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There are 13 news based on search keyword " islamic financial service"

Labuan FSA Issus Maqasid Al-shariah Guidance Note For Labuan IBFC

LABUAN, Dec 10 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) has issued a Guidance Note on Maqasid al-Shariah for the Labuan International Business and Financial Centre (Labuan IBFC).

World Halal Excellence Awards 2024 Boosts Malaysia Competitiveness In US$5 Trillion Halal Market

KOTA TINGGI, Dec 8 (Bernama) -- Malaysia’s leadership in the global halal ecosystem continues to be strengthened through the World Halal Excellence Awards 2024 (WHEA 2024), further boosting the country’s competitiveness in the rapidly expanding global halal market projected to reach US$5 trillion (US$1 = RM4.10) by 2030.

MIHAS@Shanghai Records RM1.24 Bln In Sales Value From Nov 5-7 -- Ahmad Zahid

From Mohd Hisham Abdul Rafar

SHANGHAI, Nov 7 (Bernama) -- The Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai), held in conjunction with the eighth China International Import Expo (CIIE), has recorded a total sales of RM1.24 billion since Nov 5. 

IILM’s Short-term Sukuk Portfolio Hits Record US$6.05 Billion

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).

Labuan IBFC, ASAS Ink Strategic Alliance To Advance Islamic Finance

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.

Labuan FSA Grants Conditional Approvals To Two Islamic Digital Banks Under Regulatory Sandbox

LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).

Malaysia Ready To Lead The Integrated Halal-Islamic Finance Economy - Ahmad Zahid

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia is ready to take the lead in building an integrated halal–Islamic finance economy that will deliver inclusive growth and prosperity, not only for Muslims, but also for the global community, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said.

BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

Bank Muamalat's New Branch In Melaka Underscores Commitment To Expanding Islamic Banking

MELAKA, June 9 (Bernama) -- The opening of Bank Muamalat Malaysia Bhd’s new branch in Melaka, launched today, strengthens the bank’s commitment to expanding its Islamic banking network and services in the state.

BNM Imposes Penalties On Four Financial Institutions For Regulatory Breaches

KUALA LUMPUR, May 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for various breaches of financial regulations.

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.

BNM Issues Revised Policy Document On e-Money

KUALA LUMPUR, Jan 31 (Bernama) -- Bank Negara Malaysia (BNM) has issued a revised policy document on electronic money (e-money) and a revised set of Frequently Asked Questions (FAQ),  which comes into effect today.