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press release
Exposure Draft on Financial Technology Regulatory Sandbox Framework
This exposure draft sets out the Bank Negara Malaysia’s (the Bank) proposal to issue a new Financial Technology Regulatory Sandbox Framework (Framework) policy document, which contains enhancements to the policy document of the same name issued on 18 October 2016.
30 Mar 2023
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news
SC: Size of Islamic capital market rose to RM2.32 trillion in 2022
The size of the Islamic capital market (ICM) increased to RM2.32 trillion as at end-2022, from RM2.31 trillion as at end-2021, according to the Securities Commission Malaysia (SC)’s Annual Report 2022 released on Monday (March 27).
29 Mar 2023
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news
Sunway Healthcare sets up framework to facilitate RM5bil sustainability sukuk issuance
Sunway Healthcare Group (SHG) has set up a sustainability financing framework to allow issuance of sustainability Sukuk under the RM5 billion Sukuk Wakalah programme by its wholly-owned Sunway Healthcare Treasury Sdn Bhd.
28 Mar 2023
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news
Islamic Banking and Finance Institute Malaysia equipped to develop global financial talent
The Islamic Banking and Finance Institute Malaysia (IBFIM) provides important tools to develop talent in the Islamic finance industry, to ensure that professionals have the necessary skills and knowledge to meet the growing demand for Islamic finance expertise, while demonstrating socially responsible and ethical values.
27 Mar 2023
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news
Halal industry to expand to US$113.2b by 2030, GDP contribution 8.1pc by 2025
Malaysia’s halal industry is projected to expand to US$113.2 billion (RM502.3 billion) by 2030, with a gross domestic product (GDP) contribution of 8.1 per cent by 2025 through the Halal Industry Master Plan 2030 (HIMP 2030).
27 Mar 2023
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news
UDA tapping into sukuk market to fund its development
From developing the coveted Taman Tun Dr Ismail township back in the 1970s to more recently completing the groundbreaking Legasi Kampong Bharu in the Kuala Lumpur city centre, UDA Holdings Bhd has remained at the forefront of Malaysia’s urban development for over half a century.
27 Mar 2023
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news
Malaysia's Prime Minister visits IsDB Headquarters in Jeddah to strengthen relations and explore a strategic partnership between the Asian nation and the IsDB Group
Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, on Thursday, 23 March 2023, welcomed the Malaysian Prime Minister and Minister of Finance, H.E Dato' Seri Anwar bin Ibrahim and accompanying delegation to the IsDB Group Headquarters in Jeddah in a historic visit to strengthen relations and explore a strategic partnership between the Southeast Asian nation and the IsDB Group.
27 Mar 2023
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press release
Etiqa Becomes the First Insurance and Takaful Provider in Malaysia to Sign on to the United Nations’ Principle for Sustainable Insurance
Etiqa has boldly stated its commitment to sustainability by being the first insurance and takaful company in Malaysia to become a signatory of the United Nations’ Principle for Sustainable Insurance (UN PSI) under the United Nations Environment Programme Finance Initiative (UNEP FI).
24 Mar 2023
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press release
BANK ISLAM AND MESINKIRA COLLABORATE TO ACCELERATE THE DIGITAL TRANSFORMATION FOR MICROENTREPRENEURS
Bank Islam Malaysia Berhad (Bank Islam or the Bank) ties a partnership with MESINKIRA Sdn Bhd (MESINKIRA) to adopt an end-to-end integrated mobile business management solution. The partnership is aimed at supporting underbanked microentrepreneurs in digitalising their business operations.
24 Mar 2023
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news
EPF as loan collateral will utilise Islamic financing loan method
Prime Minister Datuk Seri Anwar Ibrahim today said that the government will utilitise Islamic financing loan method in relation to emergency loans made with EPF (Employees’ Provident Fund) saving as collateral.
23 Mar 2023
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