Article Related To Islamic Banking

His dedication and pioneering spirit played an important role in shaping the journey of Bank Islam as well as leaving a lasting impact on the development of Malaysia's Islamic finance industry.

The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) member banks will be offering a six-month moratorium from July 7.

Banks remain committed to support affected borrowers/customers as the targeted moratorium phase begins today.

Maybank's net profit for the April-June period was RM942 million ($225.95 million) compared with RM1.9 billion a year ago.

Kazakhstan and Malaysia cooperate in priority sectors such as Islamic banking, the halal industry, oil and gas, infrastructure, green technologies and many more.

Many Malays are still not aware of the importance of naming the heirs to their estate beforehand.

Mostly driven by the retail and business banking segments, Hong Leong Bank Bhd foresees to achieve loan growth of more than 5 per cent for financial year ending June 30, 2019.

Cooling growth and stabilising earnings in Islamic banking points to a plateauing of prospects after a heady performance in the roaring noughties.

More than one sovereign could tap the Islamic bond market to raise funds for climate-friendly investments, Rafe Haneef, Chief Executive of CIMB's Islamic banking arm told Reuters in an interview.

In a filing to Bursa Malaysia today, PNHB said, the facilities would enable DSSB to refinance its existing outstanding banking facilities.

The merger of Islamic banking units in Malaysia is crucial as the market is becoming overcrowded with the players hungry for growth, outgoing BIMB Holdings Bhd Group CEO Datuk Seri Zukri Samat said.

Potential M&A candidates include the Malaysia Building Society Bhd (MBSB), and Bank Muamalat Malaysia Bhd (Muamalat), it said in a statement today.

Using PIN is a more secure, convenient and faster way to pay compared with using signature and card payments without PIN.

The Melaka state government intends to develop the state as a hub for international Islamic banking in five to 10 years' time, said Chief Minister Datuk Seri Idris Haron.

Islamic banking assets now stand at 27 per cent of Malaysia's total banking system, while Takaful penetration amounts to 14.8 per cent of the population, said Datuk Seri Ahmad Zahid Hamidi.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.