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Retirement Fund (Incorporated) ( Malay: Kumpulan Wang Persaraan (Diperbadankan); KWAP) is a statutory body which manages the pension scheme for Malaysia's public employees. KWAP is the investment manager of the Retirement Fund, which is applied towards financing the government's pension liability, and is responsible for the administration and payment of pension to public sector retirees. [1 ...
Islamic finance products, services and contracts are financial products and services and related contracts that conform with Sharia (Islamic law). Islamic banking and finance has its own products and services that differ from conventional banking.
Employees' Provident Fund ( EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector, and voluntary for non-Malaysian citizens.
The Malaysia International Islamic Financial Centre ( MIFC) is an initiative of Malaysia’s financial market regulators and relevant government agencies dedicated to developing Malaysia’s Islamic finance market by engaging with industry and government. [1] The initiative was launched in 2006 [2] and is based in Kuala Lumpur, Malaysia.
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 ...
Malaysia will boost salaries for civil servants by more than 13% from December, Prime Minister Anwar Ibrahim said on Wednesday, amid rising prices, a weak ringgit currency, and plans to reform ...
Department of Islamic Development Malaysia ( Malay: Jabatan Kemajuan Islam Malaysia, Jawi alphabet: جابتن كماجوان اسلام مليسيا) or popularly known as JAKIM (جاكيم), is a federal government agency in Malaysia that administers Islamic affairs in Malaysia.
The Malaysian Islamic Party, also known as the Pan-Malaysian Islamic Party ( Malay: Parti Islam Se-Malaysia; Jawi: ڤرتي إسلام سمليسيا) or its Jawi -based acronym PAS, is an Islamist political party in Malaysia. Ideologically focused on Islamic fundamentalism, [3] PAS's electoral base is largely centered around Peninsular Malaysia 's rural and eastern coasts and conservative ...