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.
KUALA LUMPUR, Sept 18 (Bernama) -- The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, said Maybank Investment Bank Bhd (Maybank IB).
KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025.
KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.
KUALA LUMPUR, Sept 18 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in the early trading session on Bursa Malaysia Derivatives, tracking the underlying cash market’s performance.
KUALA LUMPUR, Sept 17 (Bernama) -- Al'Ard, a Palestinian olive oil-based health product brand has made history with its achievement of sending RM50 million to Palestine during its 10 years of operation in Malaysia.
KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia and Brazil will enhance collaboration to tap the extensive global halal market which is anticipated to generate US$3 trillion (US$1=RM4.253) next year, said Agriculture and Food Security Deputy Minister Datuk Arthur Joseph Kurup.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the third consecutive trading day, mainly driven by India imposing higher import tax on edible oils, according to a trader.
KUALA LUMPUR, Sept 17 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives remained steady at the close today ahead of the United States Federal Open Market Committee (FOMC) meeting on September 17-18.
KUALA LUMPUR, Sept 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today in line with the performance of the underlying cash market.
KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia’s ASEAN chairmanship next year presents an excellent opportunity for the country to expand and strengthen trade relations, not only with ASEAN members but also with neighbouring ASEAN Plus countries, according to the Malaysia External Trade Development Corporation (MATRADE).
KUALA LUMPUR, Sept 17 (Bernama) -- SCF Partners Inc (SCF) has acquired the Newpark Fluids Systems business (NFS), a global pure-play oil and gas and geothermal fluids solution provider, from Newpark Resources Inc.
