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Islamic Banking and Takaful

Islamic fintech needs conducive ecosystem for exponential growth

news

Islamic fintech needs conducive ecosystem for exponential growth

The global Islamic fintech market needs a conducive ecosystem in order to achieve exponential growth potential, according to Maybank chairman Tan Sri Zamzamzairani Mohd Isa.

22 Mar 2022

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Slow adoption of ESG due to data scarcity

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Slow adoption of ESG due to data scarcity

The lack of data is one of the main reasons for the slow adoption of environmental, social and governance (ESG) principles among Islamic finance institutions.

22 Mar 2022

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Discussion Paper on Broader Application of Ta`awun in Takaful

press release

Discussion Paper on Broader Application of Ta`awun in Takaful

The government, together with the insurance and takaful industry, will offer all eligible Bantuan Keluarga Malaysia (BKM) recipients for next year in the household, single and senior citizen categories a RM75 Perlindungan Tenang Voucher (PTV) from Jan 1, 2022. 

11 Mar 2022

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Islamic finance market underserves demand for sustainable impact

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Islamic finance market underserves demand for sustainable impact

Nearly three out of four practitioners believe Islamic finance underserves economic, social and governance (ESG) demands, according to a study by IslamicMarkets.com last month.

04 Mar 2022

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CIMB unveils Islamic credit card designed for needs of affluent individuals

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CIMB unveils Islamic credit card designed for needs of affluent individuals

CIMB Group Holdings Bhd has unveiled a new credit card that offers its preferred customers additional benefits of an Islamic credit card designed for the needs of affluent individuals.

04 Mar 2022

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Islamic Development Bank, Gabon to strengthen cooperation

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Islamic Development Bank, Gabon to strengthen cooperation

Islamic Development Bank President Dr. Mohammed Al-Jasser met and discussed cooperation with the ambassador of the Republic of Gabon to the Kingdom of Saudi Arabia, Membourou Guy Ibrahim.

02 Mar 2022

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BNM: Islamic finance plugs gap for long-term sustainability, inclusive growth

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BNM: Islamic finance plugs gap for long-term sustainability, inclusive growth

Islamic finance has a major role in plugging the gap between long-term sustainability and inclusive growth, with the 17 sustainability development goals (SDGs) as a guiding compass.

25 Feb 2022

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ESG compliance vital for Malaysia to navigate challenges beyond 2022

news

ESG compliance vital for Malaysia to navigate challenges beyond 2022

Advocating environmental, social and governance (ESG) is seen as the key resolutions for industries across the board even though small firms are still at the infancy level of the implementation, while the larger ones are catching up fast with some are already standing side by side with global companies.

21 Feb 2022

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Malaysia’s Freya Capital signed MoU with the UAE’s National Bonds to support the Islamic Finance Industry

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Malaysia’s Freya Capital signed MoU with the UAE’s National Bonds to support the Islamic Finance Industry

A Memorandum of Understanding (MoU) has been signed between National Bonds Corporation of UAE (National Bonds) and Freya Capital Sdn Bhd, Malaysia (Freya), the alliance will take this state of the art Sharia-compliant solutions to the new frontiers.

17 Feb 2022

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