Islamic Finance News
- INDONESIA: Otoritas Jasa Keuangan proposes to make Shariah spin-off requirement voluntary instead of mandatory INDONESIA: Otoritas Jasa Keuangan proposes to make Shariah spin-off requirement voluntary instead of mandatory
- IRAN: Iranian insurers to launch human resources-related products as part of drive for new instruments IRAN: Iranian insurers to launch human resources-related products as part of drive for new instruments
- OMAN: Oman Arab Bank appoints Yasir Aqil Mohammed Badri as independent board member OMAN: Oman Arab Bank appoints Yasir Aqil Mohammed Badri as independent board member
- SAUDI ARABIA: IsDB Group plans new project to boost dates sector production chain to increase exports and employment SAUDI ARABIA: IsDB Group plans new project to boost dates sector production chain to increase exports and employment
- INDONESIA: President Joko Widodo to inaugurate cash Waqf movement in Indonesia INDONESIA: President Joko Widodo to inaugurate cash Waqf movement in Indonesia
- GLOBAL: Lebanon’s Bank Audi signs agreement with First Abu Dhabi Bank for latter’s 100% share capital acquisition in former’s Egyptian subsidiary unit GLOBAL: Lebanon’s Bank Audi signs agreement with First Abu Dhabi Bank for latter’s 100% share capital acquisition in former’s Egyptian subsidiary unit
- UK: Supply@ME Capital secures official Shariah approval for Inventory Monetisation Platform UK: Supply@ME Capital secures official Shariah approval for Inventory Monetisation Platform
- MALAYSIA: Bank Negara Malaysia maintains overnight policy rate at 1.75% as global economy continues to recover MALAYSIA: Bank Negara Malaysia maintains overnight policy rate at 1.75% as global economy continues to recover
- JORDAN: Fitch affirms Jordan Islamic Bank’s ‘BB-’ rating with negative outlook JORDAN: Fitch affirms Jordan Islamic Bank’s ‘BB-’ rating with negative outlook
- QATAR: Alkhaleej Takaful Insurance opens board membership nominations QATAR: Alkhaleej Takaful Insurance opens board membership nominations
- SAUDI ARABIA: Al-Bilad Saudi Sovereign Sukuk Traded Fund starts registration process with General Authority of Zakat and Tax SAUDI ARABIA: Al-Bilad Saudi Sovereign Sukuk Traded Fund starts registration process with General Authority of Zakat and Tax
- OMAN: Alizz Islamic Bank appoints Sheikh Dr Essam Khalaf Al Anzi as chairman of Sharia Supervisory Board OMAN: Alizz Islamic Bank appoints Sheikh Dr Essam Khalaf Al Anzi as chairman of Sharia Supervisory Board
- SAUDI ARABIA: Mambu and Ta3meed partner up to provide Shariah compliant financing solutions to Saudi SMEs SAUDI ARABIA: Mambu and Ta3meed partner up to provide Shariah compliant financing solutions to Saudi SMEs
- IRAN: Dr Hasan Ghalibaf Asl tenders resignation as chairman of Iran’s Securities and Exchange Organization IRAN: Dr Hasan Ghalibaf Asl tenders resignation as chairman of Iran’s Securities and Exchange Organization
- PAKISTAN: Pakistan’s federal cabinet approves tax exemption on profits gained through international Sukuk issuances under government programs PAKISTAN: Pakistan’s federal cabinet approves tax exemption on profits gained through international Sukuk issuances under government programs
- GLOBAL: Warba Bank and software developer Eurisko Mobility Power collaborate for banking digital transformation GLOBAL: Warba Bank and software developer Eurisko Mobility Power collaborate for banking digital transformation
- UAE: Abu Dhabi Islamic Bank launches healthcare-focused equities basket note with a minimum investment of US$50,000 UAE: Abu Dhabi Islamic Bank launches healthcare-focused equities basket note with a minimum investment of US$50,000
- PAKISTAN: Meezan Bank announces direct integration with Visa for routing settlement of card transactions PAKISTAN: Meezan Bank announces direct integration with Visa for routing settlement of card transactions
- MALAYSIA: HSBC Malaysia rolls out ethical charity feature for HSBC Amanah credit cards MALAYSIA: HSBC Malaysia rolls out ethical charity feature for HSBC Amanah credit cards
- OMAN: National Bank of Oman further enhances Quick Response code payments as contactless payments gain prominence OMAN: National Bank of Oman further enhances Quick Response code payments as contactless payments gain prominence