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Retirement Fund (Incorporated) (KWAP) is a statutory body that manages the pension scheme for Malaysia's public employees. It invests the fund's contributions in various assets and pays pensions to retirees, and is one of Malaysia's government-linked investment companies.
Learn about the history, functions, and dividends of the EPF, a federal statutory body that manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. The EPF has 13.6 million members and RM 998 billion in assets as of 2020.
Learn about the financial products and services that conform with Sharia law, such as Mudharabah, Wadiah, Musharakah, Murabahah, Ijar, Hawala, Takaful and Sukuk. Find out the principles, benefits, criticisms and examples of Islamic finance.
JAKIM (Department of Islamic Development Malaysia) is a government agency that plans and implements Islamic development programs and policies in the country. It was established in 1997 and has three main sectors: Policy, Operations and Management.
KUALA LUMPUR (Reuters) -Malaysia's top court on Friday declared unconstitutional more than a dozen Islamic laws enacted by the state of Kelantan, in a landmark decision that could affect similar ...
Al-Arqam was founded by Ashaari Mohammad in 1968 and practiced strict adherence to an Islamic code and developed a home-based economy. It was banned by the Malaysian government in 1994 and its activities were criticized as deviating from orthodox Islam.
A Malaysian law that regulates and supervises Islamic financial institutions, payment systems and markets. It aims to promote financial stability and compliance with Shariah and has 18 parts, 291 sections and 16 schedules.
GISB has been linked to Al-Arqam, a religious sect banned by the government in 1994. The firm has acknowledged the link but now describes itself as an Islamic conglomerate based on Muslim ...