Islamic Capital Market Remains Substantial Contributor To Overall Capital Market

KUALA LUMPUR, March 20 (Bernama) -- The Islamic Capital Market (ICM) continues to play a significant role, accounting for 63.04 per cent of the overall capital market.

SC: Crypto Trading Fuels Digital Asset Growth In Malaysia

KUALA LUMPUR, March 20 (Bernama) -- The growth of Malaysia’s digital asset ecosystem signals Malaysian investors’ rising familiarity with the new asset classes, particularly crypto-asset trading activities, the Securities Commission Malaysia (SC) said.

CIMB Islamic To Introduce Enhanced Islamic Wealth Management Solutions

KUALA LUMPUR, March 14 (Bernama) -- CIMB Islamic Bank Bhd will introduce enhanced Islamic wealth management solutions tailored to the customer needs and designed to go beyond financial growth in the coming months. 

BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.

Shariah Account’s Equal Dividend Highlights Strength Of Shariah Investments – Economists

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) 6.30 per cent dividend payout for 2024 for the Shariah account, involving a total distribution of RM10.19 billion, is proof that Shariah-compliant investments have strong potential in generating returns, according to an economist.  

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

IILM: US$710 Mln Short-term Sukuk Oversubscribed By 2.15 Times

KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.

Malaysia Can Drive ASEAN-China Synergies In Achieving Asian Century - Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) — Malaysia could drive ASEAN-China synergies to achieve the Asian Century, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Green Halal: Game-Changer For Business Growth -- Alliance Islamic Bank

By Karina Imran

KUALA LUMPUR, Feb 12 (Bernama) -- The concept of “green halal”, despite being unfamiliar to many, plays a vital role in driving business growth by merging halal and sustainable practices, said Alliance Islamic Bank Bhd (AIS).

BIMB Holdings Partners RELDYN To Advance Shariah-compliant Digital Finance

KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd’s wholly owned subsidiary, BIMB Holdings Sdn Bhd, has partnered with RELDYN Tech Sdn Bhd to advance the Shariah-compliant digital finance landscape.

microLEAP's Financing Disbursement Surges 101 Pct To RM125 Mln In 2024

KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.  

Bursa Malaysia's FY2024 Net Profit Increases To RM310.12 Mln

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.