27d ago
LABUAN, Nov 28 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) is positioning itself as a regional hub for environmental, social, and governance (ESG)-aligned, Shariah-compliant and digitally driven financial solutions in full support of Malaysia’s sustainability agenda.
28d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia recorded a 48 per cent growth in Islamic banking market share between 2000 and 2024, placing the country second only to Saudi Arabia globally, according to a report by Standard Chartered (StanChart).
29d ago
KUALA LUMPUR, Nov 25 (Bernama) — The United Arab Emirates (UAE), particularly Dubai, sees financial technology (fintech) and Islamic finance as emerging priority sectors and is encouraging Malaysian companies to tap into these opportunities.
1m ago
LABUAN, Nov 22 (Bernama) -- The Maldives International Financial Services Authority (MIFSA) has appointed Datuk Iskandar Mohd Nuli as its new chief executive officer, marking an important step in the Maldives’ efforts to develop a competitive international financial centre.
1m ago
KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia aspires to be the global benchmark for regulation, innovation and Islamic environmental, social and governance (ESG) as well as a centre of excellence for Islamic fintech (financial technology) and climate-oriented sukuk by 2040, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
1m ago
KUALA LUMPUR, Nov 18 (Bernama) -- The African continent’s rapid economic growth presents export opportunities for Malaysia to reduce reliance on traditional partners and possibly hedge itself against geopolitical uncertainties, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.
1m ago
KUCHING, Nov 17 (Bernama) -- The launch of the Islamic Banking Window by the Development Bank of Sarawak (DBOS) not only strengthens its financial offerings but also reinforces Sarawak’s commitment to inclusive, value-based development.
1m ago
From Mohd Hisham Abdul Rafar
SHANGHAI, Nov 6 (Bernama) -- Malaysia is setting a higher sales target of RM3 billion for the Malaysia International Halal Showcase (MIHAS)@Shanghai, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
1m ago
KUALA LUMPUR, Nov 4 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) outstanding short-term Sukuk portfolio has reached a new record level of US$6.2 billion (US$1=RM4.20).
1m ago
KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) plans to issue a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year, outlining shariah and regulatory requirements to unlock the full potential of the industry in fostering financial resilience and inclusion.
2m ago
KUALA LUMPUR, Oct 21 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) announced that its outstanding short-term Sukuk portfolio has reached a record high of US$6.05 billion (US$1=RM4.2).
2m ago
KUALA LUMPUR, Oct 16 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd and the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS) have formalised a strategic partnership to strengthen collaboration in advancing the Islamic finance landscape.