1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).
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 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) targets RM1 billion in export sales from the upcoming MIHAS@Dubai at the Dubai World Trade Centre.
1y ago
KUALA LUMPUR Oct 22 (Bernama) -- Great Eastern Takaful Bhd (GETB) has achieved significant milestones, being named Best Takaful Solution Provider 2024 at the Global Islamic Finance Awards (GIFA) and receiving the Initiative Award - Upcycling from the ESGBusiness Awards.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- The Father of Malaysian Islamic Banking, Datuk Dr Abdul Halim Ismail, passed away at the age of 85 this morning.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption for Labuan commercial entities conducting Islamic financial activities, including Labuan takaful and eligible related businesses, according to the Ministry of Finance (MoF).
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 9 (Bernama) -- Malaysia is projected to register a higher sukuk issuance in the second half (2H) of this year despite lower domestic sovereign issuance in the first half (1H), according to Moody’s Ratings.
1y ago
JAKARTA, Oct 4 (Bernama) -- Malaysia and Indonesia are acknowledged as pioneers in developing Islamic public finance instruments within their fiscal policies, according to Indonesia’s Ministry of Finance (MoF).
1y ago
From Mohd Haikal Mohd Isa
ISLAMABAD, Oct 3 (Bernama) -- Malaysian Prime Minister Datuk Seri Anwar Ibrahim has reiterated the importance of countries maintaining strong economic fundamentals to withstand the "slings and arrows" of global uncertainties and challenges.