MALAYSIA: RAM reaffirms TRIplc Medical’s senior Sukuk Murabahah
MALAYSIA: Lembaga Tabung Haji to pay dividends to depositors for 2018
SENEGAL: IDB supports Senegal with financing worth XOF61 billion (US$106.37 million)
IRAN: Iran’s government allowed to raise US$5 billion from Russia
SAUDI ARABIA: Wataniya Insurance Company adopts eBaoTech’s platform as policy administration system
SAUDI ARABIA: First Abu Dhabi Investment Saudi Company changes name to FAB Capital
SAUDI ARABIA: Buruj Cooperative Insurance Company approves capital increase
GLOBAL: Ibdar Bank’s interest in voting securities in BLME Holdings increases to 5.11% following share repurchase program
MALAYSIA: Private Retirement Scheme records 38% growth in total members; targets to tap fintech, among others, in 2019
MALAYSIA: Khazanah Nasional’s Islamic funding conduit to issue Sukuk Wakalah under new Sukuk program
UAE: NASDAQ Dubai rolls out futures trading on MSCI’s index of UAE equities
UK: Rosette Merchant Bank announces new COO as well as consultant for Islamic capital market offering
MALAYSIA: Gamuda issues RM50 million (US$12.18 million) 90-day Islamic commercial paper
MALAYSIA: Bank Negara Malaysia’s papers fully subsrcibed
MALAYSIA: Agrobank names Kamarul Azman Kamarozaman @ Amir and Mohamed Parrish Ersalle Abdul Hameed as CFO and chief human resource officer respectively
KUWAIT: Central Bank of Kuwait places three-month conventional bonds and related Tawarruq facilities
GAMBIA: Central Bank of Gambia to issue three Sukuk Salam papers on 23rd January
INDONESIA: Indonesian Ministry of Finance to sell state Shariah securities on the 22nd January
IVORY COAST: Raouda Finance launches Al Baraka Fund and two Hajj savings schemes
SAUDI ARABIA: Tatweer Buildings closes public-private partnership contracts worth SAR45.5 million (US$12.12 million)
IRAN: Dashte Khoramdareh goes public on Iran Fara Bourse
BAHRAIN: Khaleeji Commercial Bank acquires treasury shares on Bahrain Bourse, increases total holding to 9.46% of paid-up capital
BANGLADESH: Takaful Islami Insurance and Al-Arafah Islami Bank fail to retain their membership in Dhaka Stock Exchange indices
MOROCCO: Al Maali Institute launches training on Shariah governance
MALAYSIA: Bank Negara Malaysia sells Islamic liquidity management tools for RM2.5 billion (US$609.6 million)
BAHRAIN: Central Bank of Bahrain’s first Sukuk Salam issuance of the year fully subscribed
MALAYSIA: Securities Commission Malaysia to roll out guidelines to regulate offering and trading of digital assets by end of first quarter of 2019
OMAN: Alizz Islamic Bank records 20.01% year-on-year increase in total assets as at end of December 2018
IRAN: Central Bank of Iran looks to leverage blockchain technology to prevent forgery and fraud
GLOBAL: Eiger Trading signs on as partner for IFN events in 2019
PAKISTAN: Allied Bank to adopt Oracle Big Data Platform to enhance data-driven decisions
SAUDI ARABIA: Tariq Abdullah Al Ghaziri resigns from board of Al Alamiya for Cooperative Insurance Company
INDONESIA: Indonesian Ministry of Finance privately places three-year state Shariah security
BANGLADESH: Bangladesh Bank places three-month and six-month Bangladesh Government Islami Investment Bonds
PAKISTAN: Byco Petroleum Pakistan suspends trading of Sukuk to facilitate 8th redemption and profit payment
MALAYSIA: Malaysian unit of MUFG Bank provides Islamic project financing for Tenaga Nasional’s new large-scale solar plant
MALDIVES: BML Islamic rolls out three new savings and investment accounts for personal and business customers
PAKISTAN: Punjab government shortlists three candidates for Bank of Punjab’s president position
SAUDI ARABIA: Alawwal Bank becomes first Middle East entity to offer training in artificial intelligence to entire staff
GLOBAL: Saudi Arabian Monetary Authority grants approval to Al Rajhi Bank to commence merger discussions with Malaysian Industrial Development Finance
PAKISTAN: Faysal Bank halfway converting entire branch network to Islamic
SAUDI ARABIA: MedGulf Insurance & Reinsurance Company secures Saudi Arabian Monetary Authority’s consent to renew license for another three years
KUWAIT: Kuwait International Bank collaborates with Quttainah Medical Center to provide non-profit medical Islamic financing
IRAN: Iranian banks to accept Sukuk as collateral; Central Bank of Iran to develop relevant regulation
MALAYSIA: Bank Negara Malaysia floats RM3.9 billion (US$952.1 million)-worth of Islamic papers for Shariah banks to manage short-term liquidity
NIGERIA: Debt Management Office of Nigeria distributes proceeds of sophomore Sukuk issuance
SAUDI ARABIA: Banque Saudi Fransi receives no objection from regulator to appoint two audit committee members
GHANA: Ghana-based Madina Institute of Science and Technology keen on establishing Islamic banking entity; to introduce new courses including Shariah banking
MALAYSIA: MARC affirms ‘AA-IS’ rating on UiTM Solar Power’s green SRI Sukuk
SRI LANKA: Sri Lanka initiates process to potentially tap Sukuk market in 2019