UAE: Abu Dhabi Securities Exchange reveals new integrated digital platform
TUNISIA: Tunisian Association of Zakat Sciences suggests creation of national Zakat fund
QATAR: Qatar Islamic Bank records 1.4% growth in total assets for the period ended the 30th September 2018
SAUDI ARABIA: Kuwait Finance House plans to finance more than KWD1 billion (US$3.29 billion)-worth of oil megaprojects in 2019
IRAN: Pars National Agriculture and Farming Company floats 10% of its shares on Tehran Stock Exchange
IRAN: Iran’s Pars Kian Credit Rating Company begins operations
GLOBAL: International Islamic Trade Finance Corporation to develop new solutions and e-learning programs in partnership with IDB research arm
MALAYSIA: Malaysian government reaffirms commitment to pay off 1MDB debts
GLOBAL: REDmoney Group joins 24 others as signatory to RFI Foundation’s CDIT Initiative to facilitate responsible finance using blockchain technology
GLOBAL: Iran and Iraq begin work on establishing joint bank to ease trade
PAKISTAN: Pakistan’s federal government appoints Sheikh Aman Ullah as acting president of Zarai Taraqiati Bank
NIGERIA: Nigeria looks to issue second Sukuk in December
OMAN: Central Bank of Oman approves appointment of Muhammad Kashif Yaqoob as acting CEO of Taageer Finance
IRAN: National Iranian Oil Company plans Sukuk Manfa’ah to fund development projects
MALAYSIA: Bank Negara Malaysia issues Islamic facilities worth RM2.1 billion (US$504.6 million)
MALAYSIA: Bina Darulaman floats one-month Islamic commercial paper
MALAYSIA: AEON Co issues RM150 million (US$36.04 million) 31-day Islamic commercial paper
BANGLADESH: Shanta Asset Management to launch Islamic fund in November following regulatory approval
GLOBAL: Sanlam to begin merging with Saham Finances following US$1.1 billion shares acquisition
JORDAN: Tax bill to have little impact on insurance sector, says Jordan Insurance Federation
MALAYSIA: MARC affirms long-term and short-term financial institution ratings on KAF Investment Bank
OMAN: Muzn Islamic Banking launches Ijarah-based education financing scheme
IRAN: Office of Foreign Assets Control of the US hits Iran’s Bank Mellat, Parsian Bank and Sina Bank with sanctions
IRAN: Supreme Economic Coordination Council approves Central Bank of Iran’s program to modify national banking system
BAHRAIN: BBK gets authorization for extension to trade up to 10% of its issued shares for a further 90 days
OMAN: Alizz Islamic Bank partners with Al Raffd Fund to provide financing facilities to entrepreneurs
UAE: Abu Dhabi Global Market launches arbitration hearing facility
IRAN: Bank Saderat Iran issues certificates of deposit with 18% annual interest rate
INDONESIA: IDB approves US$1 million emergency relief grant to disaster-hit Indonesia
IRAN: Underwriting starts for Investment and Management Services Company of Civil Pension Fund’s venture capital fund
EGYPT: Egypt mulls international sovereign Sukuk in 2019-20 financial year
GAMBIA: Central Bank of Gambia sells three-month, six-month and one-year Sukuk Salam instruments
MALAYSIA: Bank Negara Malaysia’s two Money Market Tender Qard tools fully subscribed
MALAYSIA: Sunway Treasury Sukuk auctions 360th and 361st Islamic commercial papers
INDONESIA: XL Axiata lists Sukuk Ijarah on Indonesia Stock Exchange
MALAYSIA: Affin Islamic Bank issues perpetual Sukuk Wakalah worth RM300 million (US$72.21 million)
IRAQ: Central Bank of Iraq’s IQD100 billion (US$82.98 million) Murabahah certificates undersubscribed
UAE: National Central Cooling Company plans to issue benchmark-sized international Sukuk
IRAN: Tose’e Etemad Mobin raises IRR5 trillion (US$118.68 million) through four-year Sukuk Ijarah facility
MALAYSIA: AmBank Islamic issues 10-year RM500 million (US$120.34 million) Islamic medium-term note
SAUDI ARABIA: Arab Shield Cooperative Insurance Company to provide health coverage to Nesma & Co’s employees
MALAYSIA: AEON Credit Service to amend terms and conditions of its perpetual Sukuk program to widen investor base
SAUDI ARABIA: Alkhabeer Capital obtains greenlight to offer Islamic Alkhabeer REIT
UAE: DP World amends and extends revolving credit facilities, dubbed the Middle East’s first Islamic green financing
GLOBAL: IDB and Bank Indonesia partner to launch Waqf Core Principles
MALAYSIA: Affin Bank to distribute six Islamic unit trust funds of PMB Investment
MALAYSIA: Sapura Energy gets Bank Negara Malaysia’s nod for the issuance of Islamic redeemable convertible preference shares
MALAYSIA: Bank Negara Malaysia issues two Money Market Tender Qard tools
BRUNEI: Autoriti Monetari Brunei Darussalam floats 91-day Sukuk Ijarah
BAHRAIN: Central Bank of Bahrain receives full subscription for monthly Sukuk Salam issuance