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Islamic Banking and Takaful

RAM Ratings: Strong growth in 2022 should provide foundation for 2023's headwinds

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RAM Ratings: Strong growth in 2022 should provide foundation for 2023's headwinds

Malaysia's stellar growth in 2022 should provide a strong foundation of growth in a challenging 2023, albeit a slower one, according to a local research outfit.

24 Nov 2022

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Stronger loan appetite to spur Syarikat Takaful sales

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Stronger loan appetite to spur Syarikat Takaful sales

The pick-up in economic activities is good for Syarikat Takaful Malaysia Bhd (STMB) as the stronger loan appetite is likely to spur sales of its credit-related products.

04 Nov 2022

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Maybank Islamic wins Islamic Bank of the Year in Asia-Pacific

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Maybank Islamic wins Islamic Bank of the Year in Asia-Pacific

Maybank Islamic Bhd has clinched the Islamic Bank of the Year in Asia-Pacific and Malaysia award at the Asset Triple A Islamic Finance Awards 2022 for the ninth consecutive year.

02 Nov 2022

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Ex-Khazanah chief Azman Mokhtar on power of Islamic finance in addressing issues faced by society

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Ex-Khazanah chief Azman Mokhtar on power of Islamic finance in addressing issues faced by society

The Islamic financial sector plays a role in demonstrating the power of Islamic finance in addressing issues faced by society today. 

02 Nov 2022

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Cagamas pushes for affordable green homes

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Cagamas pushes for affordable green homes

In response to climate change and the call for a more sustainable world, national mortgage corporation Cagamas Bhd is urging property developers to build more green or energy-efficient homes for the market, particularly for the affordable segment.

27 Oct 2022

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Fintech growth encourages zakat, voluntary giving

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Fintech growth encourages zakat, voluntary giving

EIGHTY-FOUR percent of Islamic finance professionals believe that the annual financial value of zakat — as well as voluntary giving such as donations and endowments — will increase by 33% over the next five years, IslamicMarkets.com’s research found. 

20 Oct 2022

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Malaysia should continue to focus on Islamic finance arbitration -- Sultan Nazrin

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Malaysia should continue to focus on Islamic finance arbitration -- Sultan Nazrin

As a leading Islamic finance centre, Malaysia should continue to focus on the area of dispute resolution within the general framework of Islam, said the Sultan of Perak, Sultan Nazrin Shah. 

07 Oct 2022

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Alliance Islamic launched Malaysia's first book on zakat microfinancing

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Alliance Islamic launched Malaysia's first book on zakat microfinancing

Alliance Islamic Bank Bhd launched Malaysia's first book on zakat microfinancing, titled 'Zakat and Microfinance', which pioneers the productive distribution of zakat funds as microfinancing to empower the underprivileged or asnaf micro-entrepreneurs.

27 Sep 2022

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CIMB commits RM30bil SME financing

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CIMB commits RM30bil SME financing

CIMB Bank Bhd and CIMB Islamic Bank Bhd have continued its commitment to support and spur the recovery of the small and medium enterprise (SME) businesses through RM30bil in financing by 2024.

27 Sep 2022

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