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IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln

KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.

Gold Futures End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.

Ringgit Maintains Stronger Footing At The Close

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist. 

18th Global Citizenship Conference To Kick Off In Singapore

KUALA LUMPUR, Nov 5 (Bernama) -- More than 400 delegates from over 50 countries are expected to attend the 18th annual Global Citizenship Conference, which takes place from Nov  27 to 29 in Singapore.

Bursa Malaysia Reverses Early Losses To End Higher Ahead Of MPC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.

Walee Group’s Financing Product Nominated For 2024 Singapore FinTech Excellence Awards

KUALA LUMPUR, Nov 5 (Bernama) -- Walee Group announced that Hakeem, the flagship Islamic Nano-financing product of its financial services division, “Walee Financial Services”, has been nominated for the 2024 Singapore FinTech Festival - FinTech Excellence Awards.

Investor Confidence In Thai Stock Market Strong Amid Stimulus, Rate Cut - FETCO

BANGKOK, Nov 5 (Bernama) -- Investor confidence in Thailand’s stock market remained strong in October, supported by the government's economic stimulus package and the Bank of Thailand's recent policy rate cut, according to the Federation of Thai Capital Market Organizations (FETCO).

Islamic Finance set to revitalise the economy with three core principles - BNM

KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).

Bursa Malaysia Opens Lower

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight decline as investors remained cautious ahead of the United States presidential election today.

Chinese Investors Eye Opportunities In Labuan -- Zaliha Mustafa

LABUAN, Nov 4 (Bernama) -- Several industrial firms in China are eyeing investment opportunities in Labuan, particularly within the island's financial and development sectors. 

U Mobile's Selection As Second 5G Provider Set To Boost Competition In Malaysia's Telecom Sector - Analyst

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 4 (Bernama) -- U Mobile Sdn Bhd is envisioned to compete more robustly and narrow the gap with other major players in the country, creating a more equitable landscape in Malaysia's telecommunications sector.

Bursa Malaysia Ends Higher Lifted By Plantation, Construction Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.