Islamic Banking and Takaful
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Islamic fintech is primed for growth in 2022
Fintech’s ability to maintain consistently high growth demonstrates the long-term scalability of the sector. Challenger banks have demonstrated how technology can be leveraged to enhance the delivery of financial services for consumers, investors, and banks. While these challenger entities command a growing market share, big banks are also embracing the advantages of digital transformations to ensure they can meet the changing demands of their clients.
31 Jan 2022
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Malaysia : Regulator to license new digital players in insurance/ takaful sector in 2023
Bank Negara Malaysia (BNM) aims to license new digital insurance and takaful players in 2023 that can leverage technologies to deliver value propositions on three fronts.
28 Jan 2022
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Analysts: BNM seen more accommodative towards facilitating alternative financing needs in Financial Sector Blueprint 2022-2026
Bank Negara Malaysia (BNM) has been seen to be more accommodative in facilitating alternative financing needs and new business models in the Financial Sector Blueprint 2022-2026 (FSB3) which was unveiled recently.
26 Jan 2022
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The future is bright for Islamic banking in Asean
ASEAN is powering the global growth of Islamic banking, thanks to world-leading innovation and strong demand. The success of Islamic banking will help fuel the region’s economic development and enhance its position as an international finance centre.
24 Jan 2022
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7.25 percent profit on savings: Islamic banks asked to follow SBP orders
The business community on Sunday asked the central bank to take action against Islamic banks for not implementing its regulations of minimum profit of 7.25 percent to their depositors on saving accounts.
19 Jan 2022
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SME Bank’s Sustainability Sukuk wins Best ASEAN Green SRI Sukuk and Best SRI Sukuk awards
SME Bank’s Sustainability Sukuk received the Best ASEAN Green Sustainable and Responsible Investment (SRI) Sukuk and Best SRI Sukuk awards at the 15th Annual Deal and Solution Award 2021 by Alpha South East Asia, a Hong Kong-based institutional investment publication.
12 Jan 2022
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Malaysian firms ready to enter global Islamic fintech market
Malaysia is gearing up to be the global leader in Islamic FinTech, with these companies paving the way forward.
11 Jan 2022
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AmBank BizRACE Season 3 closes with nine winners and over RM14 mil grants approved
Nine SMEs have emerged as winners in the AmBank BizRACE Season 3: Industrial Revolution 4.0 (IR 4.0), Digitalisation and Halal Quest tracks, with three winners for each track selected from over 2,000 registrations since its launch in July 2020. And over 200 shortlisted SMEs this season were provided with development programmes in the areas of IR4.0, Digtalisation and Halal certification, AmBank said in a statement.
05 Jan 2022
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Insurance, takaful industry launches voucher programme to extend social protection to lower-income group
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.
03 Jan 2022
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