Islamic Banking and Takaful
press release
Bank Negara Malaysia Introduces Standardised Housing Loan and Home Financing Agreement For Retail Borrowers/Customers
Bank Negara Malaysia has announced the introduction of a standardised housing loan and home financing agreement for retail borrowers/customers. This initiative seeks to enhance the quality-of-service delivery, promote consumer understanding and comparability of key terms and conditions, and simplify language in such agreements, including borrowers'/customers’ and financiers' responsibilities and obligations.
31 Mar 2023
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news
Islamic finance remains top priority for Malaysia's global gateway
Islamic finance remains a top priority in the Financial Sector Blueprint to strengthen Malaysia's value proposition as an international gateway for Islamic finance.
28 Mar 2023
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news
Islamic Banking and Finance Institute Malaysia equipped to develop global financial talent
The Islamic Banking and Finance Institute Malaysia (IBFIM) provides important tools to develop talent in the Islamic finance industry, to ensure that professionals have the necessary skills and knowledge to meet the growing demand for Islamic finance expertise, while demonstrating socially responsible and ethical values.
27 Mar 2023
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Islamic Development Bank Institute (Isdbi) Helping Uzbekistan To Build A Resilient Islamic Finance Industry
The objectives of the mission were to assess the progress of on-going projects in Uzbekistan and to pilot the Islamic Finance Country Assessment Framework JEDDAH, Kingdom of Saudi Arabia - A technical mission from the Islamic Development Bank Institute (IsDBI) visited Uzbekistan from 13 to 16 March 2023 and met with key stakeholders to discuss Islamic finance projects and initiatives in the country. The team comprised of Mr. Yahya Rehman, Lead Islamic Finance Specialist, and Mr. Khalid Jawahir, Senior Islamic Finance Specialist.
27 Mar 2023
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Malaysia's Prime Minister visits IsDB Headquarters in Jeddah to strengthen relations and explore a strategic partnership between the Asian nation and the IsDB Group
Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, on Thursday, 23 March 2023, welcomed the Malaysian Prime Minister and Minister of Finance, H.E Dato' Seri Anwar bin Ibrahim and accompanying delegation to the IsDB Group Headquarters in Jeddah in a historic visit to strengthen relations and explore a strategic partnership between the Southeast Asian nation and the IsDB Group.
27 Mar 2023
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press release
Etiqa Becomes the First Insurance and Takaful Provider in Malaysia to Sign on to the United Nations’ Principle for Sustainable Insurance
Etiqa has boldly stated its commitment to sustainability by being the first insurance and takaful company in Malaysia to become a signatory of the United Nations’ Principle for Sustainable Insurance (UN PSI) under the United Nations Environment Programme Finance Initiative (UNEP FI).
24 Mar 2023
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press release
BANK ISLAM AND MESINKIRA COLLABORATE TO ACCELERATE THE DIGITAL TRANSFORMATION FOR MICROENTREPRENEURS
Bank Islam Malaysia Berhad (Bank Islam or the Bank) ties a partnership with MESINKIRA Sdn Bhd (MESINKIRA) to adopt an end-to-end integrated mobile business management solution. The partnership is aimed at supporting underbanked microentrepreneurs in digitalising their business operations.
24 Mar 2023
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Startups injecting fresh innovations to Malaysia’s Islamic Digital Economy
Malaysia has continued to strengthen its presence in the Islamic Digital Economy (IDE) and cement its international competitiveness.
23 Mar 2023
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EPF as loan collateral will utilise Islamic financing loan method
Prime Minister Datuk Seri Anwar Ibrahim today said that the government will utilitise Islamic financing loan method in relation to emergency loans made with EPF (Employees’ Provident Fund) saving as collateral.
23 Mar 2023
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