Islamic Finance Gateway Daily Briefing

Tuesday, July 22- The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full PDF version of the briefing click here: http://tmsnrt.rs/1ttEFwk TOP STORIES Kuwaiti bank KFH Q2 net profit rises 6.4 pct, misses estimates - RTRS - Zawya Islamic Kuwait Finance House ( KFH ) , the country's biggest Islamic lender, reported a 6.4 percent rise in second-quarter net profit on Monday, slightly below analysts' estimates. Turkiye Finans raises $252 mln from first sukuk issuance in Malaysia - RTRS - Zawya Islamic Turkish lender Turkiye Finans Katilim Bankasi has raised 800 million ringgit ($252.21 million) from an Islamic bond in Malaysia, its first issuance from a 3 billion ringgit programme announced last month. Cash-flush Gulf banks grab top spots in region's loan market - RTRS - Zawya Islamic Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms, elbowing aside some of the foreign banks which used to dominate lending. ------------------------------------------------------------ The Islamic Finance Briefings cover all the latest news, data, quotes and industry announcements you need. They also include Islamic Interbank Benchmark Rates, major FX and equity market movements and indicators for all sharia-compliant asset classes. To view the full IFG Briefing click here: http://tmsnrt.rs/V0Sgzw To subscribe to the IFG Briefings and Community, use this link: http://online.thomsonreuters.com/ifg We value your feedback, contact us at ifgeditor@thomsonreuters.com (Prepared by Tina Kwan) A service of Thomson Reuters and Zawya Islamic Finance Gateway. The contents of this Briefing are independently compiled by the Thomson Reuters and Zawya Islamic Finance Gateway Service, a business of the Global Growth and Operations Division. While material is drawn from Reuters News and other sources, Reuters has not participated in the selection of these articles.