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RHB Islamic partners TBS to drive Waqf funds
KUALA LUMPUR, Aug 3 (Bernama) -- RHB Islamic Bank Bhd is partnering Tabung Baitulmal Sarawak (TBS) to drive Waqf (Islamic endowment) funds as part of the bank's MyWakaf initiative. [more]

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US 4.0800/0850
S'pore 2.9770/9811
100 Yen 3.6523/6574
Sterling 5.3064/3146
Euro 4.7222/7292
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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