MALAYSIA: Bursa Malaysia records best full-year financial results in 2020 since 2005 listing
KUWAIT: Kamco Invest records over US$2.6 billion in 2020 from six Sukuk and conventional bond transactions
SAUDI ARABIA: Lendo joins Google for Startups Accelerator program for MENA
GLOBAL: IsDB Group private sector entities to hold webinar on Arab–Africa Trade Bridges program
INDONESIA: Bank Syariah Indonesia on the hunt for strategic investors from the Middle East
KUWAIT: Warba Bank appoints Mohammad Musaed Mandani as director of legal department
UAE: Islamic vehicle insurance sales surge to 65% in 2020 from 25% in 2018 on comparison website Yallacompare
UK: New commodity Murabahah platform enters market as Tullet Prebon launches Fusion Islamic Finance
SAUDI ARABIA: Bader Khalid Al Anzi resigns as CEO of Solidarity Saudi Takaful Company
MALAYSIA: RHB Banking Group welcomes Nik Rizal Kamil Nik Ibrahim Kamil as new CFO
MALAYSIA: RAM Sustainability launches new suite of environmental, social and governance rating services
INDONESIA: Otoritas Jasa Keuangan classifies shares of Indointernet as Shariah compliant
UAE: Khaled Mohammed Balama Al Tameemi joins Central Bank of the UAE as vice-governor
MALAYSIA: Sunway Treasury Sukuk auctions RM50 million (US$12.36 million) Islamic commercial paper
IRAN: Iranian Ministry of Economic Affairs and Finance concludes 36th bond auction
US: Azzad Asset Management collaborates with ARK Investment Management to offer Shariah compliant ethical technology thematic portfolio
INDONESIA: Indonesia to conduct Sukuk auction targeting IDR12 trillion (US$854.85 million)
TURKEY: Turkiye Emlak Katilim Bankasi confirms return payments to holders of TRY200 million (US$27.84 million) lease certificates
KUWAIT: Central Bank of Kuwait prints bonds and related Tawarruq papers totaling KWD240 million (US$790.36 million)
MALAYSIA: Bank Negara Malaysia issues RM24.41 billion (US$6.03 billion)-worth of Shariah papers
QATAR: Fitch Ratings predicts Qatari banking system could potentially see more mergers
OMAN: Takaful Oman’s OMR6 million (US$15.54 million) Sukuk listed on Muscat Securities Market’s Bonds and Sukuk Market
IRAN: Securities and Exchange Organization approves ‘Project Public Joint Stock Companies’ to strengthen primary market and economic soundness of projects
PAKISTAN: Meezan Bank becomes first Islamic bank market maker on Pakistan Stock Exchange
BAHRAIN: Solidarity Bahrain expects to merge with T’azur by end of 2021
SAUDI ARABIA: Samba Financial Group and National Commercial Bank to name new entity as Saudi National Bank
GLOBAL: Kuwait Finance House launches instant cross-border payment service to Turkey via RippleNet’s technology
SAUDI ARABIA: Saudi Indian Company for Cooperative Insurance extends appointment of Ayed Asri Al Enazi as acting CEO for another six months
BAHRAIN: Investcorp appoints Andrea Davis as head of corporate strategy
TURKEY: Ministry of Treasury and Finance of Turkey to issue euro-denominated fixed rent rate lease certificates
UAE: Dubai Financial Services Authority delists Sharjah’s US$500 million trust certificates
BANGLADESH: Bangladesh Bank offers three-month and six-month Bangladesh Government Islami Investment Bonds
GLOBAL: Arcapita Group Holdings acquires student housing property Clemson Lofts at Clemson University
GLOBAL: Participation Banks Association of Turkey and Qatar Financial Centre discuss opportunities in participation finance
INDONESIA: Merger of three state-owned Shariah banks into Bank Syariah Indonesia takes effect today
INDONESIA: Puan Maharani Nakshatra Kusyala Devi joins Syariah Economic Community as deputy chairperson
IRAN: Iran’s Securities and Exchange Organization issues licenses to 24 financial institutions for financial year ending 20th March 2021
ALGERIA: Algerian government issues draft decree setting regulations for Takaful sector
INDONESIA: Cashlez collaborates with online financing platform Duha Syariah to provide Islamic financing to merchants in Java island
BAHRAIN: Bahrain Islamic Bank integrates electronic Know-Your-Customer platform launched by central bank into banking systems
SAUDI ARABIA: Arabian Centres Company signs agreement with Quara Finance to support SME tenants with financing
INDONESIA: Ministry of Public Works and Public Housing targets 222,876 units of low-income community housing financing in 2021
MOROCCO: Supervisory Authority of Insurance and Social Welfare launches e-learning training platform E-Wassit Taamine covering Takaful
IRAN: Mehr Ayandegan Financial Development Group issues first-ever unsecured bonds in Iranian capital market
SAUDI ARABIA: Alinma Tokio Marine Company signs bancassurance agreement with Alinma Bank
INDONESIA: Otoritas Jasa Keuangan admits shares of Widodo Makmur Unggas and Damai Sejahtera Abadi into Shariah securities list
INDONESIA: Bank Net Indonesia Syariah lists shares and warrants on Indonesia Stock Exchange
TUNISIA: Tunisia plans potential domestic Sukuk issuance worth TND300 million (US$110.95 million) before July
TURKEY: Turkiye Emlak Katilim Bankasi sells TRY150 million (US$20.48 million)-worth of 138-day lease certificates
MALAYSIA: Bank Negara Malaysia issues three Islamic liquidity management tools