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KUALA LUMPUR, April 4 (Bernama) -- OCBC Bank (Malaysia) Bhd, along with its Islamic banking arm OCBC Al-Amin Bank Bhd, is urging customers impacted by the recent fire at Putra Heights to contact the bank for possible relief or restructuring of their loans and financing schemes.
10m ago
KUALA LUMPUR, April 2 (Bernama) -- Islamic banks in Malaysia are extending financial assistance to victims of the Putra Heights gas pipeline fire in Selangor.
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KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
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KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.
11m ago
KUALA LUMPUR, Feb 28 (Bernama) – Malaysia's first Islamic digital bank AEON Bank won the "Best Islamic Digital Bank (Global)" and "Best Islamic Digital Offering by a Bank (Malaysia)" at the recent Islamic Finance News (IFN) Awards via an IFN best bank poll.
11m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.
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KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.
11m ago
KUALA LUMPUR, Feb 26 (Bernama) -- Public Bank Bhd’s net profit rose by 7.5 pct to RM7.15 billion in the financial year ended Dec 31, 2024 (FY2024) compared with RM6.65 billion in FY2023, due to the reversal of over-provision of tax in the prior years.
11m ago
KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) – Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023.
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd’s wholly owned subsidiary, BIMB Holdings Sdn Bhd, has partnered with RELDYN Tech Sdn Bhd to advance the Shariah-compliant digital finance landscape.