Takaful

Takaful operators bracing for slower growth as new regulations come into effect in July

It has been an interesting month for the Islamic insurance sector: while one player is mulling offloading its Takaful business, others are keen to build their Takaful proposition on the back of more favorable growth prospects over the conventional...


Case Study

Digi makes the right call with debut Sukuk

Telco giant Digi.Com has finally gone online with its first ever Sukuk, joining rivals Maxis and Celcom in the corporate Sukuk club. The Malaysian Sukuk market is familiar with telco Sukuk: Celcom flooded the market in 2012 with what was then...


FinTech

Regional domination: Malaysian firms riding the Islamic fintech wave into ASEAN

Conventional and Islamic financial companies are leveraging on Islamic fintech to enhance their business proposition and market reach as these Malaysian firms set their eyes on regional expansion. Come September Tawarruq commodity trading...


Regulatory

Regulators set rules for Islamic collateral and begin regulating clearing

Bank Negara Malaysia (BNM) has received industry feedback on its exposure draft on Rahn and expects to implement the new guidelines 18 months after the finalized policy document is issued; while Securities Commission Malaysia (SC) has officially...


Asset Management

Islamic fund managers moving fast during Ramadan

Contrary to what one may intuitively expect from a month of fasting, Islamic asset management activities have not slowed down; in fact, activities have spiked up spurred by fund managers eager to feed the market with new products. Over the last...


Banking

Diverge or converge – tectonic shifts for Islamic banks

The Malaysian Islamic banking landscape could look dramatically different in the next few months as banks begin merger negotiations in an attempt to strengthen their balance sheet and distribution network to survive in an increasingly competitive...


Cover Story

It’s greener on the Sukuk side

The Islamic equity capital market was going through a rough patch while the debt capital landscape is looking rosy as issuers plant the seed for green Sukuk. Debt capital market Malaysia could finally see its first offering of a sustainable and...


Cover Story

Islamic ETFs: Turning the corner?

Trying to breathe new life into the dull exchange-traded fund (ETF) market, Securities Commission Malaysia (SC) is finally taking concrete measures to invigorate the lackluster asset class with new bold reforms, which some would say have been long...


Takaful

Digital re-Takaful signal change in insurance landscape triggered by fintech boom

Digital insurer Tune Protect Group (TPG) is eyeing the Shariah compliant reinsurance market, an underserved segment with promising potential and simultaneously, its own unique set of challenges. The re-Takaful market is not an easy market. In...


Asset Management

Islamic investment managers gain diversification advantage into lucrative sector

Islamic investors are now able to gain greater exposure to quality mid and small-cap stocks, broadening the portfolio mix and increasing opportunities for better returns. Bursa Malaysia has launched the FTSE Bursa Malaysia MidS Cap Shariah Index...