KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s Takaful industry has united to provide iTEKAD protection to vulnerable communities, marking a significant milestone in the nation’s social finance journey and reinforcing its leadership in Islamic finance.
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.
KUALA LUMPUR, Oct 11 (Bernama) -- The government’s continued efforts to promote financial inclusion and raise awareness about the importance of life insurance protection through the extension of tax relief and stamp duty can encourage parents, especially young families, to plan early for their children’s financial security.
KUALA LUMPUR, Oct 11 (Bernama) -- The design of the base medical and health insurance/takaful product, which is being introduced as part of the Budget 2026 agenda, is expected to be finalised by end-2025 with a view to launch in 2027, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Oct 10 (Bernama) -- The newly introduced i-Saraan Plus tailored for e-hailing and p-hailing drivers announced under Budget 2026 is built on the success of the i-Saraan programme, said the Employees Provident Fund (EPF).
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.
KUALA LUMPUR, Oct 9 (Bernama) -- Syarikat Jaminan Kredit Perumahan Bhd (SJKP) guarantees home loans covering more than 100 per cent of the house purchase price for qualified first-time buyers, giving banks greater confidence to approve applications that might otherwise be declined.
KOTA KINABALU, Oct 4 (Bernama) -- The opening of a new Agrobank micro branch in Sook, Keningau will benefit some 31,000 residents in the area, most of whom are engaged in agricultural activities.
KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian insurance and takaful industry has recorded an improvement in service excellence, with the latest Customer Satisfaction Index (CSI) reaching a commendable 88 points in 2024.
KUALA LUMPUR, Sept 19 (Bernama) – The banking industry has pledged wide-ranging financial relief and assistance to communities in Sabah affected by the recent floods.
