Today's top Malaysian news, sport and lifestyle.
MNRB has agreed to sell its entire stake in Takaful Ikhlas Family and Takaful Ikhlas General to Bank Rakyat for RM1.64 billion, marking a strategic pivot towards its core reinsurance and retakaful operations.
Sime Darby Property has unveiled a RM2.6 billion green sukuk programme—a world first for data centres—to finance hyperscale digital infrastructure and logistics assets, signalling confidence in Malaysia's digital economy growth trajectory.
Prime Minister Datuk Seri Anwar Ibrahim has justified the government's decision to inject funds into Tabung Haji, stating the pilgrimage fund faced imminent bankruptcy without intervention.
Tabung Haji faced a severe financial crisis rooted in growing asset-liability imbalances, prompting a comprehensive recovery strategy and a Royal Commission of Inquiry into its operations from 2014 to 2020.
The Malaysian Anti-Corruption Commission has deployed eight officers to Tabung Haji's Kuala Lumpur headquarters to conduct a comprehensive review of the pilgrim fund's records.
Lembaga Tabung Haji's RM10 billion loss between 2014 and 2020 represents a massive opportunity cost for supporting low-income Muslim pilgrims, according to academics analysing the Royal Commission inquiry findings.
Pengurusan Aset Air Bhd has tapped Islamic capital markets with a RM720 million blue sukuk offering through its special purpose vehicle, leveraging an existing RM2 billion Islamic Commercial Papers Programme framework.
Prime Minister Anwar Ibrahim has blamed greed, poor governance, and financial mismanagement for nearly bringing Tabung Haji to collapse, signalling the government's determination to reform the troubled Islamic pilgrimage fund.
The Muslim Youth Movement of Malaysia has called for sweeping reforms at Tabung Haji, urging authorities to investigate breaches uncovered in a Royal Commission report and implement recommendations without political interference.
Prime Minister Anwar Ibrahim has declared that Lembaga Tabung Haji has recovered from financial troubles stemming from mismanagement in previous years, following an independent inquiry into its operations.
Malaysia's government will accelerate implementation of the final quarter of Royal Commission recommendations for Tabung Haji, with 75% already completed, putting the institution on track for enhanced governance and financial management.
A Royal Commission inquiry into Tabung Haji has warned that the government's RM88 billion deposit guarantee will be triggered if the pilgrimage board's recovery plan fails, jeopardising Malaysia's fiscal stability.
Malaysia's Royal Commission of Inquiry has concluded that Tabung Haji's declaration of RM2.75 billion in combined profit distributions and hajj payouts for 2017 was financially unjustifiable and triggered a chain of events leading to the Islamic pilgrimage fund's crisis.
Malaysia's Department of Islamic Development has released a comprehensive 211-page Royal Commission of Inquiry report examining Tabung Haji's management and operations between 2014 and 2020, including detailed findings and recommendations.
Prime Minister Anwar Ibrahim has proposed convening a special Parliament sitting to deliberate on the Royal Commission of Inquiry report concerning Lembaga Tabung Haji, pending approval from the Dewan Rakyat speaker.
Malaysia's Cabinet has authorised public disclosure of the Royal Commission of Inquiry report into Tabung Haji's financial crisis, following successful stabilisation and a 3.5% profit distribution announcement for 2025.
Prime Minister Anwar Ibrahim has declared that those implicated in alleged losses and misuse of authority at Lembaga Tabung Haji will not escape justice, committing to rigorous investigation and prosecution whenever sufficient evidence emerges.
Malaysia's religious affairs agency is rolling out 19 substantial waqf development schemes worth RM321 million nationally. The National Waqf Master Plan for 2025–2030 will seek Cabinet endorsement this year following state council approval.
Malaysia's National Baitulmal Convention 2026 convenes over 400 institutional leaders, policymakers and academics in Terengganu to reimagine Islamic social finance. The gathering emphasises digital innovation and economic empowerment for Muslim communities across the region.
Malaysia's religious affairs minister has called for a fundamental restructuring of Baitulmal institutions to focus on wealth creation rather than subsistence aid, leveraging Islamic finance and digital technology.
Sultan Nazrin Shah has called for internationally standardised waqf governance principles and digital platforms to improve transparency and unlock the potential of Islamic endowments, which he says remain largely underutilised worldwide.
Prime Minister Anwar Ibrahim has disclosed that the Royal Commission of Inquiry report on Tabung Haji was deliberately kept confidential to prevent public alarm and safeguard the pilgrimage fund's stability against potential mass withdrawals.
Malaysian academics and analysts are urging the government to promptly release the RCI report on Tabung Haji, emphasizing the need for transparency to protect the institution's depositors and restore public confidence.
Muhammad Kamil Abdul Munim says the Royal Commission of Inquiry report on Tabung Haji should end the institution's troubled past and usher in an era of transparency and integrity-driven governance serving Malaysia's Muslim community.
Prime Minister Anwar Ibrahim has indicated the government will soon release the final Royal Commission of Inquiry report on Tabung Haji, pending consultation with the Chief Secretary on procedural requirements.
Prime Minister Anwar Ibrahim indicated the Tabung Haji RCI report may be released imminently, contingent on whether Cabinet sign-off is necessary before the sensitive findings become public.
The Cabinet will deliberate on whether to publicly release the Royal Commission of Inquiry report on Tabung Haji, according to Religious Affairs Minister Zulkifli Hasan, who denied claims that the former Treasury secretary-general sold the institution's assets.
Permodalan Nasional Bhd has introduced an MSRI model that integrates Maqasid al-Syariah principles with ESG frameworks, advancing Malaysia's Islamic finance landscape while promoting investments aligned with both financial returns and social values.
Zakat Selangor has launched IKTIRAF, Malaysia's inaugural certification recognising businesses that consistently pay zakat. The initiative aims to increase corporate awareness of zakat obligations and encourage Muslim consumers to support compliant companies.
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.