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KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia recorded a 48 per cent growth in Islamic banking market share between 2000 and 2024, placing the country second only to Saudi Arabia globally, according to a report by Standard Chartered (StanChart).
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KUALA LUMPUR, Nov 25 (Bernama) — The United Arab Emirates (UAE), particularly Dubai, sees financial technology (fintech) and Islamic finance as emerging priority sectors and is encouraging Malaysian companies to tap into these opportunities.
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NAIROBI (Kenya), Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to three African countries in a continent which is increasingly being described as “young and fast” for its vibrant demographics and rising potential is a testament to Putrajaya’s commitment to strengthening ties with the Global South and positioning Malaysia strategically as a trusted partner in an increasingly multipolar world.
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LABUAN, Nov 22 (Bernama) -- The Maldives International Financial Services Authority (MIFSA) has appointed Datuk Iskandar Mohd Nuli as its new chief executive officer, marking an important step in the Maldives’ efforts to develop a competitive international financial centre.
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From M. Saraswathi
ADDIS ABABA, Nov 20 (Bernama) -- Ethiopia’s fully liberalised financial industry presents a promising opening for Malaysian banks, particularly in Islamic finance, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
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From M. Saraswathi
ADDIS ABABA, Nov 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted the vast potential of linking the African Continental Free Trade Area (AfCFTA) with the ASEAN market during his meeting with the Chairperson of the African Union Commission (AUC), Mahamoud Ali Youssouf, at his headquarters in Addis Ababa.
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From M. Saraswathi
ADDIS ABABA (Ethiopia), Nov 19 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has called on businesses in both Malaysia and Ethiopia to not waste time anymore but to beef up bilateral trade and investment ties in view of the disruptions and challenges in the international arena.
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KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia aspires to be the global benchmark for regulation, innovation and Islamic environmental, social and governance (ESG) as well as a centre of excellence for Islamic fintech (financial technology) and climate-oriented sukuk by 2040, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
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KUALA LUMPUR, Nov 18 (Bernama) -- The African continent’s rapid economic growth presents export opportunities for Malaysia to reduce reliance on traditional partners and possibly hedge itself against geopolitical uncertainties, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.
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KUCHING, Nov 17 (Bernama) -- The launch of the Islamic Banking Window by the Development Bank of Sarawak (DBOS) not only strengthens its financial offerings but also reinforces Sarawak’s commitment to inclusive, value-based development.
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GEORGE TOWN, Nov 16 (Bernama) -- Bank Negara Malaysia (BNM), together with enforcement agencies, will continue to strengthen the digital security system and expedite action through the National Scam Response Centre (NSRC) to ensure that financial fraud can be combated.
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From Mohd Hisham Abdul Rafar
SHANGHAI, Nov 6 (Bernama) -- Malaysia is setting a higher sales target of RM3 billion for the Malaysia International Halal Showcase (MIHAS)@Shanghai, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.