Banking and Finance
Bank Rakyat Issues RM1 Billion Sukuk Wakalah, Boosting Shariah-Compliant Growth
Bank Rakyat raised RM1 billion via sukuk wakalah, funding shariah-compliant activities, supported by strong market demand.
Category: Islamic Banking
Business News
PMB Shariah Funds Shine: Dividend Fund Yields 8.12%, Index Fund Hits 6.01% for 2025
Both funds credited distributions on March 31, 2025, with a reinvestment date of April 2, 2025.
Banking and Finance
Halogen Capital and AFFIN BANK Launch Shariah-Compliant Bitcoin Fund for Savvy Investors
Halogen Capital and AFFIN BANK launch a Shariah-compliant Bitcoin fund, blending Islamic deposits with digital assets for high net-worth investors, ensuring stability and growth
Banking and Finance
65% of Malaysian Muslims prefer Shariah-compliant banking
A survey by Hong Leong Islamic Bank shows 65% of Malaysian Muslims prefer Shariah-compliant finance. The bank offers competitive Islamic investment options