Islamic Banks Offer Financial Aid To Putra Heights Gas Pipeline Fire Victims
KUALA LUMPUR, April 2 (Bernama) -- Islamic banks in Malaysia are extending financial assistance to victims of the Putra Heights gas pipeline fire in Selangor.
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KUALA LUMPUR, April 2 (Bernama) -- Islamic banks in Malaysia are extending financial assistance to victims of the Putra Heights gas pipeline fire in Selangor.
KUALA LUMPUR, March 26 (Bernama) -- Malayan Banking Bhd (Maybank) will tap fully growth opportunities that arise as Malaysia assumes the ASEAN chairmanship this year, especially in areas of sustainability, transition finance, and micro, small, and medium-sized enterprises (MSMEs).
KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
KUALA LUMPUR, March 25 (Bernama) — The International Islamic Liquidity Management Corporation (IILM) has secured a new high-quality asset worth US$500 million (US$1=RM4.435) as it expands its asset pool to meet the growing demand for its short-term Islamic papers.
KUALA LUMPUR, March 25 (Bernama) -- The Securities Commission Malaysia (SC) is collaborating with the Oxford Centre for Islamic Studies (OCIS) to launch the Sultan Nazrin Shah Fellowship, which is aimed at driving thought leadership and innovation in Islamic finance.
KUALA LUMPUR, March 24 (Bernama) – Malaysia saw a significant rise in sustainable and responsible investment (SRI) sukuk issuances last year, reaching RM11.9 billion — an almost ninefold increase since its introduction in 2017— thanks to a supportive regulatory framework.
KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.
KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.
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.
KUALA LUMPUR, Feb 28 (Bernama) – Malaysia's first Islamic digital bank AEON Bank won the "Best Islamic Digital Bank (Global)" and "Best Islamic Digital Offering by a Bank (Malaysia)" at the recent Islamic Finance News (IFN) Awards via an IFN best bank poll.
BUKIT MERTAJAM, Feb 18 (Bernama) -- Entrepreneurs of micro, small, and medium enterprises (MSMEs) in the northern region are encouraged to explore new funding opportunities through the Malaysia Co-Investment Fund (MyCIF).
KUALA LUMPUR, Feb 18 (Bernama) – Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023.