2d ago
KUALA LUMPUR, June 18 (Bernama) -- Aizo Group Bhd’s subsidiary, Wawasan Demi Sdn Bhd, has secured Islamic financing facilities of up to RM346.19 million from Bank Pembangunan Malaysia Bhd (BPMB).
1m ago
KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.
1m ago
KUALA LUMPUR, April 28 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded total industry assets of US$94 billion (US$1=RM3.95) in 2025, up 13 per cent from the previous year, reflecting continued resilience and growth momentum across key sectors.
2m ago
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is focusing on strengthening value-based intermediation (VBI) capabilities including in sustainability and climate agenda in Islamic financial system this year.
2m ago
By Karina Imran
KUALA LUMPUR, March 23 (Bernama) -- Intense demand coupled with the wider acceptance of shariah-compliant financial products will continue expanding Islamic banking in Malaysia despite stiff competition from the conventional sector, an economist said today.
3m ago
KUALA LUMPUR, March 19 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has established Malaysia’s first sustainable Islamic finance framework that incorporates blue finance elements, with Maybank Investment Bank Bhd (Maybank IB) serving as the sole sustainability structuring adviser.
5m ago
KUALA LUMPUR, Jan 13 (Bernama) -- Islamic finance has demonstrated its potential to provide innovative solutions in addressing challenges related to inclusion and climate change, said the World Bank today,
6m ago
KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.
6m ago
KUALA LUMPUR, Nov 28 (Bernama) -- Alliance Bank Malaysia Bhd will provide flood relief assistance, including a loan moratorium of up to six months, modified repayment options, and fee and charge waivers for customers and businesses affected by the current floods.
7m ago
KUALA LUMPUR, Nov 5 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has extended a US$70 million (US$1=RM4.19) Islamic Overseas Investment Financing facility to Berjaya Land Bhd’s wholly owned subsidiary, Berjaya Okinawa Investment (S) Pte Ltd.
8m ago
SUBANG, Oct 3 (Bernama) -- The Weststar Group and MBSB Bank Bhd (MBSB) have formalised a strategic collaboration through a RM1.3 billion Islamic financing facility, which will drive Weststar’s aviation expansion.
8m ago
KUALA LUMPUR, Oct 1 (Bernama) -- RHB Bank Bhd has proposed a multi-currency Commercial Papers Programme (CP Programme) and a multi-currency Islamic Commercial Papers Programme (Sukuk Murabahah Programme) with a combined limit of up to RM5 billion.