| LATEST NEWS | The High Court sentenced Datuk Seri Najib Tun Razak to a total of 15 years' imprisonment and fined him RM11.4 billion on four counts of power abuse and 21 counts of money laundering involving RM2.3 billion linked to 1MDB | Floods hit Terengganu again, three PPS activated this evening - APM | 1MDB funds: Najib found guilty on all 21 money laundering charges - High Court | 1MDB funds: Najib found guilty on fourth charge of using position to obtain gratification - High Court | 1MDB funds: Najib found guilty on third charge of using position to obtain gratification - High Court | |
KUALA LUMPUR, Aug 20 (Bernama) -- Eco World Development Group Bhd’s wholly-owned subsidiary, Eco World Perpetual Capital Bhd, has established a rated Perpetual Sukuk Wakalah Programme with a nominal value of RM2.0 billion.
KUALA LUMPUR, Aug 20 (Bernama) -- StashAway Malaysia, a digital wealth management platform, is targeting RM80 million in investments within the next 12 months through its newly launched Shariah Global Portfolios, designed to offer Malaysians globally diversified Shariah-compliant investment solutions.
KUALA LUMPUR, Aug 19 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) and PT Bathi Rakyat Abadi today signed a Memorandum of Understanding (MoU) to collaborate on expanding Shariah-compliant financial solutions, namely Ar-Rahnu (Islamic pawn broking) services, and support the growth of halal-based businesses in Indonesia.
KUALA LUMPUR, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has issued Series 2 Sukuk Wakalah-Islamic Medium Term Notes Programme (IMTN), its inaugural Sustainability Sukuk Wakalah-IMTN, in aggregate of RM200 million in nominal value under the IMTN programme.
KUALA LUMPUR, Aug 14 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a Tier 2 subordinated sukuk programme of up to RM1 billion in nominal value based on the shariah principle of wakalah bi al-istithmar.
KUALA LUMPUR, Aug 7 (Bernama) – The growth of Islamic finance will be driven by greater connectivity across asset classes, geographies and generations -- and not just by compliance -- as a generational shift in investor demographics brings in younger, digital-native and value-conscious investors.
KUALA LUMPUR, Aug 4 (Bernama) -- Buy Now, Pay Later (BNPL) facilities remain under control, but regulatory measures are being strengthened to protect consumers through the Consumer Credit Act 2025 (CCA).
KUALA LUMPUR, Aug 4 (Bernama) -- Bank Muamalat Malaysia Bhd, in a strategic collaboration with Syarikat Takaful Malaysia Am Bhd (Takaful Malaysia Am), have introduced Malaysia’s first Cyber Takaful Protection available from as low as RM14.80 per year.
KUALA LUMPUR, July 30 (Bernama) -- UEM Sunrise Bhd has completed the issuance of Islamic medium-term notes (IMTNs) worth RM500 million under its existing IMTN programme.
KUALA LUMPUR, July 23 (Bernama) -- Manulife Investment Management (Manulife IM) has launched the Manulife Shariah Dynamic Leaders Fund, the firm’s first shariah-compliant global equity fund in Malaysia.
KUALA LUMPUR, July 22 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$800 million (US$1=RM4.23) in short-term sukuk across three tenors, with the offering oversubscribed by 2.3 times.
KUALA LUMPUR, July 22 (Bernama) -- Bursa Carbon Exchange (BCX), a wholly owned unit of Bursa Malaysia Bhd, has signed a memorandum of collaboration (MoC) with UEM Lestra Bhd, a wholly owned unit of UEM Group Bhd, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).
