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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
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
Long-term potential for Islamic finance remains promising post COVID-19 globally - Wahid

Long-term potential for Islamic finance remains promising post COVID-19 globally - Wahid

As at October 2020, he said 718 out of 937 listed companies or 77 per cent were Shariah-compliant, making up about 72 per cent of total market capitalisation.
Tue Dec 01 2020
Here's a Chance to Get Into Google or Buy a Bit of Facebook

Here's a Chance to Get Into Google or Buy a Bit of Facebook

Malaysian investors now have the opportunity to diversify their investments by taking up the US-denominated ETF called MyETF-US50.
Wed Apr 11 2018
Affin Hwang AM launches first shariah-compliant commodity ETF

Affin Hwang AM launches first shariah-compliant commodity ETF

Affin Hwang Asset Management Berhad launches the first exchange traded fund (ETF) the TradePlus Shariah Gold Tracker (GOLDETF) in the country.
Wed Dec 06 2017
Foreign funds return to Bursa Malaysia, but marginal

Foreign funds return to Bursa Malaysia, but marginal

Based on data provided by the local bourse, international investors bought RM88.6mil net of Malaysian equities last week, excluding off market trades.
Mon Nov 27 2017
Maybank Islamic named Best Global Islamic Financial Institution 2017

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
EPF sees more members migrating to Simpanan Shariah in 2018

EPF sees more members migrating to Simpanan Shariah in 2018

The Employees Provident Fund (EPF) expects to see more members migrating to the shariah-compliant retirement scheme from 2018 onwards.
Thu Apr 20 2017
Moody's: Shariah-compliant investment accounts at Malaysian banks to continue growing

Moody's: Shariah-compliant investment accounts at Malaysian banks to continue growing

Malaysian banks have strong incentives to promote the growth of such investment accounts.
Mon Apr 10 2017
Simpanan Shariah: EPF to allocate up to RM30b annually

Simpanan Shariah: EPF to allocate up to RM30b annually

EPF CEO Datuk Shahril Ridza Ridzuan said the retirement fund had started the registration process for its members to convert their conventional savings to shariah-compliant savings.
Mon Aug 08 2016
Islamic wealth management a new growth area for Malaysia - PM Najib

Islamic wealth management a new growth area for Malaysia - PM Najib

Malaysias RM1.7 trillion Islamic capital market has more than tripled in size over the last 10 years, and is strengthening its status as the premier destination for Shariah-compliant businesses.
Tue Aug 02 2016
Registration for EPF's Simpanan Shariah option opens on Aug 8

Registration for EPF's Simpanan Shariah option opens on Aug 8

Simpanan Shariah is a new savings option for members who wish to convert their current conventional accounts to one that is shariah-compliant.
Mon Jun 20 2016
'Thumbs-up for Rayani Air' - Passengers

'Thumbs-up for Rayani Air' - Passengers

Several satisfied passengers say the company deserves to be accredited as the best domestic airline.
Mon Jan 18 2016
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024
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