Central Bank Maintains OPR at 3%
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…
DGCX and Ayedh Dejem Group To Launch Middle East’s First Sharia Compliant Spot Gold Contract
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…
Maybank Loan-To-Deposit Ratio At Comfortable Level, Way Below 100%
Maybank said that its Group loan-to-deposit ratio (LDR) is at a comfortable level of 94.7% as at end March 2017 and not 101% as stated in a Bloomberg report released…
RHB Asset Management Declares Income Distribution For 10 Funds
RHB Asset Management Sdn Bhd, a wholly-owned subsidiary of RHB Investment Bank Bhd, recently declared income distribution of up to RM8.5 million for 10 conventional and Islamic funds, for the…
Malaysia’s First Green Sukuk under SC’s Sustainable Responsible Investment Sukuk Framework
Securities Commission Malaysia (SC) yesterday announced the issuance of Malaysia’s first green sukuk – an innovative channel to address global funding gaps in green financing – under its Sustainable &…
Tadau Energy Sdn. Bhd. Issues RM250 Million Sri Sukuk
Tadau Energy Sdn Bhd (Tadau Energy) has successfully issued RM250 million of Sustainable Responsible Investment Sukuk (Green SRI Sukuk Tadau) yesterday; which it claimed to be the first Green Sukuk…
BEWG (M) Sdn Bhd.’s Debut RM400 million Sukuk in the Malaysian Islamic Debt Capital Market
China-owned water treatment company, BEWG (M) Sdn Bhd (“BEWGM”) made its debut in the Malaysian Sukuk market by successfully issuing RM400 million Islamic Medium Term Notes (“Sukuk Wakalah”) on 19…