Search results
Results from the WOW.Com Content Network
Islamic equity funds were launched in the early 1990s, and began growing fairly rapidly in about 2004. As of 2014 there were 943 Islamic mutual funds worldwide and as of May 2015, they held $53.2 billion of assets under management. Malaysia and Saudi Arabia dominate the sector with about 69% of total assets under management.
Criminal law. Evidence. v. t. e. Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for a person's future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include minimizing gift ...
The first Islamic bank in Malaysia was established in 1983. In 1993, commercial banks, merchant banks and finance companies were allowed to offer Islamic banking products and services under the Islamic Banking Scheme (IBS). These institutions however, are required to separate the funds and activities of Islamic banking transactions from that of ...
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 ...
The party was founded in 1977 by then Chief Minister of Kelantan, Mohamed Nasir, as a splinter of the Malaysian Islamic Party (PAS) against the backdrop of the 1977 Kelantan Emergency, in which he played a major role. The party received the support of the United Malays National Organisation (UMNO), the leading party in the then-ruling Barisan ...
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 ...
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.