MALAYSIA: Former Malaysian prime minister pleads not guilty to four counts of corruption
IRAN: Central Insurance of Iran considering divesting shares of Iran Insurance Company in line with expanding private sector
INDONESIA: National movement needed to spur Islamic finance, says deputy governor of Bank Indonesia
GLOBAL: KPMG Lower Gulf names Nader Haffar as CEO of UAE and Oman operations; Vijay Malhotra to continue as chairman
SAUDI ARABIA: Saudi Electricity receives over US$5 billion in orders for US$2 billion Sukuk
SAUDI ARABIA: Capital Market Authority highlights suspicious trading activities
QATAR: Consolidation of Barwa Bank and International Bank of Qatar to benefit Qatar’s fragmented banking sector, says Moody’s
SAUDI ARABIA: Saudi Airlines Cargo Company secures SAR1.2 billion (US$319.85 million) in Islamic financing to fund expansion of cargo facilities
OMAN: Central Bank of Oman approves appointment of V V Suresh Kumar as acting CEO of Taageer Finance Company
OMAN: Bank Muscat appoints Jeyaretna Sunderlal George as member of the board of directors representing Oman National Investment Corporation
SAUDI ARABIA: Arab National Bank’s board of directors accepts appointment of Ziyad Anwar Abdel Rahman Akrouk as board member
MALAYSIA: Bank Negara Malaysia issues Islamic papers worth a combined RM17.65 billion (US$4.26 billion)
BRUNEI: Government of Brunei sells 161st short-term Sukuk Ijarah
SAUDI ARABIA: Saudi Arabia lists US$2 billion Sukuk on London Stock Exchange
QATAR: Al Khalij Commercial Bank ends discussions for disposal of French subsidiary
GERMANY: AlBaraka Turk to launch digital-only Islamic banking service in Germany
UZBEKISTAN: IDB and Uzbekistan sign partnership worth US$1.3 billion
MALI: Institut SIMON Finance et Management International launches Master’s degree in Islamic finance
OMAN: Alizz Islamic Bank signs MoU with Takaful Oman
MALAYSIA: International Islamic Liquidity Management Corporation appoints Dr Umar A Oseni as new acting CEO
SINGAPORE: IFN welcomes CIMB Islamic as partner for IFN Singapore Forum 2018
GLOBAL: IDB raises US$1.3 billion through Sukuk
GAMBIA: Central Bank of Gambia floats three Sukuk Salam papers
MALAYSIA: Bank Negara Malaysia issues Islamic liquidity management instruments
UAE: Al Hilal Bank issues US$500 million five-year senior Sukuk
UAE: Dubai Financial Market appoints SICO as market maker and liquidity provider
GLOBAL: Islamic banking and Sukuk issuances in the African region still lacking behind other regions, but growth is expected, says Moody’s Investors Service
INDONESIA: PEFINDO downgrades rating on Sumberdaya Sewatama’s Sukuk Ijarah paper
SENEGAL: IDB supports Community Development Emergency Scheme
SAUDI ARABIA: Maalem Financing Company plans to issue Sukuk
INDONESIA: Investree to distribute Indonesia’s upcoming retail Sukuk issuance
AZERBAIJAN: Azerbaijan and IDB discuss development of their collaboration
SAUDI ARABIA: Saudi Indian Cooperative Insurance Company receives Saudi Arabian Monetary Authority’s nod for capital hike
CHINA: Investcorp closes first private equity investment in China
UAE: Abu Dhabi Islamic Bank considers capital hike in 2019
MALAYSIA: Bank Negara Malaysia prints three Money Market Tender Qard facilities
IRAN: Qom Atrin Thread listed on Iran Fara Bourse
GLOBAL: Central African Economic and Monetary Community looks for support from IDB
MALAYSIA: Sabah Credit Corporation auctions three-year Islamic medium-term note
IRAN: Padideh Shimi Gharn obtains Securities and Exchange Organization of Iran’s nod for Sukuk issuance
MOROCCO: Morocco to debut sovereign Sukuk in the first week of October
KUWAIT: Central Bank of Kuwait issues Shariah and conventional securities worth KWD160 million (US$526.94 million)
GLOBAL: IDB fixes initial price guidance for benchmark-sized five-year dollar Sukuk
INDONESIA: Indonesian Ministry of Finance auctions six Shariah securities
UAE: Emaar Properties reportedly hires three banks to arrange sale of perpetual Sukuk
UAE: DP World to issue Sukuk for US$1 billion with a 10-year tenor
MALAYSIA: Bina Darulaman floats 30-day Islamic commercial paper
GLOBAL: Green Sukuk market remains sporadic, but significant opportunities exist due to rising energy demand and countries targeting higher contribution to clean energy, says Moody’s
SAUDI ARABIA: Saudi Indian Cooperative Insurance’s board of directors recommends capital increase
OMAN: Muscat Securities Market announces list of Shariah compliant companies for second quarter of 2018