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Corporate News 23 Jan 2017 | 12:00 AM Premium

Syarikat Takaful Malaysia finalising corporate structure

PETALING JAYA: Syarikat Takaful Malaysia Bhd, which is not discounting the possibility of a merger and acquisition (M&A), is in the midst of finalising its corporate structure in line with requirements under the Islamic Financial Services Act (IFSA) 2013.

Business 17 Sep 2016 | 12:00 AM Premium

Setting the benchmark

IN the evolving financial services industry (FSI), regulations for more independent directors and stringent corporate governance have made it crucial to have qualified and accountable directors on the boards of financial institutions.

Corporate News 24 Aug 2016 | 11:40 AM Premium

RHB Bank to assess opportunities in Indonesia

KUALA LUMPUR: RHB Bank Bhd, which saw its bid to acquire a stake in Indonesia's PT Bank Mestika Dharma Tbk fall through, is optimistic about the prospects in that country and and will assess the opportunities.

Banking 30 Apr 2016 | 12:00 AM Premium

MAA can advance with disposal of Takaful arm

MAA GROUP Bhd, which has been having funding issues despite being cash-rich, may have finally found a reprieve with the sale of its Takaful arm, MAA Takaful Bhd.

Corporate News 28 Jan 2016 | 7:04 AM Premium

Bank Negara sees need for more prudent regulation, supervision

KUALA LUMPUR: The global Islamic financial system is now operating at a time when the international economic and financial environment has become immensely more challenging, said Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz.

Business 25 May 2015 | 5:10 PM Premium

Depositors have investment or deposit option under IFSA 2013

KUALA LUMPUR: Depositors may now opt for either investment or deposit accounts under the Islamic Financial Services Act (IFSA) 2013.

Business 23 May 2015 | 12:00 AM Premium

Syarikat Takaful aims to keep high dividend payout

Islamic insurer says will disburse at least 50% of profit

Business 13 May 2015 | 12:00 AM Premium

STMB sets target

KUALA LUMPUR: Syarikat Takaful Malaysia Bhd (STMB), which is expecting a record year, is looking to acquire a takaful company over the next two years to strengthen its operations in the takaful space.

Economy 11 Apr 2015 | 12:00 AM Premium

Risks, calamities weigh on MNRB Holdings

Country’s sole reinsurer suffering from low valuations

Business 13 Oct 2014 | 10:15 AM Premium

BIMB Holdings downgraded to Neutral: RHB Research

KUALA LUMPUR: RHB Research has downgraded BIMB Holdings Bhd to Neutral from Buy, saying the bank’s outlook could be more complex than previous assumptions held.