1y ago
ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.
1y ago
KUALA LUMPUR, Nov 4 (Bernama) -- The Association of Banks in Malaysia (ABM) has announced the addition of GX Bank Bhd and Boost Bank Bhd as new members, marking a pivotal moment in Malaysia’s banking industry.
1y ago
KUALA LUMPUR, Nov 4 (Bernama) -- Walee Financial Services Pvt Ltd has introduced Pakistan’s first Islamic nano-financing product, offering interest-free (riba-free) nano-finance through a unique commodity-based trade structure under its fintech brand Hakeem.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 13 (Bernama) -- RHB Banking Group has expressed optimism about Budget 2025, expecting it to deliver well-balanced strategic initiatives that address both immediate economic needs and lay a strong foundation for future growth.
1y ago
LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Singapore is once again the world’s most financially inclusive market for the third year in a row, among 41 markets analysed, as measured by Principal Financial Group's third edition of the Global Financial Inclusion Index.
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Association of E-Money Issuer (AEMI) has proposed the government consider extending the current sales and service tax (SST) exemption for digital financial services in Budget 2025 to sustain the industry’s growth.
1y ago
JOHOR BAHRU, Oct 5 (Bernama) -- Bank Simpanan Nasional (BSN) has captured 6.2 million Premium Savings Certificate (SSP) depositors and produced 103 millionaires so far, said BSN chairman Datuk Seri Dr Awang Adek Hussin.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- TNG Digital Sdn Bhd, operator of TNG eWallet, has urged the government to extend the sales and services tax (SST) exemption on digital services in Budget 2025.
1y ago
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.