MTA Unveils Maqasid Shariah Scorecard To Enhance Impact, Sustainability Of Takaful Industry

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the Maqasid Shariah Scorecard (MSS), a transformative initiative aimed at assessing the industry’s impact and sustainability. 

BNM: Takaful Industry Urged to Adopt Ta'awun Concept for Enhanced Social Cohesion, Wealth Distribution

KUALA LUMPUR, Oct 15 (Bernama) -- Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.

FBM KLCI Pares Gains But Stays In Positive Territory

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia pared gains but stayed in positive territory at the close on Monday, on buying interest in banking, telecommunications and commodity-related stocks. 

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.

Duck Creek To Provide Comprehensive Risk Management, Mitigation Solutions Via RCT Acquisition

KUALA LUMPUR, Oct 11 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies Inc (RCT), a Toronto-based provider of risk management and loss control solutions.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Moody's Sees Higher Sukuk Issuance In Malaysia In Second Half Of Year

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia is projected to register a higher sukuk issuance in the second half (2H) of this year despite lower domestic sovereign issuance in the first half (1H), according to Moody’s Ratings.

Bursa Malaysia Closes Flat With Key Index Just Managing To Stay Up

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia closed flat on Tuesday amid a mixed regional performance, with the key index just managing to stay up on late buying in selected heavyweight stocks. 

Malaysia At Crossroads, Leap Forward Or Be Left Vulnerable -- Anwar

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia stands at the critical crossroads, either leap forward into a new future of prosperity and security or be left vulnerable to “destructive” processes, says Prime Minister Datuk Seri Anwar Ibrahim.

Trading On Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.

Bursa Malaysia Ends Lower On Concerns Over Middle-East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the week on a low note, weighed down by continuous selling in selected heavyweights, led by telecommunications and media counters, due to emerging concerns over global economic uncertainties.

Late Buying Of Blue Chips Lifts Bursa Malaysia Out Of Red

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia managed to pare earlier losses to close mixed on Thursday, with the key index lifted by late buying in selected heavyweight stocks, led by financial services counters.