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.

The study, will likely set course for lawmakers and tech platforms around the world as they navigate a push to age-restrict social media.

Hezbollah continues to claim that it defeated the Israeli military in Lebanon and says its forces will ensure IDF adheres to the ceasefire.

Prostate cancer is experienced by one in 120 men in Malaysia, especially those above the age of 50.

Astro AWANI excels after winning five awards at the Malaysia Public Relations Awards 2024 in Kuala Lumpur

The flood situation across the country continues to worsen, with the number of victims in nine states reaching 120,272 people

Hundreds show up for the opening of the US coffeehouse chain's newest store in an observatory near the city of Gimpo.

A trial of methods to enforce it will start in January with the ban to take effect by Nov. 2025.

Angela Merkel wrote in her new memoir "Freedom" that, Vladimir Putin sometimes brought the pet to meetings with foreign guests.

The prosecution witnesses say they did not report the incident to the hostel warden for fear of being beaten like the victim.

State police chief Datuk Mohd Yusoff Mamat urges the public to remain vigilant about the rising level of the river.