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More investment, flourishing bilateral trade mark PM's official visit to Qatar
Malaysia’s Prime Minister Datuk Seri Ismail Sabri Yaakob’s official visit to Qatar has been fruitful for the country with more investment, flourishing bilateral trade and potential for collaboration in an array of sectors, namely the halal industry, Islamic banking and renewable energy.
30 Mar 2022
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press release
Bangko Sentral ng Pilipinas (BSP) Issues Reporting Guidelines for Islamic Banking Transactions
The Bangko Sentral ng Pilipinas (BSP) has approved the prudential reporting framework for Islamic Banks (IBs) and Islamic Banking Units (IBUs) as part of its initiatives to promote Islamic banking in the country. The reporting framework sets the accounting treatment of common Islamic banking arrangements.
29 Mar 2022
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news
BNM to notify 5 successful digital bank licence applicants soon
The central bank is expected to announce successful applications for the country’s first digital banking licences. During the six-month application period, which ended on June 30, 2021, Bank Negara Malaysia (BNM) received 29 applications.
29 Mar 2022
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SC: Size of Islamic capital market rises to RM2.31 tril in 2021
The size of the Islamic capital market (ICM) increased to RM2.31 trillion as at end-2021 from RM2.26 trillion as at end-2020, according to the Securities Commission Malaysia (SC)’s 2021 annual report released on Monday (March 28).
29 Mar 2022
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news
Net Foreign Inflows Resume For Three Consecutive Months in February Amid Hunts for Safe Havens
The local bond market continued to record net foreign inflow for the third consecutive month, albeit at a declining magnitude in February. The ongoing military conflict between Ukraine and Russia raised the safety demand for bonds as haven assets. Foreign investors remained as net buyers although total net foreign inflow narrowed to RM3.1 billion (Jan: RM 3.5 billion).
25 Mar 2022
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news
Malaysia ready to offer Vietnam expertise, advisory services on Halal industry
Malaysia is ready to offer its expertise and advisory services to Vietnam and Vietnamese companies that have expressed interest in enhancing cooperation with Malaysia on the development of the country’s Halal industry.
24 Mar 2022
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