3h ago
KUALA LUMPUR, Oct 27 (Bernama) -- Tenaga Nasional Bhd (TNB) issued RM4.8 billion in Sustainability Sukuk Wakalah under an Islamic Medium Term Notes Programme of up to RM10 billion in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar.
1d ago
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.
2d ago
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.
4d ago
KUALA LUMPUR, Oct 23 (Bernama) -- Zetrix AI Bhd has announced in a Bursa Malaysia filing the redesignation of Datuk Dr Norraesah Mohamad as its non-independent and non-executive chairman from her previous role as executive chairman effective today.
4d ago
KUALA LUMPUR, Oct 23 (Bernama) -- CelcomDigi Bhd’s wholly owned subsidiary, CelcomDigi Telecommunications Sdn Bhd (CelcomDigi Tel), has proposed to establish a Sukuk Murabahah programme of up to RM10 billion in nominal value to fund corporate requirements and refinancing.
4d ago
KUALA LUMPUR, Oct 23 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has proposed an RM11.64 billion Islamic Medium-Term Notes (IMTN) programme through its wholly owned funding vehicle and sukuk issuing entity, Pengurusan Air SPV Bhd (PASB), to support its long-term strategic capital expenditure (capex) requirements over the next decade.
4d ago
KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).
5d ago
KUALA LUMPUR, Oct 22 (Bernama)-- Zetrix AI Bhd has confirmed that no payment default has occurred as of today's announcement, amid a potential covenant breach under its sukuk wakalah programme valued at up to RM2 billion.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).