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Islamic Banking and Takaful

Takaful Ikhlas inks MoU to improve wakaf management

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Takaful Ikhlas inks MoU to improve wakaf management

Takaful Ikhlas Family Bhd and Majlis Agama Islam dan Adat Melayu Perak (MAIPk) have inked a memorandum of understanding (MoU) to collaborate in managing and developing wakaf programmes.

05 Jul 2022

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IBFIM partners with FPSB Indonesia and FPAM to promote Islamic finance talent development globally

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IBFIM partners with FPSB Indonesia and FPAM to promote Islamic finance talent development globally

In line with the aspiration of the Financial Sector Blueprint 2022-2026 to facilitate greater visibility of professional services and talent development, the Islamic Banking & Finance Institute Malaysia (IBFIM) has collaborated with the Financial Planning Standards Board (FBSB) Indonesia and the Financial Planning Association of Malaysia (FPAM) through one of IBFIM’s flagship certifications, the Islamic Financial Planner (IFP) Executive Programme.

04 Jul 2022

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Policy Document on Bancassurance/Bancatakaful

press release

Policy Document on Bancassurance/Bancatakaful

Bank Negara Malaysia has issued a policy document on Bancassurance / Bancatakaful.

30 Jun 2022

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How are OIC markets, Islamic finance responding to growing youth demographic?

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How are OIC markets, Islamic finance responding to growing youth demographic?

Younger consumers are driving changes in global markets with their distinct preferences and habits.

16 Jun 2022

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The ESG potential of Islamic finance

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The ESG potential of Islamic finance

It is fair to say that the internationally agreed shift towards environmental, social, and governance (ESG) issues is showing signs of strain resulting from an uneven global approach, the war in Ukraine, and increasing economic challenges.

16 Jun 2022

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Bank Islam, Visa launch limited-edition FIFA-themed Credit Card-i

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Bank Islam, Visa launch limited-edition FIFA-themed Credit Card-i

Bank Islam Malaysia Bhd in partnership with Visa, has launched the Visa FIFA-themed 2022 Credit Card-i to celebrate one of the world’s biggest sporting event.

16 Jun 2022

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CIMB commits RM100mil in financing to drive adoption of sustainable practices

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CIMB commits RM100mil in financing to drive adoption of sustainable practices

CIMB Group has committed RM100 million in financing through the Low Carbon Transition Facility (LCTF) to encourage and empower businesses to adopt low carbon and sustainable practices for business resilience.

08 Jun 2022

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Takaful Malaysia aims to maintain market leadership on product offerings

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Takaful Malaysia aims to maintain market leadership on product offerings

Syarikat Takaful Malaysia Keluarga Bhd plans to continue its market leadership in bancatakaful, treasury, employee benefits, and general takaful.

03 Jun 2022

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Pakistan pushes ahead with full implementation of Islamic finance

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Pakistan pushes ahead with full implementation of Islamic finance

Finance Minister Miftah Ismail has said Pakistan was moving in the right direction to convert from conventional banking to full-fledged Shariah-compliant banking as it pushed ahead with the Federal Shariat Court’s ruling that an Islamic country’s economic system should be interest-free.

02 Jun 2022

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