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Waqf Can Be Another Source Of Financing, Says Raja Nazrin
LABUAN, Nov 6 (Bernama) -- The use of Waqf, more commonly known as Islamic endowment, can be another source of financing and also a mechanism for wealth distribution in Islamic Finance, the Raja Muda of Perak, Raja Dr Nazrin Shah said on Friday.
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More Headlines:
Bank Negara's International Reserves Rose To RM334.6 Billion
Labuan IBFC Ensures Businesses Comply With All Regulations
RAM: Worst Over For Banking Sector |
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FOREX: Ringgit To Be Steady Against US Dollar Next Week
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit is expected to be steady against the US dollar next week, supported by commercial buying, dealers said.
FBM KLCI Futures Likely To Be Higher Next Week
KUALA LUMPUR, Nov 7 (Bernama) -- The FTSE Bursa Malaysia (FBM) Kuala Lumpur Composite Index (KLCI) futures contracts on Bursa Malaysia Derivatives is expected to be higher next week, taking cue from the underlying cash market's performance, dealers said.
KLIBOR Futures To See Light Trade Next Week
KUALA LUMPUR, Nov 7 (Bernama) -- Trading on the three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives is expected to be thin, due to lack of fresh buying interest, dealers said.
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CLOSING, FRIDAY, NOV 6
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US |
3.3980/4020 |
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S'pore
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2.4392/4455 |
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100 Yen
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3.7506/7570 |
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Sterling
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5.6471/6548 |
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Euro |
5.0617/0690 |
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Source: Bank Negara
Malaysia |
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