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TAITRA launches the first Halal Taiwan Week
Launched on Sept 14 by Taiwan External Trade Development Council (TAITRA), the first Halal Taiwan Week was a virtual three-day event that aimed to advertise local firms and introduce a Muslim-friendly environment in Taiwan with a series of activities, including an online International Halal Industry Webinar, one-on-one online Business Matchmaking, and an online show of Halal products.
20 Sep 2021
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press release
Nurturing Shariah experts in the Islamic finance industry - IBFIM
The Islamic Banking and Finance Institute Malaysia (IBFIM) is collaborating with the International Islamic University Institute of Islamic Banking and Finance (IIiBF) in delivering a programme to build a solid foundation of Shariah knowledge among learners as well as strengthening the development of the Islamic finance globally.
17 Sep 2021
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press release
KPMG and IBFIM to drive sustainability and VBI initiatives for Malaysia’s Financial Services industry
KPMG in Malaysia has joined forces with the Islamic Banking and Finance Institute Malaysia (IBFIM) to drive sustainability and Value Based Intermediation initiatives for Malaysia’s financial services industry. This collaboration aims to provide crucial insight and guidance on environmental, social and governance (“ESG”) factors for financial institutions.
15 Sep 2021
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press release
MARC affirms TNB Northern Energy's rating with stable outlook
MARC has affirmed its AAAIS rating on TNB Northern Energy Berhad's (TNB Northern) outstanding sukuk of RM1.35 billion with a stable outlook. TNB Northern is the funding vehicle for its parent TNB Prai Sdn Bhd to develop and operate the 1,071.43-MW combined-cycle gas turbine (CCGT) power plant in Seberang Perai Tengah, Penang. TNB Prai, which is an indirect wholly-owned subsidiary of Tenaga Nasional Berhad (TNB), has a 21-year power purchase agreement (PPA) with TNB.
15 Sep 2021
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press release
INCEIF appoints Tan Sri Azman Mokhtar as new chairman
INCEIF The Global University of Islamic Finance today announced the appointment of Tan Sri Azman Mokhtar as Chairman of INCEIF Board, effective 21 June 2021. He takes over the role from Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus who has stepped down after holding the position from 11 December 2018.
15 Sep 2021
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press release
RAM Ratings reaffirms AAA/P1 ratings of Pengurusan Air Selangor’s RM10 billion Sukuk Murabahah Programme
RAM Ratings has reaffirmed the respective long and short-term AAA/Stable and P1 ratings of Pengurusan Air Selangor Sdn Bhd’s (Air Selangor or the Company) Islamic Medium-Term Notes Programme of up to RM10 bil in nominal value and Islamic Commercial Papers Programme of up to RM10 bil in nominal value. Both facilities (collectively, the Sukuk) have a combined limit of RM10 bil in nominal value. Under both facilities, Air Selangor may opt to issue Sustainable & Responsible Investment (SRI) Sukuk Kelestarian that complies with its Sustainable Development Sukuk Kelestarian Framework. The Sukuk Kelestarian has been reviewed by RAM Sustainability Sdn Bhd and is aligned with transparency and disclosure requirements. 1 Kindly refer to the second opinion report published on 9th November 2020 for further information.
15 Sep 2021
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press release
The IILM concludes reissuance of USD 1.2 billion short-term sukuk
The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.2 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month respectively.
14 Sep 2021
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