The 6th Royal Award for Islamic Finance to be conferred on 4 October 2022

11 Aug 2022

Agro-Food Takaful Insurance Scheme Gives New Hope to Malaysian Farmers

Farmers produce food for people to eat and without them, the world will go hungry. In Malaysia, farmers can take advantage of the Agro-Food Takaful Insurance Scheme plans supported by the government through MAF. It aims to compensate farmers for damages and losses caused by natural disasters.

09 Aug 2022

Malaysia-Islamic Development Bank to expand Islamic finance role

Malaysia looks forward to the continuing collaboration with member and non-member countries of the Islamic Development Bank (IsDB) to advance the role of Islamic finance in areas such as the halal industry, new technology, social finance, awqaf, public health and the environment.

25 Jul 2022

Russia is drafting new law to regulate Islamic banking

Russia is drafting a new law to regulate Islamic banking in the country, a growing sector that could help state-run banks hit by Western sanctions to attract investors from Muslim-majority countries as well as cater to domestic customers.

22 Jul 2022

AIA PUBLIC Takaful's latest community initiative aims to relieve financial burden of B40 group

Zulhijjah is the last month in the Hijri calendar and is the month where Muslims who are financially and physically able ought to complete the fifth Pillar of Islam, which is to perform Hajj.

21 Jul 2022

FWD Takaful introduces two Takaful plans for EPF members

FWD Takaful Bhd (FWD Takaful) has launched the eTerm Takaful Plan and FWD eCritical Illness Plan for eligible Employees Provident Fund (EPF) members.

19 Jul 2022

Bank Islam launches new banking app, ‘Be U’

Bank Islam Malaysia Bhd has launched its fully cloud-native digital banking application (app), “Be U”, a first-of-its-kind technology stack which is anticipated to be the cornerstone of all upcoming digital banks in Malaysia.

19 Jul 2022

Prudential expands definition of financial dependants to include extended family members

 Prudential Malaysia has expanded its definition of financial dependants for its insurance policies and takaful certificates beyond spouse, children and legal guardian relationships so as to provide access to financial protection to more people.
 

19 Jul 2022

CIMB bags awards for leadership in debt capital markets and Islamic finance

CIMB Investment Bank Bhd, CIMB Islamic Bank Bhd and Unit Usaha Syariah PT Bank CIMB Niaga Tbk have been feted at the Alpha Southeast Asia Best Financial Institution Awards and Best Islamic Finance Awards 2022 with multiple awards that attest to CIMB’s leadership in banking and finance.

06 Jul 2022