1h ago
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
19h ago
KUALA LUMPUR, Oct 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said overseas investments must be scrutinised more closely to prevent similar losses, citing the Battersea Power Station redevelopment project in the United Kingdom.
1d ago
KUALA LUMPUR, Oct 27 (Bernama) -- The government is taking immediate steps to strengthen the governance of government-linked companies (GLCs) and government-linked investment companies (GLICs), including a proposal to introduce legislation governing state-owned entities, Prime Minister Datuk Seri Anwar Ibrahim said.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).