Ringgit Opens Higher Against Greenback Ahead Of FOMC Meeting

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.

BNM’s International Reserves At US$123.4 Bln As At Oct 15

KUALA LUMPUR, Oct 23 (Bernama) -- The international reserves of Bank Negara Malaysia’s (BNM) amounted to US$123.4 billion as at Oct 15, 2025, compared to US$123.6 billion as at Sept 30, 2025.

Takaful Industry Takes Lead In Nurturing Youth Financial Literacy

KUALA LUMPUR, Oct 16 (Bernama) -- Sun Life Malaysia Takaful Bhd (SLMT) and the Malaysian Takaful Association (MTA) have jointly launched the ‘Program Inspirasi Pendidikan Kewangan Belia Negara (Sesi 2025/2026)’ in a step forward to shape a financially responsible and resilient generation.

BNM Remains Optimistic On Ringgit's Outlook Supported By Strong Economy - Governor 

By Karina Imran

KUALA LUMPUR, Oct 15 (Bernama) -- Bank Negara Malaysia (BNM) remains optimistic about the trajectory of the ringgit, underpinned by Malaysia’s strong economic fundamentals and structural reforms.

Takaful Industry Unites To Expand iTEKAD Protection Under Budget 2025

KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s Takaful industry has united to provide iTEKAD protection to vulnerable communities, marking a significant milestone in the nation’s social finance journey and reinforcing its leadership in Islamic finance.

Ringgit Opens Higher Vs Greenback, Other Currencies On Improved Local Sentiment

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on improved local market sentiment, supported by positive remarks from Bank Negara Malaysia (BNM) and expectations of a shift in US Federal Reserve policy, analysts said.

Bank Negara Malaysia To Adopt MYOR-i As Mandatory Islamic Benchmark Rate From July 2027

KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.

Ringgit Likely To Appreciate To RM4 Vs US Dollar By Year-End — BNM Governor

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit could appreciate to RM4 against the US dollar by the end of the year with Malaysia’s bright economic prospects, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said today.

Malaysia's Recognition As Global Islamic Finance Hub Reflects Ethical Foundations -- PM Anwar

KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.

Redefining, Elevating Islamic Finance Can Shape More Sustainable Financial System -- BNM Governor

KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

BNM: Base Medical, Health Insurance/Takaful Product Design To Be Finalised By Year-End

KUALA LUMPUR, Oct 11 (Bernama) -- The design of the base medical and health insurance/takaful product, which is being introduced as part of the Budget 2026 agenda, is expected to be finalised by end-2025 with a view to launch in 2027, said Bank Negara Malaysia (BNM).

Govt Increases Loan Facilities, Guarantees For Entrepreneurs To RM50 Bln In 2026 -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- The amount of government loan facilities and guarantees available to benefit local entrepreneurs will increase to RM50 billion next year from RM40 billion, said Prime Minister Datuk Seri Anwar Ibrahim.