Bank Rakyat Issues RM1 Bln Senior Sukuk Wakalah

KUALA LUMPUR, May 9 (Bernama) -- Bank Rakyat has successfully issued a RM1 billion Islamic medium-term notes (IMTN) sukuk wakalah via special purpose vehicle (SPV) Imtiaz Sukuk II Bhd. 

Ar-Rahnu Express Opens Kota Bharu Branch

KOTA BHARU, May 7 (Bernama) -- Ar-Rahnu Express, a shariah-compliant pawnshop brand under homegrown jeweller Habib Group, has launched its newest 10th branch at Mydin Tunjong here today. 

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.

Sidra Capital Unveils Shariah-Compliant Fund For Australian Mining And Energy

KUALA LUMPUR, April 23 (Bernama) -- Sidra Capital, a global manager of Shariah-compliant alternative investments, has launched an Australian private credit investment fund focusing on the mining and energy sector in the country.

EXIM Bank An Enabler Of Malaysia Pavilion's RM13 Bln FDI Goal At Expo 2025 Osaka -- MITI

KUALA LUMPUR, April 21 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) is an enabler of the Malaysia Pavilion’s goal to attract RM13 billion in foreign direct investment (FDI) during Expo 2025 in Osaka, Kansai, Japan.

Bank Muamalat's Unit Launches New Shariah-compliant Gold Investment Fund

KUALA LUMPUR, April 16 (Bernama) -- Bank Muamalat Malaysia Bhd’s wholly-owned subsidiary Muamalat Invest Sdn Bhd has launched a new Shariah-compliant gold investment fund, the Muamalat-i Gold Fund (MiGOLD).

Takaful Industry Distributes RM10.20 Bln In Benefits In 2024 – MTA

KUALA LUMPUR, April 16 (Bernama) -- The Malaysian Takaful industry collectively disbursed a total of RM10.20 billion in benefits to certificate holders in 2024, marking a 16.73 per cent increase from the previous year, according to the Malaysian Takaful Association (MTA).

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.

Malaysia And Indonesia Could Explore Greater Complementarity To Strengthen Their Relationship, Similar To That Of Siblings

KUALA LUMPUR, April 10 (Bernama) -- A lot of complementarities between Malaysia and Indonesia could be further explored in bilateral trade, despite competing in the same palm oil market, but should strengthen the relationship akin to siblings, said Indonesia Finance Minister Sri Mulyani Indrawati.

PHB Group Declares 2.50 Sen Interim Income Distribution For AHB

KUALA LUMPUR, April 8 (Bernama) -- Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.

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.

Consistent Savings Simplify Hajj Planning

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 28 (Bernama) -- The recent announcement of Lembaga Tabung Haji’s (TH) 2024 profit distribution has brought joy to depositors, especially with Hari Raya Aidilfitri approaching.