2m ago
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.
2m ago
KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.
3m ago
KUALA LUMPUR, Oct 20 (Bernama) -- The Father of Malaysian Islamic Banking, Datuk Dr Abdul Halim Ismail, passed away at the age of 85 this morning.
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By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.
3m ago
KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).
3m ago
KUALA LUMPUR, Oct 2 (Bernama) -- Bank Islam Malaysia Bhd has launched its second tranche of additional Tier-1 capital sukuk wakalah from its RM5.0 billion Sukuk Wakalah Programme amounting to RM250 million Perpetual Non-Call five years.
3m ago
SHAH ALAM, Sept 27 (Bernama) -- Bank Islam Malaysia Bhd has launched the Mastercard Inspire Credit Card-i, a new shariah-compliant credit card designed for young professionals.
4m ago
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.