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Bank Muamalat Joins Global Alliance For Banking On Values

KUALA LUMPUR, Jan 15 (Bernama) -- Bank Muamalat Malaysia Bhd (BMMB) has become a member of The Global Alliance for Banking on Values (GABV), a network of the world's leading value-based banks. 

Maybank Islamic Partners MAIPk To Improve Perak Socio-economy

KUALA LUMPUR, Jan 5 (Bernama) -- Maybank Islamic Bhd has signed a Waqf Development Fund joint-venture agreement with Perak Islamic Religion and Malay Customs Council (MAIPk) to develop the state's waqf (endowment) boat project.

RAM Ratings Withdraws AmBank Islamic's Issue Rating

KUALA LUMPUR, Jan 5 (Bernama) -- RAM Ratings recently received confirmation that AmBank Islamic Bhd had fully redeemed and cancelled its RM2 billion Subordinated Sukuk Musyarakah Programme (2011/2026).

Ram Ratings Reaffirms Maybank Islamic's AAA/Stable/P1 Ratings

KUALA LUMPUR, Jan 5 (Bernama) -- RAM Ratings has reaffirmed Maybank Islamic Bhd's financial institution ratings at AAA/Stable/P1.

BNM Acquires Land From Govt For Rm2 Billion

KUALA LUMPUR, Jan 4 (Bernama) -- Bank Negara Malaysia (BNM) has acquired 22.58 hectares of land from the government, for RM2 billion, to be utilised for the relocation of the Global Islamic Finance University and the International Shari’ah Research Academy for Islamic Finance.

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Bank Islam Launches Sadaqa House
RAM Ratings Withdraws AmBank Islamic's Issue Rating

 
Ram Ratings Reaffirms Maybank Islamic's AAA/Stable/P1 Ratings

Axa Affin General Insurance Wins 5 Awards At World HRD Congress 2018
Life Insurance Industry Records Strong Growth In 2017

 
Provident Insurance's Credit Ratings Remain Unchanged - A.M. Best

MIDDAY, FRIDAY, FEB 23
US 3.9030/9080
S'pore 2.9544/9597
100 Yen 3.6507/6564
Sterling 5.4431/4521
Euro 4.8030/8104
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 Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
 

 
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