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Islamic banks in Malaysia must implement the Maqasid Syariah principle

SEPANG, Nov 19  -- The institution of Islamic banks in Malaysia must fulfill the principle of Maqasid Syariah in their operations to develop a vibrant banking system and save the economy, said Port Dickson Member of Parliament, Datuk Seri Anwar Ibrahim.

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More Headlines:
World Financial Planning Day 2019 raises consumer control on finances, futures
RFI Foundation & DIEDC organises roundtable on sustainable finance
Bank Islam to disburse RM1 bln loans to SMEs this year
 

 

 

 
Gold futures rebounds due to weaker ringgit

KUALA LUMPUR, Nov 21 -- Gold futures contract on Bursa Malaysia Derivatives rebounded to close higher today as the weakening of the ringgit boosted demand for the precious metal, said a dealer.



Bursa Malaysia to launch new organisational structure

KUALA LUMPUR, Nov 21 -- Bursa Malaysia Bhd has announced its plan for an organisational restructure, effective Jan 1, 2020. 



KLCI futures end lower

KUALA LUMPUR, Nov 21 -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower today, tracking the downtrend in the underlying cash market.



 
Ministry Of Finance(MOF)
Bank Negara Malaysia(BNM)
Employees Provident Fund(EPF)
Banking Info
Financial Mediation Bureau (FMB)
 

Petronas to collaborate with Bank Muamalat on VFP
Bank Muamalat named Khairul Kamarudin as new CEO

 
Bank Muamalat aims to have 15,000 merchants using QR scanning next year

FWD Takaful injects RM5 million for para athletes in preparation for 2020 Paralympics
Malaysia’s Lonpac Insurance Bhd has excellent credit ratings - AM Best

 
Japan non-life insurance segment has stable outlook - AM Best

CLOSING, THURSDAY, NOV 21
US4.1680/1710
S'pore3.0607/0633
100 Yen3.8404/8435
Sterling5.3946/3002
Euro4.6202/6252
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Yes
No
Not sure
 
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