of licensed fintech entities to 11
BAHRAIN: Ithmaar Bank commissions cybersecurity firm CTM360 to provide cyber threat management
BANGLADESH: Reliance Finance rebrands into Aviva Finance
IRAN: Iranian Ministry of Economic Affairs and Finance concludes 26th bond auction
INDONESIA: Indonesia concludes Sukuk auction; cash Waqf-linked Sukuk series SWR001 records IDR14.91 billion (US$1.05 million) in sales
UK: Jade Merchant Bank acquires GBP29 million (US$38.69 million) asset in Dorset
SAUDI ARABIA: Saudi Reinsurance Co signs SAR177 million (US$47.17 million)-worth of contracts with Probitas Corporate Capital