News and Activity
Filter by year
news
Cagamas concludes sukuk, bond issuances worth RM499m
Cagamas Bhd has concluded the issuances of an aggregate RM499 million equivalent worth of sukuk and bonds in the domestic and international markets, bringing total funds raised by the company to date in 2023 to RM6.34 billion.
03 May 2023
Read more
news
Impact of rising funding costs is greater on Islamic banks, says Moody’s
As bank deposit rates move up to reflect rises in the overnight policy rate (OPR), Islamic lenders will feel the impact of tighter funding costs more so than their conventional counterparts, according to Moody’s Investors Service.
03 May 2023
Read more
news
Maybank Islamic seeks to grow Islamic Wealth Management client base to 100,000 in two years
Maybank Islamic Bhd, which managed assets under management (AUM) of about RM65.2 billion for 60,000 clients under its Islamic Wealth Management (IWM) division as at February this year, aims to expand the client base to 100,000 in two years.
03 May 2023
Read more
news
Bekal by Foodpanda strengthens Malaysia's position as global Halal hub
A food delivery service platform with halal status can strengthen Malaysia's position as a Halal hub at the global level, said Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Nai'im Mokhtar.
18 Apr 2023
Read more
news
ETHIS Malaysia & Sapura Bluedome to spur Malaysia's Shariah-focused entrepreneurship
ETHIS Malaysia, a prominent shariah-compliant equity crowdfunding platform that promotes ethical investment for startups and businesses, has joined forces with Bluedome Mines, a distinguished entrepreneurship hub under Sapura Resources Berhad, to fuel the growth of shariah focused startups and entrepreneurship in Malaysia. This strategic collaboration aims to provide a conducive environment and value-added services and offerings to emerging entrepreneurs, such as access to capital and mentorship, with the ultimate goal of empowering the next generation of ethical and shariah driven ventures.
18 Apr 2023
Read more
.jpg/a1add218-a3f7-4a50-97d9-99540f086010/)
news
Malaysian takaful industry grows 18.3% in 2022 on higher demand for Islamic finance — MTA
Malaysia’s takaful industry recorded a strong performance in 2022, driven by increasing demand for Islamic finance products and the acceptance of takaful products as preferred protection schemes, said the Malaysian Takaful Association (MTA)
14 Apr 2023
Read more
.jpg/01ddef80-0145-68c4-4427-1dfbe8c7357d/)
.jpg/da0fc376-3d9c-af73-7db8-7216ecc313d9/)
The MIFC logo is a registered trademark in Malaysia.
