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CIMB-Principal Launches CIMB Islamic Global Equity Fund

KUALA LUMPUR, Sept 24 (Bernama) -- CIMB-Principal Asset Management Bhd has launched its CIMB Islamic Global Equity Fund, the latest addition to its suite of 20 Islamic funds.

Five Start-ups To Undergo HLB Launchpad Mentorship Programme

KUALA LUMPUR, Sept 21 (Bernama) -- Hong Leong Bank Bhd (HLB) has selected five start-ups for the inaugural HLB LaunchPad mentorship programme, focusing on three areas, namely simplifying banking today, digitising customer journeys and experience and re-imagining banking for tomorrow.

BNM To Provide Guidelines On Cryptocurrency By Year-end

KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is planning to issue guidelines on cryptocurrency by year-end, said Governor, Tan Sri Muhammad Ibrahim.

Islamic Banks Adopt Customer Service Charter

KUALA LUMPUR, Sept 19 (Bernama) ? The Association of Islamic Banks Malaysia (AIBIM) has adopted the Customer Service Charter for the Islamic banking fraternity in an effort to solidify the commitment towards improving customer service.

Malaysia, Indonesia Need To Invest More In Islamic Finance,

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia and Indonesia need to invest more in Islamic finance to ensure their offerings are on par with conventional offerings, said HSBC Amanah Malaysia Bhd today.

BNM Seeks More Focused Delivery Of Mandates Under Malaysian Development Financial Institutions

KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is planning to work with the leadership of local financial institutions and other stakeholders in government to address a more focused delivery of mandates under the Malaysian Development Financial Institutions.

Affin Expects Loan Segment To Grow By Seven Pct

KUALA LUMPUR, Sept 11 (Bernama) -- Affin Bank Bhd expects its loan segment to grow between six per cent and seven per cent for the financial year ending Dec 31, 2017 from the RM44 million recorded previously.

AmInvestment Bank Wins 'Best Sukuk House Of The Year 2017' Award At 7th GIFA

KUALA LUMPUR, Sept 11 (Bernama) -- AmBank Group's investment banking arm, AmInvestment Bank Bhd, has won the 'Best Sukuk House of the Year 2017' award at the seventh Global Islamic Finance Awards 2017 (GIFA) in Astana, Kazakhstan on Sept 6, 2017.

Banks Exercise Sound Lending, Valuation Practices In Commercial Property Lending -- Association

KUALA LUMPUR, Sept 8 (Bernama) -- Banks have stringent processes for credit risk assessment supported by sound lending and valuation practices, says The Association of Banks in Malaysia (ABM).

Six Islamic Banks Collaborate To Develop Waqf Fund

KUALA LUMPUR, Sept 8 (Bernama) -- Six Islamic banks have signed a Strategic Collaboration Agreement to develop the Waqf Fund for economic empowerment, education, health and investment in the quest to stimulate Muslim economy.

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CIMB-Principal Launches CIMB Islamic Global Equity Fund
AmInvestment Bank Wins 'Best Sukuk House Of The Year 2017' Award At 7th GIFA

 
Find Ways To Boost Cross-Border Transactions Of Islamic Finance Services - BNM Governor

Takaful IKHLAS Chieftain Bags Best CEO 2017 Award
Pixelated Inks MoUs With Four Companies To Boost Adoption Of UBI

 
Tokio Marine Life Launches Online Service To Check Unclaimed Monies

OPENING, TUESDAY, SEPT 26
US 4.2060/2100
S'pore 3.1126/1164
100 Yen 3.7675/7717
Sterling 5.6676/6742
Euro 4.9862/9914
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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