AmInvest Declares RM96.9 Mln Income Distribution For 23 Funds
KUALA LUMPUR, Sept 20 (Bernama) -- AmInvest has declared a total net income distribution of RM96.9 million for 23 unit trust funds and wholesale funds from April 2024 to June 2024.
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Gentrification Of Islamic Finance - More Than Just Shariah Compliance
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.
LCR Expects To Improve, Supporting NIM Recovery - Maybank IB
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).
Taiwan’s Non-life Insurance Segment Outlook Revised To Stable - AM Best
KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.
SFZ Forest City To Be Launched On Friday, Incentives To Be Introduced - State Exco
JOHOR BAHRU, Sept 16 (Bernama) – Forest City’s special financial zone (SFZ) will be launched this Friday with various incentives and packages to stimulate investment, growth and economic activities in Johor.
MPOB Ramps Up R&D On Oil Palm Seedlings To Boost Oil Palm Production
KUALA LUMPUR, Sept 15 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is intensifying its research and development (R&D) efforts to produce superior oil palm variants which could boost the nation’s oil palm productivity and output without expanding the plantation area.
QNET Makes Improvements To Health Products Using Latest Technology
GEORGE TOWN, Sept 14 (Bernama) -- QNET, a global direct sales network that focuses on lifestyle and wellness, has made several improvements to its health products using the latest technology.