![Banks to offer six-month moratorium from July 7, say ABM, AIBIM Banks to offer six-month moratorium from July 7, say ABM, AIBIM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-03/81584698828_ABM.jpg)
Banks to offer six-month moratorium from July 7, say ABM, AIBIM
The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) member banks will be offering a six-month moratorium from July 7.
Tue Jun 29 2021
![98 pct approval rate for borrowers seeking targeted repayment assistance 98 pct approval rate for borrowers seeking targeted repayment assistance](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-08/41596537540_Bajet.jpg)
98 pct approval rate for borrowers seeking targeted repayment assistance
Banks remain committed to support affected borrowers/customers as the targeted moratorium phase begins today.
Thu Oct 01 2020
![Malaysia's Maybank second-quarter profit drops 52 per cent Malaysia's Maybank second-quarter profit drops 52 per cent](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-08/51598508165_KUALALUMPUR.jpg)
Malaysia's Maybank second-quarter profit drops 52 per cent
Maybank's net profit for the April-June period was RM942 million ($225.95 million) compared with RM1.9 billion a year ago.
Thu Aug 27 2020
![Malaysia holds special importance for the leadership of Kazakhstan Malaysia holds special importance for the leadership of Kazakhstan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2020-06/51592299795_KazakhPresidentKas.jpg)
Malaysia holds special importance for the leadership of Kazakhstan
Kazakhstan and Malaysia cooperate in priority sectors such as Islamic banking, the halal industry, oil and gas, infrastructure, green technologies and many more.
Tue Jun 16 2020
!['Hibah' best tool to resolve Muslim inheritance issues - Experts 'Hibah' best tool to resolve Muslim inheritance issues - Experts](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2020-06/81591680268_FaraidGeneric.jpg)
'Hibah' best tool to resolve Muslim inheritance issues - Experts
Many Malays are still not aware of the importance of naming the heirs to their estate beforehand.
Tue Jun 09 2020
![Hong Leong Bank Bhd eyes 5pc loan growth for FY19 Hong Leong Bank Bhd eyes 5pc loan growth for FY19](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2019-02/61551184478_HongLeong.jpg)
Hong Leong Bank Bhd eyes 5pc loan growth for FY19
Mostly driven by the retail and business banking segments, Hong Leong Bank Bhd foresees to achieve loan growth of more than 5 per cent for financial year ending June 30, 2019.
Tue Feb 26 2019
![CIMB's Rafe Haneef: Steering the Once Fastest Growing Islamic Bank, Away From the Dreaded 'Plateau' CIMB's Rafe Haneef: Steering the Once Fastest Growing Islamic Bank, Away From the Dreaded 'Plateau'](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2019-12/71577184301_awani-review.jpg)
CIMB's Rafe Haneef: Steering the Once Fastest Growing Islamic Bank, Away From the Dreaded 'Plateau'
Cooling growth and stabilising earnings in Islamic banking points to a plateauing of prospects after a heady performance in the roaring noughties.
Mon Mar 19 2018
![CIMB expects sovereigns to issue green Islamic bonds in 2018 CIMB expects sovereigns to issue green Islamic bonds in 2018](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2018-02/71517909180_RafeHaneef.jpg)
CIMB expects sovereigns to issue green Islamic bonds in 2018
More than one sovereign could tap the Islamic bond market to raise funds for climate-friendly investments, Rafe Haneef, Chief Executive of CIMB's Islamic banking arm told Reuters in an interview.
Tue Feb 06 2018
![Puncak Niaga's sub-subsidiary executes agreement on RM290 mln Islamic banking facility Puncak Niaga's sub-subsidiary executes agreement on RM290 mln Islamic banking facility](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-03/51457326717_BURSAMALAYSIA.jpg)
Puncak Niaga's sub-subsidiary executes agreement on RM290 mln Islamic banking facility
In a filing to Bursa Malaysia today, PNHB said, the facilities would enable DSSB to refinance its existing outstanding banking facilities.
Thu Oct 19 2017
![It's time for Islamic banks to consider mergers, says banker It's time for Islamic banks to consider mergers, says banker](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2017-05/81495952822_DSZukriSamat.jpg)
It's time for Islamic banks to consider mergers, says banker
The merger of Islamic banking units in Malaysia is crucial as the market is becoming overcrowded with the players hungry for growth, outgoing BIMB Holdings Bhd Group CEO Datuk Seri Zukri Samat said.
Sun May 28 2017
![Islamic banking M&A plausible, says AllianceDBS Islamic banking M&A plausible, says AllianceDBS](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-09/61442225665_bankislam.jpg)
Islamic banking M&A plausible, says AllianceDBS
Potential M&A candidates include the Malaysia Building Society Bhd (MBSB), and Bank Muamalat Malaysia Bhd (Muamalat), it said in a statement today.
Mon Feb 20 2017
![Retailers, cardholders need to switch to PIN-enabled terminal, card soonest Retailers, cardholders need to switch to PIN-enabled terminal, card soonest](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-11/71479271803_onlineshopping.jpg)
Retailers, cardholders need to switch to PIN-enabled terminal, card soonest
Using PIN is a more secure, convenient and faster way to pay compared with using signature and card payments without PIN.
Tue Dec 13 2016
![Melaka aims to become Islamic banking hub in 5-10 years Melaka aims to become Islamic banking hub in 5-10 years](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-05/81462277663_IdrisHaron.jpg)
Melaka aims to become Islamic banking hub in 5-10 years
The Melaka state government intends to develop the state as a hub for international Islamic banking in five to 10 years' time, said Chief Minister Datuk Seri Idris Haron.
Tue Dec 06 2016
![Zahid: Islamic banking assets now at 27 PCT of Malaysia total banking system Zahid: Islamic banking assets now at 27 PCT of Malaysia total banking system](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-11/81479705384_DSZahidHamidi.jpg)
Zahid: Islamic banking assets now at 27 PCT of Malaysia total banking system
Islamic banking assets now stand at 27 per cent of Malaysia's total banking system, while Takaful penetration amounts to 14.8 per cent of the population, said Datuk Seri Ahmad Zahid Hamidi.
Mon Nov 21 2016
![Bank Islam sees good response to Islamic banking and finance Bank Islam sees good response to Islamic banking and finance](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-09/61442225665_bankislam.jpg)
Bank Islam sees good response to Islamic banking and finance
Acceptance of the Islamic system will continue to grow due to customers' return considerations on Islamic financial products.
Sat Nov 05 2016