MALAYSIA: Syarikat Takaful Malaysia Keluarga’s profit for 2019 increases by 25.18% to RM366.3 million (US$86.47 million)
LIBYA: Assaray Trade and Investment Bank selects Temenos Infinity and Temenos Transact
UAE: Aldar Properties partners with Abu Dhabi Islamic Bank for home finance offer
MALAYSIA: Perbadanan Nasional appoints Mohd Hilaluddin Abd Shukor as CEO
TURKEY: Turkey sells lease certificate facility worth US$1.1 billion
MALAYSIA: Sabah Credit Corporation issues one Islamic commercial paper worth RM70 million (US$16.52 million)
MALAYSIA: Malaysia Debt Ventures prepares new Sukuk program
UAE: Dar Al Arkan lists US$400 million Sukuk on NASDAQ Dubai
GLOBAL: DDCAP Group supports IFN events as partner
MALAYSIA: Bank Negara Malaysia auctions two Shariah papers for RM18.65 billion (US$4.4 billion)
BAHRAIN: Kuwait Finance House appoints SICO as receiving agent and cross-listing advisor for Ahli United Bank acquisition
UAE: RAKBANK implements national digital identity and e-signature solution across entire branch network
MALAYSIA: Bursa Malaysia to set up separate subsidiary to undertake regulatory functions; to be implemented by end of 2020
UAE: Jibrel tokenizes shares of six start-ups and SMEs
GAMBIA: Central Bank of Gambia’s Sukuk Salam papers receive mixed demand
BANGLADESH: Bangladesh sells three- and six-month Shariah papers
MALAYSIA: MARC affirms Tenaga Nasional’s issuer and Sukuk ratings
UAE: Wethaq (Capital Markets) joins RFI Foundation as part of responsible fintech journey
INDONESIA: Indonesian regulator inaugurates micro Waqf bank in Lombok
MALAYSIA: Bank Negara Malaysia prints two Islamic papers for RM14.54 billion (US$3.43 billion)
GLOBAL: Indonesia seeking to court higher investments from Saudi Arabia to offset decreasing US and China inward flows
SAUDI ARABIA: Saudi Indian Company for Cooperative Insurance’s vote on financial reorganization fails due to lack of quorum
SAUDI ARABIA: MedGulf inks insurance agreement with Abdul Latif Al-Essa Holding Group
MALAYSIA: Zurich Malaysia inaugurates flagship branch in east Malaysia
QATAR: Qatar First Bank exits aviation deal
GLOBAL: International Islamic Trade Finance Corporation reaffirms support as multilateral strategic partner of IFN events
BRUNEI: Autoriti Monetari Brunei Darussalam calls for applications to enter fintech sandbox
LIBYA: Yaqeen Bank implements five-year strategy; opens new branch with plans for another two before the end of first quarter
INDONESIA: Indonesia auctions Shariah securities for IDR7 trillion (US$502.21 million)
UAE: GFH Financial Group lists Sukuk worth US$300 million on NASDAQ Dubai
PAKISTAN: Security and Exchange Commission of Pakistan launches centralized information repository for Takaful and insurance industry
PAKISTAN: VIS Credit Rating Company withdraws Takaful Pakistan’s ‘BBB+’ insurer financial strength rating
KUWAIT: Capital Markets Authority fines Al Madar Finance and Investment Company for violating principles of disclosing material information
NIGERIA: Kano state inaugurates IsDB-funded agro-pastoral development project
MALAYSIA: Sunway Treasury Sukuk issues two Islamic commercial papers worth RM250 million (US$59.19 million) collectively
SAUDI ARABIA: Riyad Bank lists US$1.5 billion Tier 2 Sukuk on London Stock Exchange
BAHRAIN: Keypoint Trust’s shareholding in GFH Financial Group increases to 5.03% of total paid-up capital