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.
KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia has to move fast to translate innovation into enterprise adoption, productivity gains and national competitiveness due to a growing pool of technology startups and rising digital readiness.
KUALA LUMPUR, Jan 13 (Bernama) -- The investment required for the Organisation of Islamic Cooperation (OIC) countries to pursue low-carbon strategies averages 1.4 per cent of gross domestic product (GDP) and rises to over 5.0 per cent for low-income members, Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani Mohamad Zahid said today.
KUALA LUMPUR, Oct 28 (Bernama) -- Export Finance Australia (EFA) and Export-Import Bank of Malaysia Bhd (EXIM Bank Malaysia) have signed a memorandum of understanding (MoU) to deepen cooperation and unlock new opportunities for investment across Southeast Asia.
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia’s ASEAN chairmanship in 2025 is pivotal in strengthening supply-chain resilience and accelerating green-industry investment with Japan, according to MUFG Bank (Malaysia) Bhd.
KUALA LUMPUR, Sept 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has stressed that Islamic finance must continue to play a central role in advancing the Sustainable Development Goals (SDGs) while nurturing the next generation of ethical leaders.
KUALA LUMPUR, Aug 1 (Bernama) -- Capsphere, Malaysia’s first asset-based peer-to-peer (P2P) financing platform, has entered into a strategic collaboration with CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to introduce new financing products for small and medium enterprises (SMEs).
KUALA LUMPUR, July 21 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF) total co-investments have reached RM1.19 billion as of end-2024 since its inception, with RM264 million invested in 2024 alone.
KUALA LUMPUR, June 4 (Bernama) -- The Malaysian Industrial Development Finance Bhd (MIDF) is leveraging Islamic finance to accelerate the country’s industrial transformation, particularly in high-growth sectors such as advanced manufacturing, green technology, the digital economy, and halal industries.
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.
