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.

Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.

Beijing looks to improve its foothold in a region historically under the US sphere of influence.

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.