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PETALING JAYA: The US Department of Justice (DOJ) has remitted RM1.9bil in seized 1Malaysia Development Berhad (1MDB) funds to the government, says the Finance Ministry.
KUALA LUMPUR: The government should set a ceiling on its debt guarantees by taking into account its financial standings, says Auditor-General Datuk Nik Azman Nik Abdul Majid.
(Reuters) - The Bahrain-based International Islamic Financial Market (IIFM) launched a standard contract template for sharia compliant cross currency swaps on Thursday, as the industry body seeks to enhance use of hedging tools in the sector.
KABUL (Reuters) - Afghanistan, which has only a semblance of a capital market, intends to sell Islamic bonds as it braces for a possible sharp fall in Western financial support as the war against the Taliban winds down, a senior central bank official said this week.