BNM receives 29 applications for digital banking licenses
Bank Negara Malaysia (BNM) has received a total of 29 applications for digital bank licenses under the Financial Services Act 2013 and the Islamic Financial Services Act 2013.
Fri Jul 02 2021
Govt to review need to have law to curb abuse of 'shariah-compliant' term
Currently, Malaysia only have the Islamic Financial Services Act 2013 and the Securities Commission of Malaysia Act 1993 for shariah issues relating to banking and capital markets.
Thu Nov 12 2015
Bank Negara authorised under Financial Services Act to take action
Bank Negara Malaysia would take enforcement actions on parties found to have transgressed or have not complied with rules and regulations issued under the Financial Services Act.
Tue Oct 20 2015
Maybank Islamic expects customers to switch to Mudarabah Investment Account
Maybank Islamic Bhd expects the bulk of its Mudarabah deposit account holders to reclassify their accounts to Mudarabah Investment Account.
Wed Apr 22 2015