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Bank Of Tokyo-Mitsubishi UFJ (Malaysia) To Promote Islamic Finance KUALA LUMPUR, Dec 26 (Bernama) -- Bank of Tokyo-Mitsubishi UFJ (Malaysia) Bhd (BTMU) has embarked on an initiative to take a leadership role in promoting Islamic financing to its clientele across the globe.
Maybank Islamic unveils product KUALA LUMPUR: Maybank Islamic expects its overall financing portfolio to grow between 10% and 15% for the financial year ending June 2009 with the launch of its new Islamic term financing facility.
Bank Islam cuts base financing rate KUALA LUMPUR: Bank Islam Malaysia Bhd is reducing its base financing rate (BFR) by 25 basis points (bps) to 6.5% with effect from Dec 15 to reflect the downward revision of Bank Negara Malaysia's(BNM) overnight policy rate by 25bps to 3.25% on Nov 2
Theedge
12/10/2008
HLB, Khazanah complete HK’s 1st CMD deal KUALA LUMPUR: Hong Leong Bank Hong Kong branch (HLB HK) has completed Hong Kong’s first commodity Murabahah deposit (CMD) transaction with the Malaysian government investment arm, Khazanah Nasional Bhd.
Takaful Malaysia Eyes Strategic Partnership In Indonesia KUALA LUMPUR, Dec 10 (Bernama) -- Syarikat Takaful Malaysia Bhd is looking for a strategic partnership, possibly with Indonesian banks, its group managing director Datuk Hassan Kamil said Wednesday.
Bernama
12/10/2008
Takaful wants to focus on negotiations with Abu Dhabi-Kuwait-Malaysia KUALA LUMPUR: Syarikat Takaful Malaysia Bhd (STMB) ceased talks with Islamic Arab Insurance Co P.J.S.C. (Salama) because it wanted to focus on negotiations with Abu Dhabi-Kuwait-Malaysia Strategic Investment Corp.
Malaysia Has Big Potential To Be Global Halal Product Manufacturer KANGAR, Dec 6 (Bernama) -- Malaysia has big potential to be halal product manufacturer following the global recognition, especially from Islamic countries, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said on Saturday.
Bernama
12/5/2008
ACR Retakaful Sets Its Sight On Bangladesh KUALA LUMPUR, Dec 5 (Bernama) -- ACR ReTakaful Sea Bhd, a new Islamic reinsurer that recently made its foray into Indonesia and Brunei, has set its sight on Bangladesh for next year.
Syarikat Takaful unit to get capital boost BANK Negara Malaysia has approved a capital injection of RM21.83 million by Syarikat Takaful Malaysia Bhd into its Indonesian unit.
Btimes
12/4/2008
Takaful Malaysia to sell stake in Indonesian unit SYARIKAT Takaful Malaysia Bhd (STMB) (6139) said it will offer up to 30 per cent of its Indonesian unit to an Islamic bank to expand its distribution network in the Republic.
Btimes
12/4/2008
AmIslamic eyes 10% growth in 09 KUALA LUMPUR: AmIslamic Bank targets 10% growth next year on the strength of its wide range of products, said AmBank (M) Bhd managing director of retail banking Datuk Mohamed Azmi Mahmood.
Theedge
12/2/2008
Riding The Islamic Banking Tide HONG KONG, Dec 2 (Bernama) -- Last October, Hong Kong Chief Executive, Donald Tsang, announced the island's financial hub would establish itself as an Islamic finance centre.
Bernama
12/1/2008
OCBC Islamic banking unit to maintain growth momentum PETALING JAYA: OCBC Bank (M) Bhd unit OCBC Al-Amin Bank Bhd expects its total outstanding financing value to grow by double digits this year from RM1.9bil at end-2007 and maintain the growth momentum next year.
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