TURKIYE: Vakif Katilim auctions lease certificate
TURKIYE: Real estate developer Emlak Konut prints Islamic lease certificate
TURKIYE: Turkiye Emlak Katilim Bankasi sells short-term Islamic paper
SAUDI ARABIA: Sahara and Maaden Petrochemical Company refinances existing syndicated bank facility
GLOBAL: Namara aims to expand to Saudi Arabia and Egypt soon, The National reports
QATAR: Qatar Central Bank auctions treasury bills and Sukuk
PAKISTAN: Securities and Exchange Commission of Pakistan releases guide for Modaraba agreements
TURKIYE: Islamic Corporation for the Development of the Private Sector signs letter of intent with Golden Global Bank to extend line of financing
MALAYSIA: Bursa Carbon Exchange to begin offering Malaysian carbon credits soon
NIGERIA: Securities and Exchange Commission of Nigeria issues new rules on Sukuk issuance for private companies
MALAYSIA: Bank Negara Malaysia issues Islamic facilities
UAE: Emirates NBD Asset Management establishes first public fund in Dubai International Financial Centre
OMAN: Bank Nizwa signs agreement with Al-Dhaw Sustainability Energy
MALAYSIA: LBS Bina Holdings prints Islamic facilities
UAE: Dar Al Sharia certifies Chimera S&P UAE Shariah ETF’s transactions as Shariah compliant
BAHRAIN: GFH Financial Group announces ownership changes in two companies
EGYPT: Egyptian Exchange to launch Shariah compliant index soon, Amwal Al Ghad reports
MALDIVES: ITFC signs MoU with Regional Voluntary Carbon Market Company for blue carbon project
GLOBAL: Al Baraka Bank Egypt and Al Baraka Bank Pakistan unveil inter-franchise collaboration portal
MALAYSIA: alrajhi bank Malaysia appoints new CEO
PAKISTAN: Pakistani government to issue green Sukuk
SAUDI ARABIA: Saudi Electricity Company obtains Murabahah loan
UK: Alphalytix Consulting issues Islamic Analytix Scorecard
BANGLADESH: Bangladesh Bank auctions Bangladesh Government Islami Investment Bonds
SAUDI ARABIA: alrajhi bank completes offering of additional Tier 1 sustainable Sukuk
SAUDI ARABIA: Mekyal receives Shariah certification for Sukuk issuance platform
MALAYSIA: UDA Holdings prints Islamic facilities
MALAYSIA: Maybank Islamic launches Islamic commercial papers
MALAYSIA: Gabungan AQRS sells Sukuk
INDONESIA: Berkah Insan Nusantara registers Sukuk
PAKISTAN: Pakistan Stock Exchange auctions government of Pakistan’s Sukuk Ijarah
KUWAIT: KFH Capital receives private marketing license to market shares of fund
UK: Sama Investment Group secures Shariah compliant refurbishment financing
MALAYSIA: Bank Negara Malaysia issues Islamic facility
SAUDI ARABIA: alrajhi bank commences offering of additional Tier 1 capital sustainable Sukuk
BAHRAIN: Investcorp closes Investcorp Technology Partners V Fund at US$570 million in total commitments
UZBEKISTAN: Islamic Corporation for the Development of the Private Sector to provide financing for Ziraat Bank Uzbekistan
MALDIVES: Dr Aishath Muneeza joins Maldives Islamic Bank’s Shariah committee
SAUDI ARABIA: Buruj Cooperative Insurance extends tenure of Bader Saad Algonaim as CEO
MALAYSIA: Toyota Capital Malaysia sells Sukuk worth RM100 million (US$21.07 million)
GLOBAL: International Islamic Liquidity Management Corporation reissues short-term Sukuk
SAUDI ARABIA: Aqaseem to establish Sukuk program in Saudi riyal
GLOBAL: ESG Sukuk to cross US$50 billion outstanding globally within next two years, says Fitch Ratings
GAMBIA: Central Bank of The Gambia floats tenders for Sukuk Salam facilities
KUWAIT: Central Bank of Kuwait issues bonds and related Tawarruq facilities
MALAYSIA: Bank Negara Malaysia issues Islamic facility
GLOBAL: Investcorp partially exits from stake in NephroPlus
MALAYSIA: Financial Planning Association of Malaysia hosts Annual Financial Planning Symposium 2024
PAKISTAN: Securities and Exchange Commission of Pakistan proposes amendments to Fourth Schedule of the Companies Act, 2017
GLOBAL: IFSB issues exposure draft of technical note on macroprudential tools for institutions offering Islamic financial services
6 May 2024
KUALA LUMPUR, 1st May 2024 – The 18th IFN Awards Ceremony Kuala Lumpur took place on the 30th April 2024, honoring the outstanding achievements in the field of Islamic finance. Following the IFN Awards Ceremony Dubai held on the 25th April 2024, which celebrated the most impactful Islamic finance transactions in the Middle East, Europe...
30 April 2024
Dubai, 25th April 2024: As the Islamic finance landscape continued to evolve, IFN Investor Middle East Forum took center stage in Dubai, a global hub for Islamic funds. This strategic event, slated for the 25th April 2024 at the Address Sky View Hotel from 9.00 am to 4.00 pm, convened leading global experts and industry...
25 April 2024
Jeddah, April 19, 2024 - The Islamic Development Bank Group (IsDB) announces the winners of the Private Sector Forum (PSF) 2024 Awards, celebrating outstanding contributions to Islamic finance and development initiatives across 57 member countries. The IsDB Group, comprising the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for...
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...