INSKEN Aims To Train 25,000 Micro Entrepreneurs This Year
PUTRAJAYA, April 15 (Bernama) – Institut Keusahawanan Negara Bhd (INSKEN) aims to assist 25,000 entrepreneurs nationwide through 198 training and mentoring programmes this year.
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Maybank Launches Global Access For Seamless, Shariah-compliant International Banking
KUALA LUMPUR, April 14 (Bernama) -- The Maybank Group has launched Maybank Global Access, a solution that seamlessly integrates a Shariah-compliant multi-currency account called the Global Access Account-i with the Maybank Global Access Mastercard World debit card.
PHB Group Declares 2.50 Sen Interim Income Distribution For AHB
KUALA LUMPUR, April 8 (Bernama) -- Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.
Preparatory Meetings Underway For 12th ASEAN Finance Ministers And Central Bank Governors' Meeting
KUALA LUMPUR, April 7 (Bernama) -- Preparatory meetings for the 12th ASEAN Finance Ministers and Central Bank Governors' Meeting (AFMGM) began this morning as senior officials commence finalising documents for their ministers to discuss later this week, with a clear emphasis on enhancing regional financial integration.
Bank Islam Issues Seventh Tranche Of RM250 Mln Sukuk Murabahah
KUALA LUMPUR, March 24 (Bernama) -- Bank Islam Malaysia Bhd has issued its seventh tranche of RM250 million Subordinated Sukuk Murabahah under its RM10 billion Sukuk Murabahah Programme.
AmBank Islamic Grants RM180 Mln Financing To Nextgreen For Technology Park Expansion
KUALA LUMPUR, March 21 (Bernama) -- AmBank Islamic Bhd has granted up to RM180 million in financing facilities to Nextgreen Global Bhd’s subsidiary, Ultimate Ivory Sdn Bhd, to fund land reclamation, infrastructure development and utilities for Nextgreen’s Green Technology Park (GTP) in Pahang.
Banking Sector Remains Bullish; Dividend Expected At 5.0-6.0 Pct
KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
IILM: US$710 Mln Short-term Sukuk Oversubscribed By 2.15 Times
KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.
Maybank Appoints Malique Firdauz As Acting Group CFO
KUALA LUMPUR, Feb 17 (Bernama) -- Maybank announces the appointment of Malique Firdauz Ahmad Sidique as acting group chief financial officer (CFO) effective today.
BIMB Holdings Partners RELDYN To Advance Shariah-compliant Digital Finance
KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd’s wholly owned subsidiary, BIMB Holdings Sdn Bhd, has partnered with RELDYN Tech Sdn Bhd to advance the Shariah-compliant digital finance landscape.
Citaglobal Unit Buying Land At Jalan Tun Razak, Kuala Lumpur, For RM73 Mln
KUALA LUMPUR, Jan 31 (Bernama) -- Citaglobal Bhd, through wholly-owned subsidiary Sinergi Dayang Sdn Bhd, is acquiring a piece of land measuring 6,410 sq metres (0.63 hectare) at Jalan Tun Razak, Kuala Lumpur, for RM73 million.
BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).