Cover Story

Saudi Arabia and Malaysia: Opening new Islamic finance doors?

Lavish gifts, huge cargo and his massive entourage aside, King Salman’s visit to Asia, particularly Malaysia, has been described as the mark of a new era in Malaysian-Saudi relations. But, VINEETA TAN asks, do the renewed ties between the two...

Capital Markets

Shariah compliant instruments continue to dominate capital markets

The Securities Commission Malaysia (SC) recently announced the country’s capital market performance and highlights for 2016. So how has the year 2016 been for the RM2.84 trillion (US$637.94 billion)-worth capital market? In total, Malaysia’s...


Volatility in construction, finance and insurance sectors adversely impacts Islamic banking asset quality

Malaysian banks – both conventional and Islamic – have not been immune to the macroeconomic pressures of the Brexit vote, the election of Donald Trump as the US president, spiraling Asian currencies and a widespread slowdown in global economic...

Asset Management

ETFs finally catching the attention of regulator

The exchange-traded fund (ETF) industry has, for the most part, been neglected in Malaysia as pundits would say; however, things are changing as the regulator begins to take note of the potential (and demand) for this asset class and the crucial...


Revised framework boosts Islamic banking risk management practices

Bank Negara Malaysia (BNM) recently revisited the requirements on the use of internal estimates for effective maturity under the Foundation Internal Rating-Based (IRB) Approach, which came into effect on the 2nd March under the revised Capital...


Takaful operators hunt for new business in new markets

Competition in the Islamic insurance space is heating up as Takaful operators roll out one product after another in order to both widen their existing market base and capture new business. Expanding beyond the coverage for the general population...


BNM exploring critical enablers to bolster fintech infrastructure

Bank Negara Malaysia (BNM) is working on several initiatives to bolster its fintech infrastructure in order to maximize opportunities; these include efforts to leverage on its global Islamic finance leadership in order to attract fintech companies...

Case Study

Cagamas’ SG$50 Million Sukuk: One step ahead

The Sukuk market has been predicted by S&P to be relatively slower this year compared with the last; the reason being the complexity of structuring the issuance itself. Despite that, Cagamas has again made one step forward in the Islamic...

News Briefs

News Briefs

A roundup of the latest Islamic finance news in Malaysia and from around the world with a direct impact on the Malaysian market.