Islamic Banking and Takaful
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Banking on Islamic finance to turn the tide
As the Covid-19 crisis is said to have been induced exogenously, the effect of the pandemic on Islamic financial institutions is regarded as comparable to that of conventional banks, due to the similarity of the business model.
27 Aug 2021
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The State of Islamic Banking
Among the few positive takeaways from the global coronavirus pandemic has been the broad resilience shown by the global financial system, which has done much to assure the world that lessons from the 2008 global financial crisis (GFC) have been learnt. And among the various banking sectors that have stood tall over the last 18 months, Islamic finance has arguably shone the brightest.
26 Aug 2021
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AIBIM - World Bank Survey of the Performance of the Value-Based Intermediation (VBI) Initiative
AIBIM in collaboration with the World Bank is conducting a “Stakeholder Perception Survey of the Performance of the Value-Based Intermediation (VBI) Initiative”. The survey is intended to examine the Malaysian Islamic banking industry’s performance of the VBI and sustainability agenda.
26 Aug 2021
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SMEs need to increase halal exports activities
Malaysia should push more small and medium enterprises (SMEs) to be involved in the halal industry to tap into the multibillion-dollar global halal export market.
25 Aug 2021
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Malaysia critically needs trade-based solutions, says BNM
Malaysia critically needs trade-based solutions to ease liquidity constraints brought by the Covid-19 pandemic, said Bank Negara Malaysia (BNM) assistant governor Adnan Zaylani Mohamad Zahid.
23 Aug 2021
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Maybank Islamic's HalMap for Malaysian SMEs to expand overseas
Maybank Islamic Bhd has recently launched Halal Route to Market Programme (HalMap) to enable small and medium enterprises (SMEs) to expand their halal businesses outside Malaysia.
18 Aug 2021
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PruBSN to focus on digitising its services, ensure safer environment
Prudential BSN Takaful Bhd (PruBSN), the leading family takaful provider in Malaysia which celebrated its 15th anniversary yesterday, will focus on digitising its services to be more efficient and ensuring a safer environment for all.
11 Aug 2021
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CIMB introduces fully-digital Islamic savings account through e-KYC
CIMB Bank Bhd and CIMB Islamic Bank Bhd have today launched the CIMB OctoSavers Savings Account-i, the bank’s first all-digital Islamic account, together with the new CIMB Octo Debit Mastercard.
02 Aug 2021
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Malaysia’s total trade with OIC countries up 24.6% this year
Malaysia’s total trade with the Organisation of Islamic Cooperation (OIC) countries has slightly recovered with double digits growth at 24.6% to US$20.81 billion (RM88.1 billion) for the period of January to May 2021 from US$16.66 billion in the same period last year.
29 Jul 2021
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