KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.
KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) plans to issue a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year, outlining shariah and regulatory requirements to unlock the full potential of the industry in fostering financial resilience and inclusion.
KUALA LUMPUR, July 1 (Bernama) -- Bank Islam Malaysia Bhd has launched the Ihsan Sustainability Investment Account (ISIA) 3.0, the third version of its pioneering Shariah-compliant investment offering.
By Karina Imran
KUALA LUMPUR, Feb 12 (Bernama) -- The concept of “green halal”, despite being unfamiliar to many, plays a vital role in driving business growth by merging halal and sustainable practices, said Alliance Islamic Bank Bhd (AIS).
KUALA LUMPUR, Jan 10 (Bernama) -- The Employees Provident Fund (EPF) has introduced two key features for its Simpanan Shariah that will provide faster access and flexibility for members effective April 1, 2025.
KUALA LUMPUR, Nov 4 (Bernama) -- Walee Financial Services Pvt Ltd has introduced Pakistan’s first Islamic nano-financing product, offering interest-free (riba-free) nano-finance through a unique commodity-based trade structure under its fintech brand Hakeem.
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.
