Islamic Banking and Takaful
news
A look at the digital bank plans of AEON Credit, Al Rajhi and Bank Islam
BANK Negara Malaysia may have awarded only five digital bank (DB) licences recently, but there are certainly more DBs coming into the market, especially in the Islamic space.
01 Jun 2022
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Affin Bank promotes renewable energy via Affin Solar FInancing-i
Affin Bank Bhd and Affin Islamic Bank Bhd have launched AFFIN Solar Financing-i, a sustainable and personal financing plan for retail customers to purchase and install Solar Photovoltaic System (SPV) at residential and nonresidential properties.
01 Jun 2022
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Pakistan: Islamic banks to outpace conventional ones
The banking sector is on the rise in Pakistan, but Shariah-compliant banks are leapfrogging and set to outpace the conventional banks in the coming years, as more banks are anticipated to apply for Islamic banking licences.
30 May 2022
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Malaysian halal players should seize business opportunities in the Netherlands
Malaysian halal players should seize business opportunities in the Netherlands where the halal sector is booming, said Malaysia External Trade Development Corporation (MATRADE) trade commissioner Emeliana Zainol.
26 May 2022
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Affin Bank’s digital transformation projects receives Malaysia Technology Excellence Awards 2022
Affin Bank Berhad (AFFIN BANK) has bagged two awards under the Cloud and Mobile-Banking categories in the Malaysia Technology Excellence Awards 2022. In its 4th year, the award is now back in search of outstanding companies that have made exceptional contributions in the pursuit of technological innovation.
24 May 2022
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MNRB bags fintech insurance tech award
MNRB Holdings Bhd (MNRB) has bagged the Insurtech–Financial Technology award category at the recent Malaysia Technology Excellence Awards 2022 through its sub-brand, GO by Takaful Ikhlas.
24 May 2022
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LIAM: PTV records 1.9 mln vouchers worth over RM140.7 mln redeemed
The Perlindungan Tenang Voucher (PTV) programme extended by the goverment in collaboration with the insurance and takaful industry has been extended for another year effective Jan 1, 2022 with the voucher value increased to RM75 from RM50, said the Life Insurance Association of Malaysia (LIAM).
20 May 2022
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Hong Leong AM's Islamic funds achieve global recognition with 5 fund awards
Hong Leong Asset Management Bhd’s (Hong Leong AM) EPF-approved Islamic funds, Hong Leong Dana Makmur (HL Dana Makmur) and Hong Leong Dana Maa’rof (HL Dana Maa’rof) have received five additional individual fund awards from the Refinitiv Lipper Fund Awards 2022 — Global Islamic Universe.
20 May 2022
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Oman’s Islamic banking assets crosses RO6bn mark
Islamic banking is continuing to grow rapidly in Oman driven by growing awareness about Sharia’a-compliant products, strong retail demand and supportive regulations.
18 May 2022
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