BNM Appoints Ahmad Fauwaz Fadzil To Shariah Advisory Council

KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Ahmad Fauwaz Fadzil as a new member of the Shariah Advisory Council (SAC) for a two-year term, effective Nov 1, 2026.

Ringgit Opens Higher Against US Dollar On Expectations Of OPR Normalisation

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting next week.

Total RM3.8 Bln Financing Approved To Benefit About 6,800 SME Accounts

KUALA LUMPUR, Oct 28 (Bernama) -- Financing totalling RM3.8 billion under Bank Negara Malaysia’s (BNM) SME Stabilisation Relief Facility (SME SRF) has been approved as at Sept 30, 2026, benefiting more than 6,800 small and medium enterprise (SME) accounts.

BNM Imposes Penalties On Three Entities For Anti-money Laundering, Terrorism Breaches

KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) of RM276,000 each on AmBank (M) Bhd and AmBank Islamic Bhd for failing to submit cash threshold reports (CTR) promptly. 

Ringgit Opens Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia’s resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.

BNM, ISDB Discuss Future Collaboration On Islamic Finance, Sustainable Development

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM)’s governor Datuk Seri Abdul Rasheed Ghaffour has met with the Islamic Development Bank (IsDB) group chairman Dr Muhammad Al Jasser to discuss ongoing and future collaboration between the two parties.

New Financial Sector Blueprint Eyes Bigger Role For Islamic Finance In Malaysia’s Economic Transformation -- BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM) wants Islamic financial institutions to play a greater role in financing the country's next phase of economic transformation, an aspiration that would be reflected in the financial sector blueprint planned in 2027.

BNM's New Electronic Trading Platforms Framework To Replace 2019 Policy On Nov 1

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM) has issued a new Framework for Electronic Trading Platforms (ETP), which will replace the existing 2019 framework effective Nov 1, 2026.

Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact – BNM Governor

By M.Saraswathi and Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s Islamic finance industry is evolving beyond traditional banking to play a wider role in people’s lives and the economy, from helping microentrepreneurs build sustainable businesses to enabling small and medium enterprises (SMEs) to enter global markets. 

MyCoverageOKU Facilitates Persons With Disabilities' Access To Insurance, Takaful Info

SHAH ALAM, Oct 24 (Bernama) -- The country’s insurance and takaful industry continues to increase efforts to promote financial inclusion through the launch of MyCoverageOKU, a digital platform that provides easier access to information for persons with disabilities (PwD).

Repayment Deferments Extended To Nepal-China Flood Victims, Says BNM

KUALA LUMPUR, Oct 22 (Bernama) -- Repayment deferments have since been extended to victims affected by the recent floods along the Nepal-China border, Bank Negara Malaysia (BNM) said.