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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.
GISB Holdings Sdn Bhd (GISBH) is a conglomerate company holding assets reportedly worth RM325 million with business establishment across 20 countries. [3] GISBH was founded in 1997, three years after the Government of Malaysia banned al-Arqam in 1994 due to their deviant beliefs. It was founded as Rufaqa' Corporation, before going to business ...
Malaysian opposition members castigated the Department of Islamic Development Malaysia (Jakim), saying the incident had tarnished the image of the Islamic halal regulators. [2] It was feared the scandal would have a negative impact on Malaysia's plans of becoming a global hub for the $2.3 trillion international halal market. [1] [3]
A timeline of the political scandal involving former Prime Minister Najib Razak and 1MDB, a government-run strategic development company. The scandal involves billions of dollars of misappropriated funds, investigations, trials and political consequences.
This article provides a comprehensive list of agencies of Malaysian federal government, including statutory bodies, government-linked companies and organisations. It also shows the current Cabinet formed on 2 December 2023 and the Prime Minister's Department.
As part of its debt rationalisation plan, on 31 December 2015, 1MDB signed an agreement with a consortium comprising Iskandar Waterfront Holdings and China Railway Engineering Corporation to sell 60% of its stake in Bandar Malaysia Sdn Bhd. [38] However, this deal eventually fell through.
Find out the ranking, assets and equity of the top largest banks in Malaysia as of 31 December 2023. UOB Malaysia is the seventh largest bank with total assets of 140.4 billion ringgit and equity of 12.6 billion ringgit.
As of 2023, it is a trustee company, wholly owned by the Government of Malaysia, under the purview of the Ministry of Finance (Malaysia). Established in 1921 as the Department of Public Trustee and Official Administrator, the company was corporatized in 1995.