SAUDI ARABIA: Dar Al Arkan Real Estate Development Company plans to redeem Sukuk maturing in May
MALAYSIA: Bank Negara Malaysia places Islamic liquidity management facilities
IRAN: National Development Fund of Iran announces lending results for the first nine months of 2018 ending the 21st December
KUWAIT: Kuwait Finance House’s net profit up by 17.3% for first quarter of 2019
SAUDI ARABIA: Alkhabeer Capital records increase of 16.7% in assets under management for 2018
SAUDI ARABIA: IDB places first Sukuk of the year; records 15% increase in number of investors
PAKISTAN: Dawood Hercules Corporation announces book closure to facilitate principal and profit payments for Sukuk
GLOBAL: IFN welcomes Raghu Mandagolathur as new correspondent for liquidity management sector
UAE: Emirates Islamic unveils new branch office in Deira
UAE: Dubai Investments finalizing launch of Dubai International Financial Centre-based Islamic bank
AZERBAIJAN: Islamic Financial Advisory Services to conclude studies on introducing Islamic finance in Azerbaijan by end of the year
PAKISTAN: Islamic banks submit term sheets on second Sukuk for energy sector to authorities
PAKISTAN: Asad Umar resigns as finance minister of Pakistan; new finance chief named in cabinet reshuffle
UAE: Abu Dhabi Global Market Courts introduce court-annexed mediation service
GLOBAL: Malaysia’s sovereign wealth fund shuts London office
MALAYSIA: Government looks at debt-to-equity exchange for 1MDB Sukuk held by Kumpulan Wang Persaraan and Lembaga Tabung Haji
SAUDI ARABIA: Gulf International Bank converts Saudi presence into fully-fledged local bank
PAKISTAN: Zarai Taraqiati Bank begins processing Hajj applications; reaches agricultural lending target
SAUDI ARABIA: GIB Saudi Arabia forms board of directors
UAE: Al Hilal Bank’s new CEO to drive digital transformation with refreshed strategy
UK: UK Islamic Finance Week welcomes Gatehouse Bank as partner
MALAYSIA: Sunway Treasury Sukuk issues two more Islamic commercial papers
SAUDI ARABIA: Debt Management Office of Saudi floats local Sukuk on the 21st April
MALAYSIA: Bank Negara Malaysia receives full subscription for three Islamic money market instruments
MALAYSIA: Aeon Credit Service (M) floats RM150 million (US$36.27 million) Islamic commercial paper
UAE: Emirates REIT realizes 15.3% increase in total property income for 2018
BAHRAIN: Ahli United Bank realizes 10.4% increase in first quarter net profit
UAE: CDIT Roundtable to be held alongside RFI Summit in Abu Dhabi
MALAYSIA: AmBank and Credit Guarantee Corporation jointly launch Shariah compliant financing scheme for start-ups
BURKINA FASO: IDB supports CBI Baraka with EUR15 million (US$16.89 million) convention
BAHRAIN: Al Salam Bank Bahrain launches digital payroll solution in collaboration with Arab Financial Services; to introduce new fintech solutions over the next few months
GLOBAL: Investcorp acquires real estate asset in Germany; concludes tour in four emerging Asian economies
OMAN: Al Omaniya Financial Services decides to increase capital
MALAYSIA: Sunway Treasury Sukuk raises RM300 million (US$72.23 million) through two Islamic papers
UK: S&P Global Ratings affirms Shariah finance commitment; confirmed as partner for UK Islamic Finance Week
BRUNEI: Government of Brunei offers 168th short-term Sukuk Ijarah worth BN$100 million (US$73.8 million)
MALAYSIA: Bank Negara Malaysia issues RM15.76 billion (US$3.79 billion)-worth of five fully subscribed Shariah securities
MALAYSIA: Bina Darulaman sells Islamic commercial paper worth RM30 million (US$7.22 million)
MALAYSIA: Aeon Credit Service prints RM150 million (US$36.11 million) Islamic commercial paper
IRAN: Iranian Majlis asks for removal of compound interest rates
QATAR: Qatar Islamic Bank registers 9.6% growth in first quarter net profit
IRAN: Money and Credit Council allows Central Bank of Iran to conduct open market operation
IRAQ: Ameen Al-Iraq Islamic Bank for Investment and Finance picks Path Solutions’s iMAL Islamic core banking platform
UK: Al Rayan Bank CEO Sultan Choudhury steps down; COO Ahmed Abdisheikh steps up in the interim
GLOBAL: IDB to raise US$1.5 billion through dollar Sukuk
BAHRAIN: AlBaraka begins distributing US$37 million in cash dividends to shareholders
SRI LANKA: Amana Bank expands cooperation with IDB’s private arm to include cross-selling and syndication origination, among others
MALAYSIA: Bank Negara Malaysia prints three Shariah securities amounting to RM12.33 billion (US$2.98 billion)
UAE: Abu Dhabi Islamic Bank inks agreement with WCP Investments to market Islamic Leasing and Finance Opportunities Fund I (USD)
NIGERIA: Lotus Capital supports IFN Nigeria Forum as partner