Malaysia is the biggest issuer of sukuk in the first seven months of the year, comprising 45 percent of $9.3 billion worth of new issuances, according to a recent report by Standard & Poor's Rating Direct (S&P).
Saudi Arabia contributed 22 percent (...)
Datuk Mohamed Azahari Kamil has been appointed Asian Finance Bhd (AFB) chief executive officer effective on Wednesday, becoming the first Malaysian to helm a foreign Islamic bank in Malaysia.
AFB said that his experience and ability fit the bill (...)
Malaysian Prime Minister Abdullah Ahmad Badawi Thursday called on the 56-member Organization of the Islamic Conference (OIC) to move forward in intensifying cooperation to improve the quality of public health in Islamic countries, 'Bernama' news (...)
Malaysian Foreign Minister Syed Hamid Al-Bar stressed here on Saturday the importance of promoting economic growth with a focus on poverty eradication and employment generation, pursue knowledge through higher education and acquire expertise in (...)
Modenas, one of Malaysia's largest manufacturer of motorcycles and scooters with 870,000 assembled as of August 2005, aims to manufacture its one millionth two-wheeler next year, reported Bernama.
"We are confident of reaching our one millionth (...)
