AEON Bank (M) Bhd (formerly known as ACS Digital Bhd) has announced approval from the Bank Negara Malaysia (BNM) and the Ministry of Finance to commence its digital banking operations in Malaysia, positioning it as the first Islamic digital bank in the country. The approval wa...
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(US$80.02 million) MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM20.64 billion (US$4.71 billion) MALAYSIA: Malaysian property developer prints Shariah paper worth RM50 million (US$11.43 million) UAE: Economic zone in UAE partners with Islamic digital bank to provide Shariah ...
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Participants from Malaysia are AmBank Malaysia Bhd, Boost, CIMB Bank Bhd, Hong Leong Bank Bhd, Malayan Banking Bhd, Public Bank Bhd, Razer Merchant Services Sdn Bhd, TNG Digital Sdn Bhd and United Overseas Bank Malaysia Bhd. Participants from Singapore are DBS, OCBC and UOB....
The low interest rate environment in recent years has increased the capital buffers that insurers and takaful operators (ITOs) in Malaysia are required to hold against market risk exposures, says Bank Negara Malaysia (BNM) in its financial stability report for 2H2019 released last week....
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(US$8.53 million) for Q3 2024 BAHRAIN: Bahraini Islamic bank launches new digital portal for local businesses SAUDI ARABIA: Saudi regulator approves investment banking firm’s public offering of fund SAUDI ARABIA: Saudi investment company opens nominations for board of directors’ membership SAUDI ...
Pakistani Islamic bank partners with supply chain financing platform to offer digital financing MALAYSIA: Bank Negara Malaysia issues Islamic facility worth RM19.51 billion (US$4.38 billion) BANGLADESH: Bangladesh Bank offers Islamic Banks Liquidity facilities TURKIYE: Turkish government issues two-year fixe...
MALAYSIA: Bank Negara Malaysia (BNM) has sold one Money Market Tender Qard (MMTQ) facility, one MMTQ Islamic range maturity facility and two Money Market Tender Murabahah-Murabahah Acceptance paper for the total amount of RM13.99 billion (US$3.6 billion)