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

Finance minister announces full redemption of Sukuk Prihatin, Malaysia’s first digital sukuk

The government is pleased to announce the maturity of its two-year Sukuk Prihatin, which has been fully redeemed on September 22, 2022.

26 Sep 2022

Islamic finance sector sees growth opportunities in crypto and metaverse, says IslamicMarkets.com

New research with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse.

26 Sep 2022

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

Securities Commission: Sarawak’s sustainable devt through the capital market

The Securities Commission organised a forum on Monday to educate state agencies and businesses in Sarawak on how they can tap into the sustainability sukuk and bond markets to address environmental, social and governance (ESG) aspects.

21 Sep 2022

UEM Sunrise completes issuances of RM295mil sukuk under MTN programme

CIMB Islamic launches Sustainable Term Investment Account-i

CIMB Islamic Bank Bhd (CIMB Islamic) has launched its first Sustainable Term Investment Account-i (Sustainable TIA-i) Tranche, a purpose-driven investment offering for businesses including small and medium enterprises (SMEs).

20 Sep 2022

Global sukuk issuance to fall to US$160b in 2022 amid high interest rates

Global sukuk issuance is expected to fall to US$160 billion to US$170 billion this year, down from US$181 billion in 2021 and a record US$205 billion in 2020, according to Moody’s Investors Service.
 

14 Sep 2022

Bank Islam issues maiden RM500m sukuk wakalah

Bank Islam Malaysia Bhd has issued its maiden RM500 million Additional Tier-1 capital Sukuk Wakalah under a Sukuk Wakalah programme of up to RM5 billion in nominal value.

25 Aug 2022

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

Malaysia cooperating with nine countries on global halal sector development

Malaysia is actively cooperating with nine countries on the development of the global halal sector, said the Ministry of International Trade and Industry (MITI).

19 Aug 2022

Marc Ratings Affirms Danajamin's Ratings With Stable Outlook

MARC Ratings has affirmed its insurer financial strength (IFS) rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin Nasional Berhad (Danajamin). Concurrently, the rating agency has affirmed its ratings of AAAIS and AA+IS on the Senior and Subordinated Sukuk Murabahah of up to RM2.0 billion under its Sukuk Murabahah programme. Currently, there is an outstanding of RM500.0 million under the rated programme in which Danajamin can exercise a call option to fully redeem the outstanding on October 6, 2022.

19 Aug 2022