News Briefs

News Brief

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

Capital Markets

The silver lining: Domestic Sukuk landscape buoyant in Q1 2017 thanks to US Fed rate hike

Despite a weaker ringgit and an overall gloomy 2016, the first three months of 2017 brought good news for the Islamic capital market industry. Latest figures from RAM Ratings show that in addition to Shariah compliant issuances leading the...


IAs and trade finance to prop declining Shariah banking growth

In the central bank’s Financial Stability and Payment System Report published earlier this year, the regulator noted that Islamic banking assets grew 8.3% in 2016, the first time the asset expansion rate has slipped into single-digit zone (growth...


Bank Negara Malaysia lifts reserve fund requirement for Islamic banks

Islamic banks no longer need to set aside a certain percentage of their net profits as buffers, effectively freeing up funds to reward shareholders, a move seen as a demonstration of the regulator’s confidence in the capital buffer levels of...


Islamic robo-advisors soon a reality

A year in the making, the Securities Commission Malaysia (SC) has finally rolled out its much-awaited Digital Investment Management framework, effectively regulating automated discretionary portfolio management services offered to the mass. ...

Case Study

RHB Islamic gains favorable pricing for Sukuk

Ending a 35-month drought, RHB Islamic returned to the Shariah capital market last month with a RM250 million (US$58.17 million) offering which proved a big hit among asset managers. MY Islamic Finance takes a closer look at the deal. RHB...

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...


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...

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...