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Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

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.
Sun Oct 20 2024
Man Utd takeover bid confirmed by Qatari banker Al Thani

Man Utd takeover bid confirmed by Qatari banker Al Thani

Sheikh Jassim bin Hamad bin Al Thani, chairman of the Qatar Islamic Bank, has confirmed the submission of a bid for a complete takeover of Manchester United.
Sat Feb 18 2023
RM1 mln deposited into Shahrir's joint account with wife - Bank manager

RM1 mln deposited into Shahrir's joint account with wife - Bank manager

The High Court was told that there was a deposit of RM1 million made into a Public Islamic Bank joint account in the name of Shahrir Ab Samad and his wife, Shahrizan Abdullah.
Tue Oct 04 2022
Nine individuals, three companies sue CIMB Bank for frozen accounts

Nine individuals, three companies sue CIMB Bank for frozen accounts

Nine individuals and three companies are suing CIMB Bank and CIMB Islamic Bank after their current and saving bank accounts were frozen last January.
Tue Mar 01 2022
Banks to offer six-month moratorium from July 7, say ABM, AIBIM

Banks to offer six-month moratorium from July 7, say ABM, AIBIM

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.
Tue Jun 29 2021
Alliance Islamic Bank to provide RM100 mln financing to halal SMEs

Alliance Islamic Bank to provide RM100 mln financing to halal SMEs

Alliance Islamic Bank Bhd aims to provide RM100 million worth of financing to small and medium enterprises (SMEs) in the halal industry.
Thu Apr 08 2021
98 pct approval rate for borrowers seeking targeted repayment assistance

98 pct approval rate for borrowers seeking targeted repayment assistance

Banks remain committed to support affected borrowers/customers as the targeted moratorium phase begins today.
Thu Oct 01 2020
Malaysia's Maybank second-quarter profit drops 52 per cent

Malaysia's Maybank second-quarter profit drops 52 per cent

Maybank's net profit for the April-June period was RM942 million ($225.95 million) compared with RM1.9 billion a year ago.
Thu Aug 27 2020
Malaysia holds special importance for the leadership of Kazakhstan

Malaysia holds special importance for the leadership of Kazakhstan

Kazakhstan and Malaysia cooperate in priority sectors such as Islamic banking, the halal industry, oil and gas, infrastructure, green technologies and many more.
Tue Jun 16 2020
'Hibah' best tool to resolve Muslim inheritance issues - Experts

'Hibah' best tool to resolve Muslim inheritance issues - Experts

Many Malays are still not aware of the importance of naming the heirs to their estate beforehand.
Tue Jun 09 2020
Decision on haj to be announced after raya

Decision on haj to be announced after raya

Malaysia was still waiting for the official announcement from Saudi Arabia before making a decision on the matter.
Thu May 21 2020
Hong Leong Bank Bhd eyes 5pc loan growth for FY19

Hong Leong Bank Bhd eyes 5pc loan growth for FY19

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.
Tue Feb 26 2019
Affin Islamic CEO Eyes Education, SME Financing for 2019 Growth

Affin Islamic CEO Eyes Education, SME Financing for 2019 Growth

As the local banking industry outlook remains mixed next year, Affin Islamic Bank CEO Nazlee Khalifah is looking out for pockets of opportunities in SME and education financing to support growth.
Fri Dec 28 2018
CIMB's Rafe Haneef: Steering the Once Fastest Growing Islamic Bank, Away From the Dreaded 'Plateau'

CIMB's Rafe Haneef: Steering the Once Fastest Growing Islamic Bank, Away From the Dreaded 'Plateau'

Cooling growth and stabilising earnings in Islamic banking points to a plateauing of prospects after a heady performance in the roaring noughties.
Mon Mar 19 2018
CIMB expects sovereigns to issue green Islamic bonds in 2018

CIMB expects sovereigns to issue green Islamic bonds in 2018

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.
Tue Feb 06 2018
The scamdemic targeting the young and vulnerable

The scamdemic targeting the young and vulnerable

Teenagers and young adults are becoming prime targets for a new wave of cyber scams, a trend raising alarm bells across Southeast Asia.
Sat Nov 23 2024
Japanese manicurist takes on plastic pollution, one nail at a time

Japanese manicurist takes on plastic pollution, one nail at a time

Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
Sat Nov 23 2024
What to watch for ahead of US presidential inauguration

What to watch for ahead of US presidential inauguration

Here's a timeline of events between now and inauguration day.
Sat Nov 23 2024
The battle to reduce road deaths

The battle to reduce road deaths

In Malaysia, over half a million road accidents have been recorded so far this year.
Sat Nov 23 2024
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024