News and Activity
Filter by year
press release
IFSB Signs MOU with INCEIF and IICSB to Further Expand Knowledge in Islamic Finance
The Islamic Financial Services Board (IFSB), and International Centre for Education in Islamic Finance (INCEIF) and its consulting subsidiary, ISRA International Consulting (IICSB), signed a Memorandum of Understanding (MoU) to further promote Islamic Finance.
10 Feb 2022
Read more
news
Affin Bank forms partnership with NCIA to foster the growth of SMEs
Affin Bank Bhd and Affin Islamic Bank Bhd has exchanged a memorandum of agreement (MoA) with Northern Corridor Implementation Authority (NCIA) at the official event launch of the Kedah Rubber City (KRC) in Padang Terap, Kedah on Monday.
10 Feb 2022
Read more
news
Malaysia, Saudi Arabia remain pre-eminent Islamic fund domiciles worldwide with strong, established local markets, says Fitch Ratings
Assets under management (AUM) in Islamic mutual funds peaked at around US$130 billion at the end of the second quarter of 2021, before declining to about US$120 billion at the end of last year, according to Fitch Ratings.
10 Feb 2022
Read more
news
Bursa Malaysia inks MoU with HSBC Amanah to improve PLCs' ESG adoption practices
Bursa Malaysia Bhd and HSBC Amanah Malaysia Bhd has entered into a memorandum of understanding (MoU) to collaborate on an initiative aimed at improving Malaysian public listed companies’ (PLCs) environmental, social and governance (ESG) adoption practices.
10 Feb 2022
Read more
news
ETFs to spur growth of Islamic finance assets to $4.94 trillion by 2025
ETFs overall had a record year in 2021 with more than 900 new launches worldwide and over $1 trillion in global net inflows, taking assets under management to $9.9 trillion at the end of November, according to Invesco experts, who expect to see the continued growth of opportunities for investors looking for Shariah-compliant investment vehicles in 2022.
08 Feb 2022
Read more
news
BNM fosters conditions for financial sector to upscale digitalisation
Bank Negara Malaysia (BNM) has set its priorities to foster the right conditions for Malaysia’s financial sector to capitalise on digitalisation while ensuring that attendant risks are well understood and managed effectively by the financial institutions.
07 Feb 2022
Read more
news
Islamic fintech is primed for growth in 2022
Fintech’s ability to maintain consistently high growth demonstrates the long-term scalability of the sector. Challenger banks have demonstrated how technology can be leveraged to enhance the delivery of financial services for consumers, investors, and banks. While these challenger entities command a growing market share, big banks are also embracing the advantages of digital transformations to ensure they can meet the changing demands of their clients.
31 Jan 2022
Read more
news
Malaysia continues to dominate sukuk issuance market in 2021, says Moody's
Emerging Market (EM) sukuk issuances rose by nearly 8% to around US$160 billion (US$1=RM4.19) in 2021 from US$149 billion in 2020, supported by increasing activity in the sovereign and corporate space, according to Moody’s Investors Service.
31 Jan 2022
Read more
The MIFC logo is a registered trademark in Malaysia.
