News & Update
Submit Press ReleaseThe magnificent Bank Negara Museum and Art Gallery
The Bank Negara Malaysia Museum and Art Gallery, or Bank Negara Museum in short, was established in 2011 and it replaced the Bank Negara Money Museum. It is located in...
Financial institutions urged to abolish accrued interest/profits during moratorium
KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today urged financial institutions to consider abolishing the accrued interest (on hire purchase loans) or profits (on fixed rate Islamic...
BNM issues guidelines
KUALA LUMPUR: Bank Negara Malaysia (BNM) has required banking institutions to take appropriate steps to ensure that borrowers/customers are provided with clear information on the process and changes to the...
Việt Nam urged to tap global supply chain for halal products
HCM CITY — As global supply chains for Halal products have been disrupted by the pandemic, Vietnamese companies have been urged to further tap the halal market which has export value...
GREATER CLARITY PROVIDED FOR MORATORIUM GRANTED DURING MOVEMENT CONTROL ORDER PERIOD
April 30 - Further to the announcement by Bank Negara Malaysia dated 30 April 2020 and in order to ensure compliance to Shariah contractual requirements is achieved in the implementation...
Bank Mualamat unveils QR code payments for zakat fitrah
KUALA LUMPUR, 29 April — Bank Muamalat Malaysia Bhd (BMMB) today introduced Quick Response Code (QR Code) payments for zakat fitrah in conjunction with the Ramadan fasting month. Chief executive...
From zakat to impact investing: Islamic finance can ease coronavirus woes By Arno Maierbrugger
Since the coronavirus pandemic is wreaking havoc in economies all over the globe, in this column we have repeatedly turned the spotlight on the role of Islamic finance in easing...
No corruption in halal certification process: Muis
The Islamic Religious Council of Singapore (Muis) has rebutted allegations by a foreign news site that its halal certification process is corrupt, saying that it places utmost priority in ensuring...
Another 25bps OPR cut next month appears imminent, say analysts
BANK Negara Malaysia (BNM) is expected to slash the Overnight Policy Rate (OPR) by at least another 25 basis points (bps) next month, following the uncertain economic outlook in the country...
SC seeks Interpol's help to find Ricky Wong
KUALA LUMPUR: The Securities Commission (SC) is seeking information or assistance from the public on the whereabouts of Wong Shee Kai or Ricky Wong. Wong is wanted in connection with...
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