PTT Synergy To Establish Perpetual Sukuk Wakalah Programme Of Up To RM500 Mln

KUALA LUMPUR, Dec 31 (Bernama) -- PTT Synergy Group Bhd has announced the establishment of a Perpetual Sukuk Wakalah Programme of up to RM500 million in nominal value.

Bank Islam Surpasses RM4 Bln Green Financing Target, Well Ahead Of 2025 Goal

KUALA LUMPUR, Dec 26 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal.

Aminvest Declares Income Distribution Of RM142.8 Mln

KUALA LUMPUR, Dec 23 (Bernama) -- AmInvest, the fund management business of AmInvestment Bank Bhd, has announced a total income distribution of RM142.8 million for 32 of its unit trust and wholesale funds, covering the period from July to September 2024.

EcoWorld's Unit Issues RM300 Mln Sukuk Wakalah

KUALA LUMPUR, Nov 28 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld Malaysia) wholly-owned subsidiary, Eco World Capital Bhd, has issued a RM300 million sukuk wakalah.

Bank Muamalat Honoured With Inaugural World Islamic Banking Excellence Award At The WMLF 2024

KUALA LUMPUR, Nov 25 (Bernama) -- Bank Muamalat Malaysia Bhd was honoured with the inaugural ‘World Islamic Banking Excellence Award’ at the prestigious World Muslim Leadership Forum (WMLF) 2024 in London, United Kingdom (UK), last Friday (Nov 22).

PPP Eases Government Burden, Enhances Efficiency And Productivity

KUALA LUMPUR, Nov 24 (Bernama) -- Public-private partnerships (PPPs) can alleviate the government's burden in national development while enhancing efficiency, productivity and accelerating the country's growth.

AEON Credit Issues Seventh Sukuk Wakalah Of RM450 Mln Sukuk

KUALA LUMPUR, Nov 14 (Bernama) -- AEON Credit Service (M) Bhd has made its seventh issuance of senior sukuk under its RM5 billion sukuk wakalah programme.

Bank Islam, PMB Investment Forge Strategic Alliance To Expand Shariah-Compliant Investment Opportunities

KUALA LUMPUR, Nov 12 (Bernama) -- PMB Investment Bhd and Bank Islam Malaysia Bhd (BIMB) have signed a memorandum of understanding (MoU) to establish a strategic collaboration aimed at expanding Shariah-compliant investment opportunities.

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

BNM: Malaysia's ASEAN Chairmanship To Boost Regional Takaful, Re-takaful Collaboration 

KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia’s ASEAN chairmanship next year represents an opportunity to advance regional collaboration in critical sectors including in takaful and re-takaful, said Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid. 

Labuan’s IDAC on Track To Achieve US$1 Bln In Shariah-compliant digital Assets

LABUAN, Nov 8 (Bernama) -- Labuan’s Islamic Digital Asset Centre (IDAC), launched in 2022, has marked major milestones, with digital assets now collectively valued at US$820 million.

OIC Member States Must Foster Collaboration On Financial Ecosystems, Strengthen Digital Payment - Fahmi

From Kisho Kumari Sucedaram

ISTANBUL, Nov 4 (Bernama) -- The Organisation of Islamic Cooperation (OIC) member states must prioritise the sharing of best practices and foster robust collaboration among Islamic nations to develop modern, efficient and inclusive financial ecosystems, effectively phasing out outdated traditional methods.