Article Related To Islamic Financial

Nor Shamsiah said VBI has become more entrenched in the corporate value intent and business strategies of Islamic financial institutions.

Ismail Sabri said currently, the existing regulatory proposal is more limited to the Islamic financial sector through Bank Negara.

The halal industry would stand to benefit as Islamic financial institutions had developed into mature institutions.

Bank Negara Malaysia (BNM) has received a total of 29 applications for digital bank licenses under the Financial Services Act 2013 and the Islamic Financial Services Act 2013.

Raad said Islamic financial instruments can be used to mobilise resources for financing the recovery and rebooting of economies.

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.

It was also recognised as the Best Global Sukuk Bank and Best Global Provider of Shariah-Compliant Short-Term Investments.

Malaysia and Bahrain, two leading Islamic financial hubs in the world, should take the lead in exploring the potential of Fintect.

Acceptance of the Islamic system will continue to grow due to customers' return considerations on Islamic financial products.

Currently, Malaysia only have the Islamic Financial Services Act 2013 and the Securities Commission of Malaysia Act 1993 for shariah issues relating to banking and capital markets.

Bank Negara Malaysia would take enforcement actions on parties found to have transgressed or have not complied with rules and regulations issued under the Financial Services Act.

GIFA awarded agriculture-centred Agrobank for upholding shariah-compliant banking and elevating Malaysia in its efforts to be established as a global Islamic financial hub.

Maybank Islamic Bhd expects the bulk of its Mudarabah deposit account holders to reclassify their accounts to Mudarabah Investment Account.

Rizal Zulkapli talks to Ashar Nazim, Partner, Islamic Banking Excellence Center, Ernst & Young Middle East and South Africa.

The 10th IFSB Summit was held on 16 and 17 May in Kuala Lumpur and hosted by Bank Negara Malaysia.

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.