The BSEC has formed a-nine member advisory council to help develop the new Islamic capital market.
January 23, 2023The consolidated guidelines introduce a new chapter dedicated to ‘waqf’ and introduce additional requirements on Islamic fund management business.
December 2, 2022A Digital Innovation Fund will also be established to co-fund innovative projects to digitalise the capital market and make it more competitive.
November 1, 2022Gatehouse Bank failed to perform appropriate checks on customers based in high-risk countries and customers that were classified as PEPs.
October 17, 2022Budget 2023 includes measures to strengthen the capital market, protect against scams and cyber threats, and drive the ESG and climate change agenda.
October 10, 2022Discretionary trading based on Shariah principles is now permitted at Bursa Malaysia. Malacca Securities is the first to offer the service.
July 10, 2022Issuers can use SRI-linked sukuk proceeds for general purpose, subject to their commitments to future improvements for sustainability outcomes within a predefined timeline.
July 3, 2022The roadmap includes plans to develop regulatory requirements for digital assets, the tokenisation of non-securities, and dealings on digital exchange platforms.
June 29, 2022The new contract is expected to attract commodity traders in China’s palm olein market to trade on the DCE and Bursa conurrently.
October 6, 2021The IADI and IFSB have developed a set of core principles that can be used to develop and assess the effectiveness of Islamic deposit insurance systems.
July 14, 2021