KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.
KUALA LUMPUR, Aug 28 (Bernama) -- Malayan Banking Bhd (Maybank) has completed the issuance of RM1.8 billion in subordinated Sukuk Murabahah under the RM30.0 billion Sukuk programme.
KUALA LUMPUR, Aug 20 (Bernama) -- Eco World Development Group Bhd’s wholly-owned subsidiary, Eco World Perpetual Capital Bhd, has established a rated Perpetual Sukuk Wakalah Programme with a nominal value of RM2.0 billion.
KUALA LUMPUR, Aug 20 (Bernama) -- StashAway Malaysia, a digital wealth management platform, is targeting RM80 million in investments within the next 12 months through its newly launched Shariah Global Portfolios, designed to offer Malaysians globally diversified Shariah-compliant investment solutions.
KUALA LUMPUR, Aug 19 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) and PT Bathi Rakyat Abadi today signed a Memorandum of Understanding (MoU) to collaborate on expanding Shariah-compliant financial solutions, namely Ar-Rahnu (Islamic pawn broking) services, and support the growth of halal-based businesses in Indonesia.
KUALA LUMPUR, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has issued Series 2 Sukuk Wakalah-Islamic Medium Term Notes Programme (IMTN), its inaugural Sustainability Sukuk Wakalah-IMTN, in aggregate of RM200 million in nominal value under the IMTN programme.
KUALA LUMPUR, Aug 14 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a Tier 2 subordinated sukuk programme of up to RM1 billion in nominal value based on the shariah principle of wakalah bi al-istithmar.
KUALA LUMPUR, Aug 7 (Bernama) – The growth of Islamic finance will be driven by greater connectivity across asset classes, geographies and generations -- and not just by compliance -- as a generational shift in investor demographics brings in younger, digital-native and value-conscious investors.
KUALA LUMPUR, Aug 4 (Bernama) -- Buy Now, Pay Later (BNPL) facilities remain under control, but regulatory measures are being strengthened to protect consumers through the Consumer Credit Act 2025 (CCA).
KUALA LUMPUR, Aug 4 (Bernama) -- Bank Muamalat Malaysia Bhd, in a strategic collaboration with Syarikat Takaful Malaysia Am Bhd (Takaful Malaysia Am), have introduced Malaysia’s first Cyber Takaful Protection available from as low as RM14.80 per year.
KUALA LUMPUR, July 30 (Bernama) -- UEM Sunrise Bhd has completed the issuance of Islamic medium-term notes (IMTNs) worth RM500 million under its existing IMTN programme.
KUALA LUMPUR, July 23 (Bernama) -- Manulife Investment Management (Manulife IM) has launched the Manulife Shariah Dynamic Leaders Fund, the firm’s first shariah-compliant global equity fund in Malaysia.
