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Islamic Banking and Takaful

Fintech growth encourages zakat, voluntary giving

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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

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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

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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

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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

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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

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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

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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

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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

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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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