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).

Malaysia's Capital Market At RM4.2 Trillion, 62 Pct Islamic -- SC

KUALA LUMPUR, Sept 30 (Bernama) -- Malaysia's capital market currently stands at RM4.2 trillion, with Islamic instruments making up around 62 per cent, said the Securities Commission (SC).

Labuan IBFC Makes Global Financial Index Debut, Drives Islamic Digital Innovation

LABUAN, Sept 29 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) achieved a milestone with its maiden inclusion in the Global Financial Centre Index (GFCI), cementing its reputation as a growing international financial hub.

Bermaz Auto Raises RM130 Mln In Sukuk Wakalah

KUALA LUMPUR, Sept 25 (Bernama) -- Bermaz Auto Bhd (BAuto) has issued a second tranche of Islamic Medium-Term Notes (IMTNs) worth RM130 million under its RM500 million Sukuk Wakalah programme and fully repaid a RM100 million Islamic Commercial Paper (ICP).

Aeon Credit Issues 10th Senior Sukuk Worth RM600 Mln

KUALA LUMPUR, Sept 18 (Bernama) -- AEON Credit Service (M) Bhd has issued its 10th senior sukuk with a nominal amount of RM600 million and a seven-year tenure.

PMB Investment Declares 2.0 Sen Per Unit Distribution For Two Funds, Totalling Over RM11 Mln

KUALA LUMPUR, Sept 11 (Bernama) -- PMB Investment Bhd have declared both the PMB Shariah Premier Fund and PMB Shariah Equity Fund annual distributions of 2.0 sen per unit for the financial year ended Aug 31, 2025 and Aug 30, 2025 respectively, amounting to a total gross distribution of over RM11 million.

New SME Corp Scheme Offers Financing With Up To 40 Pct Grant Conversion

KUALA LUMPUR, Sept 8 (Bernama) -- SME Corporation Malaysia (SME Corp) has launched the Business Accelerator Programme (BAP) Alternative Financing Programme 2025, a new financing programme designed not just to lend but also to reward small and medium enterprises (SMEs).

Zakat Microfinancing: Alliance Islamic Bank Eyes Expansion Of AZAM Programme Nationwide

KUALA LUMPUR, Sept 8 (Bernama) -- Alliance Islamic Bank Bhd plans to expand its Zakat Microfinancing Programme (AZAM) nationwide after the initiative showed positive outcomes in improving the livelihood of asnaf micro entrepreneurs.

AIM Committed To Providing Shariah-compliant Financial Facilities

By Azli Shafii

TANAH MERAH, Sept 7 (Bernama) -- Amanah Ikhtiar Malaysia (AIM) is committed to expanding its Ikhtiar Ar-Rahnu service nationwide to provide takaful-protected, Shariah-compliant micro-financing facilities.

IOI Properties Completes RM1 Bln Sukuk Murabahah Issuance

KUALA LUMPUR, Sept 4 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) wholly-owned subsidiary Fortune Premiere Sdn Bhd has completed its seventh issuance of sukuk murabahah amounting to RM1 billion in nominal value under its existing multi-currency Islamic medium term note programme of up to RM3 billion.

Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.

Maybank Issues RM1.8 Bln Subordinated Sukuk Under RM30 Bln Programme

KUALA LUMPUR, Aug 28 (Bernama) -- Malayan Banking Bhd (Maybank) has completed the issuance of RM1.8 billion in subordinated Sukuk Murabahah under the RM30.0 billion Sukuk programme.