BAHRAIN: SICO records 15% growth in consolidated net profit in January–June 2019 period
BAHRAIN: GFH Financial Group sees net profit decline by over a third in the first six months of 2019
BAHRAIN: Bahrain Islamic Bank sees half-yearly net profit shrink as expenses jump
INDONESIA: Fitch assigns ‘A(idn)’ rating to BRI Syariah’s Sukuk Mudarabah
INDONESIA: OCBC eyes Standard Chartered’s Bank Permata; in early discussions to explore acquisition
MALAYSIA: Malaysia aims to become global Halal economy enabler for Tokyo Olympics 2020; to launch digital trade Halal value chain
GLOBAL: Malaysia and Iranian province Alborz to boost economic and trade relations
GLOBAL: Iran keen to expand banking ties with Kazakhstan
GLOBAL: Islamic banking to expand in CIS over the next five years, but regulatory inefficiencies remain biggest challenge
MALAYSIA: UOB Asset Management to establish high-quality Sukuk fund
BRUNEI: Autoriti Monetari Brunei Darussalam places 172nd Sukuk Ijarah
GLOBAL: Malaysia to focus on Islamic finance and Halal industries to boost trade ties with 16 Arab countries
INDONESIA: Indonesia’s National Shariah Finance Committee collaborates with Employment Social Security Agency to provide Shariah products
BAHRAIN: Central Bank of Bahrain moves toward insurtech by publishing rules on insurance aggregators
MALAYSIA: Bursa Malaysia amends rules and directives of Bursa Malaysia Derivatives and Bursa Malaysia Derivatives Clearing
GLOBAL: Asian International Arbitration Centre and China International Economic and Trade Arbitration Commission cooperate to promote use of arbitration in Belt and Road Initiative
UAE: First Group places US$135 million Sukuk facility arranged by SHUAA Capital
MALAYSIA: Sunway Treasury Sukuk sells 33-day Islamic commercial papers
MALAYSIA: Matrix Concepts Holdings places 92-day Islamic commercial paper
MALAYSIA: Bank Negara Malaysia places one Money Market Tender Murabahah Overnight Borrowing Acceptance Islamic instrument
SAUDI ARABIA: Al Mashaar REIT Fund records total assets of SAR581.19 million (US$154.81 million) as at end of first half of 2019
UAE: Commercial Bank International records 5% increase in operating profit for first half of 2019
GLOBAL: Pillsbury names Mona Dajani as co-leader of energy and infrastructure projects team
MALAYSIA: Halal Industry Development Corporation names Mahmud Abbas as new chairman
MALAYSIA: Titijaya Land markets 92-day Islamic commercial paper worth RM50 million (US$11.92 million)
MALAYSIA: Puncak Wangi offers one-year Islamic medium-term note with profit rate of 4.3%
INDONESIA: Government of Indonesia plans to reopen auction of six Shariah securities on the 20th August
MALAYSIA: Gamuda raises RM100 million (US$23.83 million) via 92-day Islamic commercial paper
GAMBIA: Central Bank of Gambia receives mixed results for three Sukuk Salam issuances
MALAYSIA: Cagamas places three-year Islamic medium-term note
MALAYSIA: Bank Negara Malaysia sells two Islamic liquidity management tools
INDONESIA: Riau local government to endorse Badan Wakaf Indonesia’s Waqf-linked Sukuk
SAUDI ARABIA: Swicorp Wabel REIT records net assets of SAR1.12 billion for second quarter of 2019
SAUDI ARABIA: Bupa Arabia for Cooperative Insurance Company posts 64.8% increase in net profit before Zakat for the first half of 2019
SRI LANKA: Amana Bank records 29% year-on-year increase in profit after tax for second quarter of 2019
INDONESIA: Otoritas Jasa Keuangan names Indonesian Fintech Association as the Association for Digital Financial Innovation Providers
KYRGYZSTAN: IDB to loan US$20 million to Kyrgyzstan to improve water supply and sanitation in Talas and Batken
MALAYSIA: Press Metal Aluminium Holdings to establish 30-year Sukuk program
MALAYSIA: Cagamas floats Islamic and conventional medium-term notes worth RM825 million (US$197.58 million)
MALAYSIA: Bank Negara Malaysia places two short-term Shariah compliant papers
GLOBAL: SEDCO Capital exits seven global real estate investments in the US and the UK
KUWAIT: Kuwait International Bank onboards as exclusive partner for IFN Kuwait Forum 2019
BAHRAIN: AM Best affirms ratings on Bahrain Kuwait Insurance Company
GLOBAL: Universitas Airlangga sends students to study Islamic finance in Morocco
MALAYSIA: Securities Commission Malaysia undertakes organizational restructure and revamps senior management
QATAR: Qatar Central Bank to harmonize Shariah regulatory framework to allow centralization of operations
GLOBAL: IFSB unveils first dissemination of detailed financial statements of seven member countries
GLOBAL: AAOIFI publishes financial accounting standard on risk reserves
INDONESIA: Indonesia opens auction of two-year savings Sukuk
PAKISTAN: Dawood Hercules to make first principal and sixth profit payments for Sukuk issuance