Bank Muamalat Malaysia

Type: Company
Name: Bank Muamalat Malaysia
First reported Mar 28 2014 - Updated Mar 28 2014 - 1 reports

Malaysia's Islamic endowments set to venture into shares, bonds

By Al-Zaquan Amer HamzahKUALA LUMPUR, March 28 (Reuters) - Malaysia's Islamicendowments may soon move from mostly donated real estate toshare and bond funds led by external managers to produce betterreturns.The endowments, known as awqaf in Malaysia, ... [Published Yahoo! UK and Ireland - Mar 28 2014]
First reported Mar 27 2014 - Updated Mar 27 2014 - 1 reports

Sixth LSE Asia Forum to be streamed live on LSE website

The London School of Economics and Political Science (LSE) is set to host the LSE Asia Forum in Malaysia on Thursday 3 April 2014The Forum will be officially opened with a speech by Malaysian prime minister,  His Excellency Dato' Sri Mohd Najib bin Tun ... [Published London School of Economics - Mar 27 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 3 reports

IFSA to diversify Islamic investment products

KUALA LUMPUR: A provision under Islamic Financial Services Act 2013 (IFSA) will prompt Islamic banks to diversify the investment products which they offer to customers, bank executives said.Islamic banks will have until June next year to segregate Islamic ... [Published thestar.com.my - Mar 26 2014]
First reported Mar 25 2014 - Updated Mar 25 2014 - 1 reports

AIBIM Expects New Products Under Islamic Deposits, Investment Accounts

KUALA LUMPUR, March 25 (Bernama) -- Association of Islamic Banking Institutions Malaysia (AIBIM) expects to see new products under the investment accounts by end of this year or early next year.President Datuk Mohd Redza Shah Abdul Wahid said currently ... [Published Bernama - Mar 25 2014]
First reported Jan 23 2014 - Updated Jan 23 2014 - 1 reports

Proposed reference rate little changed from BLR, says Bank Muamalat

Bank Muamalat Malaysia Bhd expects the proposed reference rate will be not much different from the base lending rate (BLR) it looks to replace. Chief Executive Officer Datuk Mohd Redza Shah Abdul Wahid said: "The BLR has been useful for all banks in the ... [Published The Malaysian Insider :: Business - Jan 23 2014]
First reported Jan 14 2014 - Updated Jan 14 2014 - 1 reports

DRB-Hicom yet to finalise buyer for Bank Muamalat stake

DRB–Hicom Bhd has yet to finalise the new party for its divestment of a 30% stake in its banking unit, Bank Muamalat Malaysia Bhd, said Group Managing Director Tan Sri Mohd Khamil Jamil. He said the dilution of the stake in the country's third largest ... [Published The Malaysian Insider :: Business - Jan 14 2014]
First reported Dec 11 2013 - Updated Dec 11 2013 - 1 reports

Bank Muamalat Malaysia Berhad midway through IT revamp

Bank Muamalat Malaysia Berhad has set a 2014 completion date for the roll-out of its new Islamic core banking system, SIBS from Silverlake Axis, and a new treasury system, Sungard's Quantum. For the bank, it is third time lucky after two previous attempts ... [Published IBS Intelligence Home - Dec 11 2013]

Quotes

"During the transition period, the affected Islamic deposits or accounts will remain at status quo and will continue to be covered by the Malaysia Deposit Insurance Corporation (PIDM)" he told a media conference Tuesday
...Chief Executive Officer Datuk Mohd Redza Shah Abdul Wahid said: "The BLR has been useful for all banks in the industry and I don't think it would be correct to say it is irrelevant. "The rate..."

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Malaysia's Islamic endowments set to venture in... [Published Yahoo! UK and Ireland - Mar 28 2014]
Sixth LSE Asia Forum to be streamed live on LSE... [Published London School of Economics - Mar 27 2014]
IFSA to diversify Islamic investment products [Published thestar.com.my - Mar 26 2014]
Malaysia IFSA prompts banks to diversify Islami... [Published Malay Mail - Mar 26 2014]
Malaysia IFSA to diversify Islamic investment p... [Published Sharenet - Mar 26 2014]
AIBIM Expects New Products Under Islamic Deposi... [Published Bernama - Mar 25 2014]
Proposed reference rate little changed from BLR... [Published The Malaysian Insider :: Business - Jan 23 2014]
DRB-Hicom yet to finalise buyer for Bank Muamal... [Published The Malaysian Insider :: Business - Jan 14 2014]
Bank Muamalat Malaysia Berhad midway through IT... [Published IBS Intelligence Home - Dec 11 2013]
Affin ceases talks on Bank Muamalat stake [Published The Malaysian Insider :: Business - Mar 28 2013]
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