Islamic Finance
Affin Bank Group presented RM1 million to the Covid-19 fund at the Ministry of Defence. (From left to right) Secretary General of the Ministry of Defence, Datuk Muez Abd Aziz; Senior Minister (Defence), Datuk Seri Ismail Sabri Yaakob; Chairman of Affin Bank Berhad, Datuk Agil Natt; and Group CEO Affin Bank Berhad, Wan Razly Abdullah Wan Ali.

AFFIN Bank Group contributes RM1 mil to Covid-19 fund

AFFIN Bank Group contributed RM1 million to the government’s Covid-19 Fund as part of its corporate responsibility initiative to support the ...

No compound interest / profit on deferred loans for SME and individuals

AmBank and AmBank Islamic Customers to Benefit From No Interest/Profit & Principal Payments for 6 Months Effective 1 April 2020.
As we face the ...

AmBank Approves Special Help for SMEs and Malaysians Within 24-Hours

AmBank has prioritised providing relief to customers who are impacted by the circumstances surrounding the COVID-19 pandemic. We continue to offer ...

Cagamas-AIM provides aid for B40 single mother entrepreneurs

by TMR
CAGAMAS Berhad (Cagamas), the National Mortgage Corporation of Malaysia, is providing support to single-mother entrepreneurs within the B40 ...

EXIM Bank Malaysia Set to Aid COVID-19 affected Clients

Kuala Lumpur, 14 February 2020 – Export-Import Bank of Malaysia Berhad (“EXIM Bank”) joins an array of caring banks offering assistance to clients who have ...

AmBank allows for temporary deferment or restructuring of instalment repayments for customers affected by the Novel Coronavirus (2019-nCoV)

by TMR/ pic by MUHD AMIN NAHARUL
AMBANK Group will offer temporary deferment or restructuring of instalment repayments for its individual and SME ...

Global Islamic finance growth slows to 3% in 2018

Despite the slower growth, total assets across the industry grew to RM10.3t in 2018 from RM10t previously
by HARIZAH KAMEL / pic by BLOOMBERG ISLAMIC ...

After Aramco’s record IPO, traders now ask how to short shares

by BLOOMBERG / pic by BLOOMBERG
NEW YORK • Shares of Saudi Arabian Oil Co (Saudi Aramco) have shot up 10% since its record-setting US$25.6 billion ...

Islamic banks could benefit from digital banking, say experts

Lenders will do well in embracing digitalisation, as having access to customer data allows banks to mine data, employ data algorithms
by SHAZNI ONG / ...

Islamic banks ready to support SMEs

In September, during the National Entrepreneurship Week, Islamic banks granted RM20b worth of financing access, says AIBIM acting ED
By HARIZAH KAMEL / ...

Islamic finance sector to benefit from rapid family takaful growth

The family takaful certificate in force is forecast to reach 14.3m in comparison to 13.8m for life insurance
by SHAZNI ONG/ pic by MUHD AMIN NAHARUL ...

Better showing for listed standalone Islamic financial groups

BHB and MBSB are the only 2 standalone Shariah-compliant financial institutions listed on Bursa
by MARK RAO / pic by MUHD AMIN NAHARUL LOCAL Islamic ...