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Business 01 Jun 2015 | 4:43 PM Premium

Bank Islam eyes RM2bil fund size

KUALA LUMPUR: Bank Islam (M) Bhd is aiming for a fund size of RM2 billion for the newly launched Waheed Investment Account (WIA Wakalah) and Special Investment Account(Mudarabah) products under the Term Investment Account over the next six months.

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.

Business 12 May 2015 | 1:33 PM Premium

Takaful Malaysia on acquisition trail

KUALA LUMPUR: Syarikat Takaful Malaysia Bhd is hoping to acquire a local Takaful company over the next two years in a bid to strengthen its operations in the Takaful space in line with the Islamic Financial Services Act (IFSA ) 2013.

Business 22 Apr 2015 | 1:15 PM Premium

MNRB gets BNM nod for general, family retakaful biz

KUALA LUMPUR: MNRB Holdings Bhd’s unit Malaysian Reinsurance Bhd has received Bank Negara Malaysia’s approval to conduct general and family retakaful business.

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.

Business 10 Oct 2014 | 6:46 PM Premium

2015 Budget reactions from banking groups, ratings agency, EPF (Update):

Comments from banking groups, ratings agencies, EPF

Banking 29 Sep 2014 | 12:00 AM Premium

Single licence for financial advisers soon

PETALING JAYA: The long-awaited single licensing framework for the local financial advisory services, similar to that of Singapore, is a step closer to fruition.