10m ago
KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded robust growth across key sectors in 2024, with developments driven by regulatory adaptability and market innovation.
11m ago
KUALA LUMPUR, April 24 (Bernama) -- Maybank Islamic Bhd (MIB) has appointed Nor Shahrizan Sulaiman, currently serving as deputy chief executive officer (CEO), as the officer-in-charge.
11m ago
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar has been conferred the prestigious Saleh Kamel Award for Islamic Economics at the 45th AlBaraka Islamic Economics Symposium in Madinah.
11m ago
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.
11m 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.
1y ago
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.
1y ago
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.
1y 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.
1y 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.
1y ago
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.
1y 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.
1y 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.