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Business 08 Mar 2013 | 12:00 AM Premium

Financial Services Act to spark new insurance company mergers?

PETALING JAYA: Will the soon-to-be-gazetted Financial Services Act (FSA) and Islamic Financial Services Act (IFSA) spark another round of consolidation among domestic insurers?

Business 12 Dec 2013 | 12:00 AM Premium

Further takaful sector consolidation expected

KUALA LUMPUR: The takaful segment may see further consolidation due to the Islamic Financial Services Act (IFSA) that requires composite takaful providers to segregate their family and general units under separate licences, says Great Eastern Takaful Bhd chief executive officer Zafri Abdul Halim.

Banking 26 May 2014 | 12:00 AM Premium

Merger and acquisition in takaful sector

PETALING JAYA: Islamic insurers, lagging behind the merger and acquisition (M&A) scenario, are likely to see some consolidation.

Business 13 Jul 2013 | 7:21 AM Premium

Report: Malaysia's Islamic Finance Overhaul Boosts Protection For Depositors

KUALA LUMPUR/DUBAI: New laws governing Malaysia's Islamic finance sector will boost protection for depositors by making religious advisers legally accountable for financial products, and liable to steep fines and prison time for wrongdoing.

Banking 23 Dec 2013 | 2:15 PM Premium

Infrastructure projects to boost Malaysia's lead role in Sukuk mart

KUALA LUMPUR: The infrastructure projects to be launched in Asean and the Middle East and North Africa (Mena) regions will continue to put Malaysia as the champion in the sukuk market next year, said CIMB Islamic Bank Bhd.

Business 13 Apr 2019 | 12:00 AM Premium

Should MAA’s selective capital reduction be priced higher?

WHEN it was announced that MAA Group Bhd’s major shareholders were looking to take the company private, investors were, understandably, very enthusiastic.

Business 13 Apr 2019 | 12:00 AM Premium

Should MAA’s selective capital reduction be priced higher?

WHEN it was announced that MAA Group Bhd’s major shareholders were looking to take the company private, investors were, understandably, very enthusiastic.