KPF Processes Share Capital Withdrawal Applications Totalling RM909.85 Mln From 2020-2025

KUALA LUMPUR, Dec 23 (Bernama) -- Koperasi Permodalan Felda Malaysia Bhd (KPF) has processed applications for the withdrawal of share capital amounting to RM909.85 million from 2020 to 2025, with full payments totalling RM543.6 million made for the years 2020 to 2023.

Sekatarakyat Launches RM2 Bln Wakalah Sukuk

PUTRAJAYA, Nov 20 (Bernama) -- Koperasi Kakitangan Bank Rakyat Bhd (Sekatarakyat) has entered into a collaboration with Bank Islam Malaysia Bhd through the issuance of RM2 billion worth of Wakalah Sukuk, marking the cooperative's inaugural entry into the Shariah-compliant capital market.

AIM Committed To Providing Shariah-compliant Financial Facilities

By Azli Shafii

TANAH MERAH, Sept 7 (Bernama) -- Amanah Ikhtiar Malaysia (AIM) is committed to expanding its Ikhtiar Ar-Rahnu service nationwide to provide takaful-protected, Shariah-compliant micro-financing facilities.

Bank Rakyat, PT Bathi Rakyat Abadi Team Up To Support Halal-based Businesses In Indonesia

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.

Bank Muamalat Launches Ar-Rahnu BIZ: Up To RM5 Mln In Financing Using Gold As Collateral

KUALA LUMPUR, July 11 (Bernama) -- Bank Muamalat Malaysia Bhd today introduced Ar-Rahnu BIZ, a new shariah-compliant financing product designed specifically for registered companies (Sdn Bhd and enterprises) seeking quick access to capital of up to RM5 million, secured with gold as collateral.

Agrobank Targets 70,000 New Accounts Under Mega Million 2.0 Campaign

MELAKA, June 24 (Bernama) -- Agrobank is targeting 70,000 new accounts and RM350 million in deposits under its Mega Million 2.0 campaign, launched in November last year.

Bank Muamalat's New Branch In Melaka Underscores Commitment To Expanding Islamic Banking

MELAKA, June 9 (Bernama) -- The opening of Bank Muamalat Malaysia Bhd’s new branch in Melaka, launched today, strengthens the bank’s commitment to expanding its Islamic banking network and services in the state.

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.

Ar-Rahnu Express Opens Kota Bharu Branch

KOTA BHARU, May 7 (Bernama) -- Ar-Rahnu Express, a shariah-compliant pawnshop brand under homegrown jeweller Habib Group, has launched its newest 10th branch at Mydin Tunjong here today. 

Agrobank Disburses Record Financing Of RM10.44 Bln In 2024

KUALA LUMPUR, March 26 (Bernama) -- Agrobank recorded its highest financing disbursement of RM10.44 billion and achieved outstanding performance across all sectors in 2024.

Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.

Jewellery Makers Continue To Shine Despite Soaring Gold Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's jewellery sector remains resilient, with robust demand continuing despite rising gold prices, largely fuelled by deep-rooted cultural appreciation for gold as both a symbol of wealth and a trusted investment or “safe haven” asset.