1m ago
KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.
1m ago
KUALA LUMPUR, May 11 (Bernama) -- Pos Malaysia Bhd’s wholly-owned subsidiary, Pos Ar-Rahnu, has secured a short-term revolving credit-i facility of up to RM100 million from Maybank Islamic Bhd.
6m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 25 (Bernama) -- For most Malaysian households, surging global gold prices are more than a tale of market speculation. They act as a financial safeguard, as the value of jewellery and accumulated gold holdings rises, easing household pressures and strengthening family resilience amid the rising cost of living.
6m ago
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.
7m ago
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.
9m ago
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.
10m ago
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.
11m ago
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.
1y ago
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.
1y ago
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.
1y ago
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.
1y ago
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.