Sidra Capital Joins Malaysia's Bursa Suq Al-Sila’ To Boost Islamic Finance Reach

KUALA LUMPUR, May 19 (Bernama) -- Sidra Capital has officially become a commodity trading participant on Bursa Suq Al-Sila’ (BSAS), Malaysia’s premier Islamic commodity trading platform.

Malaysia’s Islamic Finance Assets To Grow 36 Pct By 2028 -- Standard Chartered

KUALA LUMPUR, May 19 (Bernama) -- Malaysia's Islamic finance assets are projected to grow by 36 per cent by 2028, contributing to the global Islamic finance market, which is expected to reach US$7.5 trillion (US$1 = RM4.29) by then, said Standard Chartered Bank Malaysia Bhd.

Malaysia, Saudi Arabia To Strengthen Bilateral Cooperation In Trade, Investment

KUALA LUMPUR, May 19 (Bernama) -- Enhancing bilateral cooperation in investment and trade between Malaysia and Saudi Arabia was the main focus of the meeting between Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz and Saudi Arabia’s Minister of Investment, Khalid Al-Falih.

Labuan IBFC Records Robust Growth Across Key Sectors In 2024

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.

Abdul Wahid Receives Saleh Kamel Award For Islamic Economics In Madinah

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.

Maybank Launches Global Access For Seamless, Shariah-compliant International Banking

KUALA LUMPUR, April 14 (Bernama) -- The Maybank Group has launched Maybank Global Access, a solution that seamlessly integrates a Shariah-compliant multi-currency account called the Global Access Account-i with the Maybank Global Access Mastercard World debit card.

30 Malaysian Firms Set For 150 Business Matching Sessions At Expo 2025 Osaka – MITI

KUALA LUMPUR, April 14 (Bernama) -- A total of 30 Malaysian companies are scheduled to engage with five international counterparts in more than 150 business matching sessions at Expo 2025 Osaka, Japan.

ASEAN To Explore Financing Structures, Alternative Tools Including Islamic Finance For ASEAN Power Grid

KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states will explore suitable financing structures and alternative tools, including Islamic finance solutions, to finance the ASEAN Power Grid (APG) projects as well as sustainable infrastructure development.

ASEAN Urged To Scale Up Private Capital Investments For Climate Projects -- BNM Governor

KUALA LUMPUR, April 7 (Bernama) -- Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour today has called on ASEAN member states to scale up private sector investments in climate projects given the scale of the region’s investment needs.

Malaysia’s Strategic Response To The Tariff Shock: From Disruption To Institutional Reinvention

By CW Sim

KUALA LUMPUR, April 7 (Bernama) -- When President Donald Trump announced a 24 per cent reciprocal tariff on Malaysia on April 2, 2025, it triggered concern across Southeast Asia. But in Kuala Lumpur, the initial turbulence gave way to a clearer recognition — this was not an unforeseen storm.

Innovative Funding Mechanisms Can Accelerate ASEAN's Transition Towards Low-carbon Economy - Amir Hamzah

KUALA LUMPUR, April 7 (Bernama) -- Innovative funding mechanisms are vital for ASEAN to accelerate its transition towards a low-carbon economy, while strengthening climate resilience, in a just, inclusive and orderly way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Islamic Banks Offer Financial Aid To Putra Heights Gas Pipeline Fire Victims

KUALA LUMPUR, April 2 (Bernama) -- Islamic banks in Malaysia are extending financial assistance to victims of the Putra Heights gas pipeline fire in Selangor.