Varia Proposes To Set Up RM3 Bln Sukuk Murabahah Programme
KUALA LUMPUR, Oct 8 (Bernama) -- Varia Bhd plans to raise up to RM3 billion through the proposed issuance of Islamic medium term notes (IMTNs).
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Unifi Business Launches Impak Biz To Strengthen Digitalisation Of MSMEs
KUCHING, Sept 23 (Bernama) -- Unifi Business has recently launched its IMPAK BIZ campaign to help empower the digitalisation of Malaysia’s micro, small and medium enterprises (MSMEs), as well as marking a significant step in strengthening the entrepreneurial ecosystem and driving business innovation.
Bank Islam Offers Financial Relief For Flood Victims
KUALA LUMPUR, Sept 17 (Bernama) -- Bank Islam Malaysia Bhd today announced financial relief measures prioritising affected micro, small and medium enterprises (MSMEs) alongside support for individual customers in flood disaster areas nationwide.
Johor Plantations Issues RM200 Mln Sustainability Sukuk Wakalah-IMTN
KUALA LUMPUR, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has issued Series 2 Sukuk Wakalah-Islamic Medium Term Notes Programme (IMTN), its inaugural Sustainability Sukuk Wakalah-IMTN, in aggregate of RM200 million in nominal value under the IMTN programme.
Maybank Appoints Malique Firdauz As New Officer-In-Charge Of Maybank Islamic
KUALA LUMPUR, Aug 1 (Bernama) -- Maybank has appointed its current chief financial officer Malique Firdauz Ahmad Sidique as officer-in-charge (OIC) for Maybank’s group chief executive officer (CEO), Islamic Banking and CEO, Maybank Islamic Bhd (MIB) effective today.
Bank Islam Appoints New Group CFO Effective Aug 1
KUALA LUMPUR, July 31 (Bernama) -- Bank Islam Malaysia Bhd has appointed Siti Nur Huda Sufian as group chief financial officer (CFO) effective Aug 1, 2025 to succeed Azizan Abd Aziz.
BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance
KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.
Bank Islam Issues Ninth Tranche Of RM1 Bln Senior Sukuk Murabahah
KUALA LUMPUR, July 29 (Bernama) -- Bank Islam Malaysia Bhd has issued RM1.0 billion Senior Sukuk Murabahah under its RM10.0 billion Sukuk Murabahah Programme on July 25.
Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package
KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).
CGC Enhances Financing Features Under BizJamin MTC, BizJamin-i MTC Schemes To Support MTCs
KUALA LUMPUR, July 23 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.
IILM’s US$800 Mln Short-term Sukuk Oversubscribed 2.3 Times
KUALA LUMPUR, July 22 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$800 million (US$1=RM4.23) in short-term sukuk across three tenors, with the offering oversubscribed by 2.3 times.
Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates
KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.