MARKETS

CIMB-Principal Launches New Cimb Islamic Global Equity Fund To Tap Into Global Growth 

 |  Monday, 25 September 2017 09:37  |  Published in MARKETS

CIMB-Principal Asset Management Berhad (“CIMB-Principal” or “the Company”) announced the launch of its CIMB Islamic Global Equity Fund (“the fund”), the latest addition to its suite of 20 Islamic funds. The fund offers Malaysian retail and corporate investors an opportunity to tap into the growth prospects of global equities which are Shariah-compliant. 

The fund aims to achieve long-term capital appreciation and offers investors diversification benefits by enabling access to equities in numerous emerging and developed markets. 

Central Bank Maintains OPR at 3%

 |  Thursday, 07 September 2017 11:17  |  Published in MARKETS

The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

In a press statement today, the central bank said that the global economy continues to strengthen with growth becoming more entrenched and synchronised across countries. Global trade has picked up significantly. In the advanced economies, both consumption and investment continue to improve. 

DGCX and Ayedh Dejem Group To Launch Middle East’s First Sharia Compliant Spot Gold Contract 

 |  Monday, 21 August 2017 15:50  |  Published in MARKETS

The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an international exchange. 

The partnership enables both entities to increase their presence in the Saudi Arabian and wider GCC Islamic Finance market, and attract the interest of regional Islamic financial institutions and banks.


Page 9 of 15

About Us

  • Malaysian Business Online is daily news portal and Malaysian Business Magazine is published on monthly basis by

     

    AMANIE MEDIA SDN. BHD.

    Level 33, Menara Binjai, No. 2, Jalan Binjai, Off Jalan Ampang, 50450 Kuala Lumpur, Malaysia. 

     

    Phone: (+60)3 2181 8668  |  Email : This email address is being protected from spambots. You need JavaScript enabled to view it.

     

    Facebook Twitter Instagram