Bank Negara Malaysia seen maintaining OPR — DBS
KUALA LUMPUR (Nov 6): Bank Negara Malaysia is expected to maintain the overnight policy rate (OPR) at 3% this Thursday (Nov 9) on "robust economic growth and well-behaved inflation", according…
Malaysia’s SC to liberalise bond market, says reviewing cryptocurrency rules
KUALA LUMPUR : The Securities Commission Malaysia (SC) will liberalise the nation's corporate bond and sukuk market by the first quarter of next year to enable greater retail access into…
SC expects to launch cryptocurrency framework in next few months
KUALA LUMPUR (Nov 6): Securities Commission Malaysia (SC) said it is working closely with Bank Negara Malaysia (BNM) in coming out with a framework on cryptocurrency, and expects to launch…
IFRS or AAOIFI? We’ll stick with the former, say Malaysian accounting experts
IFRS or AAOIFI? On January 1, 2016, private companies in Malaysia officially adopted the International Financial Reporting Standards (IFRS) to streamline cross-border financial reporting. For the Islamic finance industry, Malaysia’s…
Developing future leaders of Islamic finance for the world
Kuala Lumpur, 4 November 2017 – At the 9th convocation of INCEIF, a record number of 253 students graduated, representing the university’s largest since the university welcomed its first batch of 32 graduates…
MARC AFFIRMS BANK MUAMALAT’S FINANCIAL INSTITUTION RATINGS AT A/MARC-1
MARC has affirmed its financial institution (FI) ratings of A/MARC-1 on Bank Muamalat Malaysia Berhad (Bank Muamalat) and concurrently affirmed its AIS rating on the bank’s Islamic Senior Notes Programme (Senior Sukuk) of up…
AL MOUJ MUSCAT, ALIZZ ISLAMIC SIGN HOME FINANCING DEAL
Al Mouj Muscat, Oman’s lifestyle destination, has signed an agreement with Alizz Islamic Bank to provide home financing solutions for potential home-owners. Under the agreement, aspiring homeowners will have access…
Insurance, Takaful Products Not Attractive To Large Segments Of Population — BNM Governor
KUALA LUMPUR -- Insurance and takaful products are still not attractive to large segments of the population of Malaysia as many of them are too complex and unaffordable, said Bank Negara Malaysia's …
AmMetLife Takaful Launches Protectsecure-i Murni Family Plan For Muslims
KUALA LUMPUR, Nov 2 (Bernama) -- AmMetLife Takaful Bhd has launched ProtectSecure i Murni, a Shariah-compliant regular contribution family takaful plan designed to cater specifically for Muslim needs and exclusively distributed by AmBank Islamic…
Morocco to issue sukuk by the end of year if higher council of Ulamas gives go-ahead
After two delays, Morocco may finally make its debut in the Islamic capital market with an issuance before the end of the year, subjected to its Sukuk structure being approved…