6m ago
KUALA LUMPUR, Sept 8 (Bernama) -- Islamic finance must leverage three key drivers, mainly climate action, digital inclusion and Islamic innovation, to serve a higher purpose for Malaysia, Oman and the rest of the world, said Securities Commission (SC) chairman Datuk Mohammad Faiz Azmi.
7m ago
KUALA LUMPUR, Aug 14 (Bernama) -- AIA Public Takaful Bhd has appointed Mohd Asri Omar as its new chief executive officer (CEO), effective Aug 11, 2025.
8m ago
KUALA LUMPUR, July 8 (Bernama) -- The Securities Commission Malaysia (SC) has signed a memorandum of understanding (MoU) with Durham University to strengthen cooperation in capacity building, knowledge sharing, and joint initiatives in Islamic finance and Islamic capital market (ICM).
9m ago
KUALA LUMPUR, May 26 (Bernama) -- The Securities Commission Malaysia (SC) has unveiled the 40 Hadiths book series on sustainability and ethical sales transactions to promote a deeper understanding of the Islamic perspective on sustainability and Islamic ethics in commercial transactions.
10m ago
KUALA LUMPUR, May 7 (Bernama) -- The Alliance Islamic Bank Zakat Microfinancing Programme (AZAM), launched in December 2023 in collaboration with Lembaga Zakat Selangor and Amanah Ikhtiar Malaysia, has chanelled financing amounting to RM450,000 to 103 asnaf micro-entrepreneurs.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government has allocated a RM100 million matching fund to spur innovation in Islamic financing based on Islamic values so that it no longer depends on Shariah-compliant products similar to conventional ones.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the Maqasid Shariah Scorecard (MSS), a transformative initiative aimed at assessing the industry’s impact and sustainability.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.
1y ago
JAKARTA, Oct 4 (Bernama) -- Malaysia and Indonesia are acknowledged as pioneers in developing Islamic public finance instruments within their fiscal policies, according to Indonesia’s Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- The halal industry can complement the Islamic economy, as it is inclusive and comprehensive, and gives a positive impact on the broader community, said Prime Minister Datuk Seri Anwar Ibrahim.