![BNM: Islamic financial sector must continue to advance amid global challenges BNM: Islamic financial sector must continue to advance amid global challenges](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-08/51660280083_TBbnm.jpg)
BNM: Islamic financial sector must continue to advance amid global challenges
Nor Shamsiah said VBI has become more entrenched in the corporate value intent and business strategies of Islamic financial institutions.
Wed Oct 05 2022
![PM recommends establishment of Syariah Compliant Commission PM recommends establishment of Syariah Compliant Commission](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-05/41653889707_PerdanaMenteriDatu.jpg)
PM recommends establishment of Syariah Compliant Commission
Ismail Sabri said currently, the existing regulatory proposal is more limited to the Islamic financial sector through Bank Negara.
Mon May 30 2022
![Halal businesses urged to seize opportunities to rebound as economy recovers Halal businesses urged to seize opportunities to rebound as economy recovers](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-09/41631186297_ShaikAbdul.jpg)
Halal businesses urged to seize opportunities to rebound as economy recovers
The halal industry would stand to benefit as Islamic financial institutions had developed into mature institutions.
Thu Sep 09 2021
![BNM receives 29 applications for digital banking licenses BNM receives 29 applications for digital banking licenses](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-04/41585891222_BankNegaraMalaysia.jpg)
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
![Islamic Finance supports UN's SDG initiatives - World Bank Islamic Finance supports UN's SDG initiatives - World Bank](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-06/81591609261_FirasRaad.jpg)
Islamic Finance supports UN's SDG initiatives - World Bank
Raad said Islamic financial instruments can be used to mobilise resources for financing the recovery and rebooting of economies.
Tue Mar 09 2021
![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
![Maybank Islamic named Best Global Islamic Financial Institution 2017 Maybank Islamic named Best Global Islamic Financial Institution 2017](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2017-10/41508235293_TBDatukRafiqueMerica.jpg)
Maybank Islamic named Best Global Islamic Financial Institution 2017
It was also recognised as the Best Global Sukuk Bank and Best Global Provider of Shariah-Compliant Short-Term Investments.
Tue Oct 17 2017
![Malaysia-Bahrain should lead world's first Islamic Fintech Malaysia-Bahrain should lead world's first Islamic Fintech](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-06/81465976813_WangRinggit.jpg)
Malaysia-Bahrain should lead world's first Islamic Fintech
Malaysia and Bahrain, two leading Islamic financial hubs in the world, should take the lead in exploring the potential of Fintect.
Mon Dec 12 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
![Fintech kunci pertumbuhan kewangan Islam - Gabenor BNM Fintech kunci pertumbuhan kewangan Islam - Gabenor BNM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-06/71435469142_ISLAMICBANKING.jpg)
Fintech kunci pertumbuhan kewangan Islam - Gabenor BNM
Gabenor bank pusat, Datuk Muhammad Ibrahim berkata teknologi kewangan (Fintech) bakal menjadi fasa pertumbuhan seterusnya kewangan Islam Malaysia dan global.
Wed May 11 2016
![Govt to review need to have law to curb abuse of 'shariah-compliant' term Govt to review need to have law to curb abuse of 'shariah-compliant' term](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-08/61440220566_AsyrafWajdiDusuki.jpg)
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 authorised under Financial Services Act to take action](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-08/41440469237_BANKNEGARA.jpg)
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
![GIFA awarded Agrobank for upholding shariah principles GIFA awarded Agrobank for upholding shariah principles](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-10/81443629807_GIFAAward.jpg)
GIFA awarded Agrobank for upholding shariah principles
GIFA awarded agriculture-centred Agrobank for upholding shariah-compliant banking and elevating Malaysia in its efforts to be established as a global Islamic financial hub.
Wed Sep 30 2015
![Maybank Islamic expects customers to switch to Mudarabah Investment Account Maybank Islamic expects customers to switch to Mudarabah Investment Account](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-01/41420190768_295x200.jpg)
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
![Vantage Point: Malaysia as an International Islamic financial centre Vantage Point: Malaysia as an International Islamic financial centre](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2013-06/61371443112_295x200.jpg)
Vantage Point: Malaysia as an International Islamic financial centre
Rizal Zulkapli talks to Ashar Nazim, Partner, Islamic Banking Excellence Center, Ernst & Young Middle East and South Africa.
Mon Aug 19 2013