| LATEST NEWS | Government reserves the right to revoke approved assistance in the event of non-compliance - MoF | Total allocation for STR and SARA this year is RM15 billion, the highest in government history - MoF | RM1.1 billion allocated for STR Phase 1 this year, benefitting 3.7 million households and 1.3 million senior citizens without spouses - MoF | MINDEF given priority to adopt ESG framework due to large scale of procurement and need for more sustainable governance – Fahmi | Discussion with Online Safety Committee on Tuesday touches on the challenges of AI, sandbox regulatory process - Fahmi | |
KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.
KUALA LUMPUR, Nov 7 (Bernama) -- From January to September 2024, Malaysia’s halal product exports increased to RM45.04 billion compared to RM39.36 billion in the same period in 2023.
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.
KUALA LUMPUR, Nov 5 (Bernama) -- Walee Group announced that Hakeem, the flagship Islamic Nano-financing product of its financial services division, “Walee Financial Services”, has been nominated for the 2024 Singapore FinTech Festival - FinTech Excellence Awards.
KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).
ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.
From Kisho Kumari Sucedaram
ISTANBUL, Nov 4 (Bernama) -- The Organisation of Islamic Cooperation (OIC) member states must prioritise the sharing of best practices and foster robust collaboration among Islamic nations to develop modern, efficient and inclusive financial ecosystems, effectively phasing out outdated traditional methods.
KUALA LUMPUR, Nov 4 (Bernama) -- Walee Financial Services Pvt Ltd has introduced Pakistan’s first Islamic nano-financing product, offering interest-free (riba-free) nano-finance through a unique commodity-based trade structure under its fintech brand Hakeem.
From Kisho Kumari Sucedaram
ISTANBUL, Nov 3 (Bernama) -- Communications Minister Fahmi Fadzil has arrived for a three-day working visit to Turkiye and to attend the Organisation of Islamic Cooperation’s (OIC) 40th session of the Standing Committee for Economic and Commercial Cooperation (COMCEC).
MELAKA, Nov 2 (Bernama) -- About 25,000 visitors are expected at the Melaka International Halal Festival 2024 (MIHF24), taking place at the Melaka International Trade Centre (MITC) from Dec 20 for three days.
KUALA LUMPUR, Nov 2 (Bernama) -- Ukraine views Malaysia as a key entry point for expanding collaborations in the ASEAN region's unmanned aerial vehicle (UAV) and drone sectors, said Ukraine’s deputy economy minister, Taras Kachka.
KUALA LUMPUR, Oct 30 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions totalling more than RM94 million for four funds for the financial year ended Oct 31, 2024.
