Maybank launches new syariah-compliant fund
Malayan Banking Bhd (Maybank) is extending its chief investment office-led (CIO) investment approach into syariah-compliant investing, as its group wealth management business surpassed RM565.21bil in total financial assets, supported by strong momentum in Islamic wealth management.
S&P expects strong growth for Islamic banking sector
Malaysia's Islamic financing will account for nearly half of the banking sector's total financing by 2030 versus 42% as of the end of 2024, S&P Global Ratings says.
Maybank GWM financial assets hit RM565bil on Islamic wealth strong momentum
KUALA LUMPUR: Maybank Group Wealth Management's (GWM) total financial assets exceeded RM565 billion as of September 2025, underpinned by strong momentum in Islamic wealth management.
Aibim appoints Rafe Haneef as president
KUALA LUMPUR: The Association of Islamic Banking and Financial Institutions Malaysia (Aibim) has appointed MBSB Bank Bhd's group chief executive officer Rafe Haneef as president effective Jan 1, 2026.
Financial scams surge ahead of Tet
HANOI: As the Lunar New Year (Tet) approaches, financial and banking scams in Vietnam are showing a sharp upward trend, prompting banks and law enforcement agencies to issue repeated warnings.
AIBIM appoints Rafe Haneef as president
KUALA LUMPUR: Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) has appointed MBSB Bank Bhd's group chief executive officer Rafe Haneef as president effective Jan 1, 2026.
JPMorgan poised to profit from Maduro arrest
HOUSTON: The United States' involvement in Venezuela's oil sector offers a potential opportunity for international banks, with JPMorgan Chase in an advantageous spot due to its history in the country and past involvement with international trade financing.
Thai central bank to expand authority to scrutinise online gold trading, governor says
BANGKOK: Thailand will expand the authority of its central bank in order to better supervise online gold trading, the bank's governor Vitai Ratanakorn said on Friday.
Gold price surge helps Swiss National Bank make US$33bil profit
ZURICH: The Swiss National Bank made a profit of around 26 billion Swiss francs ($32.52 billion) in 2025, the central bank said on Friday, thanks to big increases in gold prices as investors headed for safe-havens assets last year.
Exim Bank Malaysia inks tripartite MOUs with Turkish firms to boost bilateral trade, investment ties
KUALA LUMPUR: The signing of three partnerships between EXIM Bank Malaysia and Turkish companies has further reinforced bilateral trade and investment collaboration, while supporting the international expansion of Malaysian companies in line with Malaysia's broader industrial and trade diversification objectives.
