SAUDI ARABIA: Al Sagr Cooperative Insurance Co announces calling candidature for board member elections to fill five vacant chairs in current session

BANGLADESH: Bank Asia reelects Rumee A Hossain as chairman of board executive committee

MALAYSIA: Amanah Ikhtiar Malaysia disburses RM980 million (US$223.49 million) in financing to microentrepreneurs from January to May 2022

SOUTH AFRICA: WealthPoint launches Shariah compliant global real estate investment platform Shari’ah Wealth

QATAR: Qatar Islamic Bank introduces new features to mobile app to simplify digital banking experience

MALAYSIA: RAM reaffirms Public Islamic Bank’s ‘AAA/Stable/P1’ financial institution ratings and ‘AAA/Stable’ and ‘AA1/Stable’ senior and subordinated Sukuk ratings respectively

OMAN: Capital Intelligence affirms Alizz Islamic Bank’s long- and short-term ratings at ‘omAA’ and ‘omA1+’ respectively

BAHRAIN: GFH Financial Group increases stake in GB Corp from 50.41% to 62.91% through strategic swaps valued at US$1.7 million

GLOBAL: Arab Regional Payments Clearing and Settlement Organization welcomes Jordan Islamic Bank in network of participants

PAKISTAN: Pakistan government to receive funding worth US$761 million from IsDB and Global Polio Eradication Initiative for polio eradication program

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