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Shariah-compliant indices outperform non-shariah benchmarks on Bursa Malaysia

Shariah-compliant indices outperform non-shariah benchmarks on Bursa Malaysia

The FTSE4Good Bursa Malaysia Shariah Index and the FTSE Bursa Malaysia EMAS Shariah Index marginally outperformed non-Shariah counterparts.
Thu Aug 15 2024
Conversion case: Shariah courts not inferior to civil ones, says apex court judge

Conversion case: Shariah courts not inferior to civil ones, says apex court judge

The judge said Syariah Court has the jurisdiction to determine the woman's case as it is clearly an apostasy or renunciation case.
Wed May 15 2024
Unity Govt has nothing to do with Federal Court ruling on Kelantan Shariah code - PM

Unity Govt has nothing to do with Federal Court ruling on Kelantan Shariah code - PM

Datuk Seri Anwar Ibrahim said the decision was made by the Federal Court by the power vested in them under the Federal Constitution.
Fri Feb 09 2024
Govt to set up special committee to empower Shariah court - PM

Govt to set up special committee to empower Shariah court - PM

Conference of Rulers gave consent to study ways to enhance powers of Syariah Court over Muslims and ensuring it does not affect non-Muslims.
Tue Nov 21 2023
EPF records total investment income of RM33.19 bln in 1H 2023

EPF records total investment income of RM33.19 bln in 1H 2023

The amount was after netting off listed equity write-downs recorded for the period under review, said the EPF in a statement today.
Tue Aug 15 2023
ZaynFi sets Shariah DeFi standards with Amanie's Certification

ZaynFi sets Shariah DeFi standards with Amanie's Certification

ZaynFi is a Decentralized Finance (DeFi) protocol focused on simplifying yield-generation within DeFi has received Shariah approval from Amanie Advisors.
Thu May 25 2023
Wahed Technologies renews pledge on ESG, moves Malaysia HQ to Bluedome Mines

Wahed Technologies renews pledge on ESG, moves Malaysia HQ to Bluedome Mines

Concurrently, Wahed is also announcing that it is launching its Malaysian Headquarters at Bluedome Mines
Mon Apr 10 2023
Transparent judgment reflects credible justice system - Sultan Nazrin

Transparent judgment reflects credible justice system - Sultan Nazrin

Sultan Nazrin said there should not be any doubt and a judge must be free from any influence or pressure.
Mon Aug 29 2022
[PODCAST] Daily Dose @ 5: Shariah Court jails Maria Chin for contempt of court, Beijing races to curb COVID outbreak

[PODCAST] Daily Dose @ 5: Shariah Court jails Maria Chin for contempt of court, Beijing races to curb COVID outbreak

Catch up on the top stories of the day, in just 3-minutes!
Mon Apr 25 2022
EPF declares dividend of 6.1 pct for conventional savings, 5.65 pct for shariah for 2021

EPF declares dividend of 6.1 pct for conventional savings, 5.65 pct for shariah for 2021

EPF declared a dividend rate of 6.10 pct for conventional savings for 2021 with a total payout of RM50.45 billion.
Wed Mar 02 2022
Sedania As Salam, FCA Capital team up to leverage Islamic fintech

Sedania As Salam, FCA Capital team up to leverage Islamic fintech

Sedania As Salam has entered into a MoU with FCA Capital Sdn Bhd to leverage the rising demand for Shariah-compliant financial services in the Islamic fintech ecosystem.
Thu Oct 14 2021
Touch 'n Go's Go eWallet is now Shariah-compliant

Touch 'n Go's Go eWallet is now Shariah-compliant

Through this Shariah-compliant fund customers will still gain access to low-risk money market investments for as low as RM10.
Wed Aug 18 2021
Malaysia continues to lead global Islamic economy indicator for seventh year

Malaysia continues to lead global Islamic economy indicator for seventh year

According to Mahmud, Malaysia has 6,727 companies with halal certification, of which 1,507 are exporters and over 1,300 are SMEs.
Thu Aug 05 2021
Sudan - How economic problems forced it to recognise Israel

Sudan - How economic problems forced it to recognise Israel

In October 2020, the Sudanese government went completely against all of the said principles when it agreed to normalise relations with Israel.
Tue Mar 16 2021
IFIs, shariah scholars play important roles in COVID-19 recovery - Zulkifli

IFIs, shariah scholars play important roles in COVID-19 recovery - Zulkifli

Islamic finance players need to ensure that the financial services they offer add value and have a positive impact on the economy.
Thu Mar 11 2021
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024