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BNM: Islamic financial sector must continue to advance amid global challenges
Nor Shamsiah said VBI has become more entrenched in the corporate value intent and business strategies of Islamic financial institutions.
Wed Oct 05 2022
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PM recommends establishment of Syariah Compliant Commission
Ismail Sabri said currently, the existing regulatory proposal is more limited to the Islamic financial sector through Bank Negara.
Mon May 30 2022
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Halal businesses urged to seize opportunities to rebound as economy recovers
The halal industry would stand to benefit as Islamic financial institutions had developed into mature institutions.
Thu Sep 09 2021
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BNM receives 29 applications for digital banking licenses
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.
Fri Jul 02 2021
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Islamic Finance supports UN's SDG initiatives - World Bank
Raad said Islamic financial instruments can be used to mobilise resources for financing the recovery and rebooting of economies.
Tue Mar 09 2021
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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
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Maybank Islamic named Best Global Islamic Financial Institution 2017
It was also recognised as the Best Global Sukuk Bank and Best Global Provider of Shariah-Compliant Short-Term Investments.
Tue Oct 17 2017
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Malaysia-Bahrain should lead world's first Islamic Fintech
Malaysia and Bahrain, two leading Islamic financial hubs in the world, should take the lead in exploring the potential of Fintect.
Mon Dec 12 2016
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Bank Islam sees good response to Islamic banking and finance
Acceptance of the Islamic system will continue to grow due to customers' return considerations on Islamic financial products.
Sat Nov 05 2016
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Govt to review need to have law to curb abuse of 'shariah-compliant' term
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.
Thu Nov 12 2015
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Bank Negara authorised under Financial Services Act to take action
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.
Tue Oct 20 2015
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GIFA awarded Agrobank for upholding shariah principles
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.
Wed Sep 30 2015
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Maybank Islamic expects customers to switch to Mudarabah Investment Account
Maybank Islamic Bhd expects the bulk of its Mudarabah deposit account holders to reclassify their accounts to Mudarabah Investment Account.
Wed Apr 22 2015
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Vantage Point: Malaysia as an International Islamic financial centre
Rizal Zulkapli talks to Ashar Nazim, Partner, Islamic Banking Excellence Center, Ernst & Young Middle East and South Africa.
Mon Aug 19 2013
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10th IFSB Summit discusses global financial crisis
The 10th IFSB Summit was held on 16 and 17 May in Kuala Lumpur and hosted by Bank Negara Malaysia.
Sat May 18 2013
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Lebanese search for dead in devastated villages as Israel withdraws
Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.
Thu Feb 20 2025
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China promises Latin America 'trustworthy' ties as Trump lays out demands
Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
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Major risks loom as Trump upends US Russia policy
Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
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Pope Francis has double pneumonia, complicating his treatment, Vatican says
Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
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Philippines' VP Duterte challenges impeachment before Supreme Court
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.
Wed Feb 19 2025
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Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch
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.
Wed Feb 19 2025
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UAE tells US' Rubio it rejects displacement of Palestinians
The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
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Taylor Swift wins recording artist of the year crown for fifth time
The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
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More than $50 billion needed to rebuild Gaza, World Bank joint assessment says
Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
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Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew
Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025