Islamic Banking and Takaful

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Fintech growth encourages zakat, voluntary giving
EIGHTY-FOUR percent of Islamic finance professionals believe that the annual financial value of zakat — as well as voluntary giving such as donations and endowments — will increase by 33% over the next five years, IslamicMarkets.com’s research found.
20 Oct 2022
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Malaysia should continue to focus on Islamic finance arbitration -- Sultan Nazrin
As a leading Islamic finance centre, Malaysia should continue to focus on the area of dispute resolution within the general framework of Islam, said the Sultan of Perak, Sultan Nazrin Shah.
07 Oct 2022
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Alliance Islamic launched Malaysia's first book on zakat microfinancing
Alliance Islamic Bank Bhd launched Malaysia's first book on zakat microfinancing, titled 'Zakat and Microfinance', which pioneers the productive distribution of zakat funds as microfinancing to empower the underprivileged or asnaf micro-entrepreneurs.
27 Sep 2022
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CIMB commits RM30bil SME financing
CIMB Bank Bhd and CIMB Islamic Bank Bhd have continued its commitment to support and spur the recovery of the small and medium enterprise (SME) businesses through RM30bil in financing by 2024.
27 Sep 2022
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Malaysia's Islamic fintech reaches maturity, will continue to grow - AIBIM
The Islamic financial technology (fintech) industry in Malaysia has reached maturity and will continue to grow in the coming years through the development of policies, technology and talents to support the ecosystem.
26 Sep 2022
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PruBSN launches comprehensive protection plan with PruBSN Sinar
The number one family takaful operator in Malaysia, Prudential BSN Takaful Berhad (PruBSN) has launched PruBSN Sinar, a total and comprehensive protection for all Malaysians.
23 Aug 2022
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MTA inks MOU with Infomina to promote takaful industry's fintech and digital innovation
The Malaysian Takaful Association (MTA) has inked a memorandum of understanding (MOU) with Infomina Bhd to conduct an evaluation on the viability of a productivity application named Videspace that functions as a team communication and collaboration tool.
18 Aug 2022
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Second edition of iTEKAD CIMB Islamic Rider Entrepreneur Programme kicks off
CIMB Islamic Bank Bhd together with programme partners Yayasan Waqaf Malaysia (YWM) and Yayasan Belia Malaysia (YBM) will continue the iTEKAD CIMB Islamic Rider Entrepreneur Programme into its second edition.
18 Aug 2022
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WIEF Foundation 17th Roundtable In Penang to discuss sustainable economic recovery strategies
The World Islamic Economic Forum (WIEF) Foundation will bring its 17th Roundtable to Penang to discuss strategies for sustainable recovery to build a resilient and stable economy nationally, regionally and globally.
16 Aug 2022
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