Westports, Maybank Islamic Eye China’s Growing Halal Market Worth US$217 Bln

From Amanina Mohamad Yusof

SHANGHAI, Nov 7 (Bernama) -- As Malaysia seeks a stronger role in global halal logistics, major port operator Westports Holdings Bhd is positioning itself to capitalise on China’s rapidly growing halal food and beverage market, projected to reach US$217.10 billion by 2034.(US$1 = RM4.18).

Bank Islam, PAAB Ink MoU To Channel RM100 Mln Financing For Contractors

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Islam Malaysia Bhd has inked a memorandum of understanding (MoU) with Pengurusan Aset Air Bhd (PAAB) to provide RM100 million financing to PAAB contractors in 2026.

Gold Price Rally Best Opportunity To Invest In Shariah-Compliant BIGA-i Account - BIMB

KUALA LUMPUR, Nov 4 (Bernama) -- The price of gold, which has risen by more than 40 per cent since early January 2024, presents the best opportunity to invest in the Bank Islam Gold Account (BIGA-i), a Bank Islam Malaysia Bhd’s (BIMB) Shariah-compliant digital gold product.

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).

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).