Cagamas concludes pricing of RM1.3b bonds and sukuk ahead of FOMC meeting

Cagamas Bhd announced its pricing of RM1.3 billion equivalent worth of bonds and sukuk.

24 Mar 2022

Strong rebound in M&As and digital adoption

Malaysia saw 31 merger and acquisition (M&A) transactions involving financial services companies worth US$1.63bil (RM6.88bil) last year after a “slump” in 2020, according to KPMG in a report.

24 Mar 2022

Businesses are encouraged to explore new fundraising methods

Malaysian entrepreneurs are encouraged to explore new fundraising methods instead of the traditional way of obtaining financing to scale up their businesses and operations.

24 Mar 2022

INCEIF University, ISRA Consulting & Islamic University of Maldives sign MoU

INCEIF University, its consulting subsidiary ISRA Consulting and Islamic University of Maldives signed a Memorandum of Understanding with the plan to, among others, restart the promotion of INCEIF academic and executive programmes in Maldives.

24 Mar 2022

Lack of data, information stagnate research on Islamic finance

Lack of research, data and insufficient information in Islamic finance industry are seen as the key challenges that stagnate the industry, says Islamic Development Bank VP finance and CFO Dr Zamir Iqbal.

23 Mar 2022

INTERVIEW: Musa Hitam, the chair of the jury panel of The Royal Award for Islamic Finance

The Royal Award for Islamic Finance (The Royal Award) is one of the most prestigious awards in Islamic finance, honoring some of the most outstanding luminaries in the industry for their unparalleled contributions.

22 Mar 2022

VBIAF Working Group Release Sectoral Guides On Oil & Gas, Construction & Infrastructure And Manufacturing

The Value-based Intermediation Financing and Investment Impact Assessment Framework (VBIAF) Sectoral Guide Working Group (WG) today issued the second cohort of the VBIAF Sectoral Guides on Oil & Gas (O&G), Manufacturing and Construction & Infrastructure (C&I).

22 Mar 2022

Islamic fintech needs conducive ecosystem for exponential growth

The global Islamic fintech market needs a conducive ecosystem in order to achieve exponential growth potential, according to Maybank chairman Tan Sri Zamzamzairani Mohd Isa.

22 Mar 2022

MARC Ratings affirms Farm Fresh’s rating at AA-IS with stable outlook

MARC Ratings has affirmed its rating of AA-IS on Farm Fresh Berhad's Islamic Medium-Term Notes (IMTN) Programme of RM1.0 billion under the Shariah principle of Wakalah Bi Al-Istithmar. The rating outlook is stable.

22 Mar 2022

Slow adoption of ESG due to data scarcity

The lack of data is one of the main reasons for the slow adoption of environmental, social and governance (ESG) principles among Islamic finance institutions.

22 Mar 2022

RAM Ratings assigns final ratings to Tranche 7 Sukuk issued by RCEM’s financing vehicle, Zamarad

21 Mar 2022

KLK issues RM2b worth of Islamic bonds

Palm oil producer Kuala Lumpur Kepong Bhd (KLK) has issued RM2 billion worth of Islamic bonds or sukuk through two tranches under its Islamic Medium-Term Notes (IMTN) programme of up to RM2 billion. 

17 Mar 2022