Islamic Banking and Takaful
news
More investment, flourishing bilateral trade mark PM's official visit to Qatar
Malaysia’s Prime Minister Datuk Seri Ismail Sabri Yaakob’s official visit to Qatar has been fruitful for the country with more investment, flourishing bilateral trade and potential for collaboration in an array of sectors, namely the halal industry, Islamic banking and renewable energy.
30 Mar 2022
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news
Stable outlook for Islamic banking industry
RAM Ratings has maintained its stable outlook on the country’s Islamic banking industry as it expects the industry to stay resilient despite lingering risks from Covid-19, Bernama reported.
30 Mar 2022
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press release
BNM publishes AR 2021, EMR 2021 and FSR 2H2021
Bank Negara Malaysia (BNM) published its Annual Report 2021 (AR 2021), Economic and Monetary Review 2021 (EMR 2021) and Financial Stability Review for Second Half 2021 (FSR 2H2021).
30 Mar 2022
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press release
Bangko Sentral ng Pilipinas (BSP) Issues Reporting Guidelines for Islamic Banking Transactions
The Bangko Sentral ng Pilipinas (BSP) has approved the prudential reporting framework for Islamic Banks (IBs) and Islamic Banking Units (IBUs) as part of its initiatives to promote Islamic banking in the country. The reporting framework sets the accounting treatment of common Islamic banking arrangements.
29 Mar 2022
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news
BNM to notify 5 successful digital bank licence applicants soon
The central bank is expected to announce successful applications for the country’s first digital banking licences. During the six-month application period, which ended on June 30, 2021, Bank Negara Malaysia (BNM) received 29 applications.
29 Mar 2022
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news
Strong rebound in M&As and digital adoption
Malaysia saw 31 merger and acquisition (M&A) transactions involving financial services companies worth US$1.63bil (RM6.88bil) last year after a “slump” in 2020, according to KPMG in a report.
24 Mar 2022
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news
Businesses are encouraged to explore new fundraising methods
Malaysian entrepreneurs are encouraged to explore new fundraising methods instead of the traditional way of obtaining financing to scale up their businesses and operations.
24 Mar 2022
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news
Lack of data, information stagnate research on Islamic finance
Lack of research, data and insufficient information in Islamic finance industry are seen as the key challenges that stagnate the industry, says Islamic Development Bank VP finance and CFO Dr Zamir Iqbal.
23 Mar 2022
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press release
VBIAF Working Group Release Sectoral Guides On Oil & Gas, Construction & Infrastructure And Manufacturing
The Value-based Intermediation Financing and Investment Impact Assessment Framework (VBIAF) Sectoral Guide Working Group (WG) today issued the second cohort of the VBIAF Sectoral Guides on Oil & Gas (O&G), Manufacturing and Construction & Infrastructure (C&I).
22 Mar 2022
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