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Affin bank is the first malaysian bank globally recognised by ifc for its sme-centric digital tool
In its pursuit to become the “Bank of Choice” for small & medium enterprises (SMEs), Affin Bank Berhad, together with Affin Islamic Bank Berhad (“AFFIN BANK” or “the Bank”), has set the record by becoming the first Malaysian bank globally recognised at the Global SME Finance Awards 2021 with an Honorable Mention in the “Product Innovation of the Year” category for its SME Colony mobile application, the Bank’s forefront digital tool in serving SMEs comprehensively.
19 Nov 2021
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Malaysia ranks first in Islamic finance development indicator 2021, says Refinitiv
Malaysia and Indonesia has retained the first and second place respectively in the Islamic Finance Development Indicator (IFDI) 2021 for the second year in a row, according to financial markets data provider Refinitiv.
19 Nov 2021
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press release
Reappointment of Three Members of the BNM Shariah Advisory Council
Bank Negara Malaysia announces today the reappointment of three Shariah Advisory Council (SAC) members of the Bank for a three-year term. The reappointment will take effect from 1 November 2021 as assented by KDYMM Seri Paduka Baginda Yang di-Pertuan Agong in accordance with section 53(1) of the Central Bank of Malaysia Act 2009. The reappointed members are:
18 Nov 2021
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press release
Refinitiv releases findings of 2021 Islamic Finance Development Indicator
Islamic finance industry is projected to reach $4.94 trillion in 2025 according to the Islamic Finance Development Indicator (IFDI) 2021 released today by Refinitiv, a London Stock Exchange Group (LSEG) business.
18 Nov 2021
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Khazanah-backed SPV to double Islamic bond issuance to RM20b
Malaysia sovereign wealth fund Khazanah Nasional Bhd’s special purpose vehicle (SPV) Danum Capital Bhd has proposed to upsize its RM10 billion Islamic bond or sukuk issuance known as the Sukuk Danum Programme to RM20 billion, according to CIMB Investment Bank Bhd, which is facilitating the bond scheme.
17 Nov 2021
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press release
RAM Ratings reaffirms AA1 rating of SEP’s Sukuk, revises outlook to positive
RAM Ratings has reaffirmed the AA1 rating of SEP Resources (M) Sdn Bhd’s (SEP) RM150 mil Islamic Medium Term Notes (the Sukuk). We have also revised the outlook on the rating to positive from stable on the back of the transaction’s robust performance which outperformed RAM’s expectations.
17 Nov 2021
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press release
Sustained demand for the IILM’s USD 1.31 billion short-term Sukuk reissuance in November
The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully completed the auction for the reissuance of an aggregate USD 1.31 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month respectively.
17 Nov 2021
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Waqf, fintech innovation, sustainability to drive future growth of Islamic finance sector
Waqf, fintech solutions and the global sustainability agenda were identified as key drivers for the future growth of Islamic finance, Malaysian Institute of Accountants (MIA) Islamic Finance Committee chairman Mohd Muazzam Mohamed said.
12 Nov 2021
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press release
RAM Ratings assigns A1/Stable/P1 corporate credit ratings and preliminary issue ratings to Cenergi SEA
RAM Ratings has assigned A1/Stable/P1 corporate credit ratings to Cenergi SEA Berhad (Cenergi or the Group), along with a preliminary A1/Stable rating for the Senior Sukuk and a preliminary A3/Stable rating for the Subordinated Perpetual Sukuk under the proposed Senior Sukuk/Subordinated Perpetual Sukuk Programme (the Proposed Sukuk Programme).
12 Nov 2021
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