Today's top Malaysian news, sport and lifestyle.
NPE has issued RM54 million in sustainability-linked sukuk to finance the NPE2 highway project, marking the first time such Islamic bonds have been used for a road infrastructure development globally.
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Malaysia's waqf expertise gains international traction as the Malaysian Waqf Foundation partners with Omani institutions to advance Islamic social finance and asset development across the Gulf region.
Malaysia continues to gain international recognition for its excellence in managing Islamic affairs, with data and global observers acknowledging its leadership across halal certification, Islamic finance, and religious education.
Lembaga Tabung Haji and Bank Islam have jointly unveiled DAYA INSANI, a RM1 million initiative designed to equip disadvantaged youth with professional skills and secure employment through partnerships with leading educational and healthcare providers.
Pengurusan Aset Air Bhd launched Malaysia's first sustainable Islamic finance framework incorporating blue finance, receiving Platinum certification. The framework supports water infrastructure investment and plans inaugural blue sukuk issuance by Q3 2024.
Malaysia's Federal Territories Islamic Religious Council has inaugurated a new Zakat Distribution Centre in Batu, marking an effort to modernise how zakat funds reach communities across the federal territories more efficiently and accessibly.
Malaysia is strengthening ties with Russia and Central Asia to expand its Islamic finance sector. The government plans exploratory visits to the region and aims to export shariah expertise following interest from Tatarstan's leadership.
Takaful IKHLAS, a subsidiary of MNRB Holdings, distributed sacrificial meat and financial aid to over 100 asnaf recipients in Seremban as part of its Kasih Korban Programme during Aidiladha, channelling RM59,500 in total contributions.
A group of 111 investors has launched legal action against QEW Group Bhd and its directors, demanding RM20.45 million in compensation for losses incurred through a shariah-compliant investment scheme.
Twenty participants in Penang have been awarded motorcycles and entrepreneurship training under the iTEKAD CIMB Islamic-MAINPP Entrepreneur programme, a collaboration between CIMB Islamic Bank and the Penang Islamic Religious Council to lift asnaf communities out of poverty.