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  2. Islamic finance products, services and contracts - Wikipedia

    en.wikipedia.org/wiki/Islamic_finance_products...

    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.

  3. Malaysia International Islamic Financial Centre - Wikipedia

    en.wikipedia.org/wiki/Malaysia_International...

    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.

  4. Islamic banking in Malaysia - Wikipedia

    en.wikipedia.org/wiki/Islamic_banking_in_Malaysia

    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 ...

  5. Malaysian New Economic Policy - Wikipedia

    en.wikipedia.org/wiki/Malaysian_New_Economic_Policy

    Malaysian New Economic Policy. The New Economic Policy ( NEP) ( Malay: Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operations Council (NOC) in the aftermath of 13 May Incident in Malaysia. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the ...

  6. Malaysia's top court strikes out some Islamic laws in ... - AOL

    www.aol.com/news/malaysias-top-court-declares-16...

    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 ...

  7. Employees Provident Fund (Malaysia) - Wikipedia

    en.wikipedia.org/wiki/Employees_Provident_Fund...

    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 ...

  8. Malaysia plans 13% salary hike for civil servants from Dec ...

    www.aol.com/news/malaysia-plans-13-salary-hike...

    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 ...

  9. Malaysian Islamic Youth Movement - Wikipedia

    en.wikipedia.org/wiki/Malaysian_Islamic_Youth...

    For an organisation that was nominally not political, ABIM consistently criticised the government particularly in the scope of good governance which is non-compliance with Islamic principle. By 1986, the group had 40,000 members and now reaching 60,000 members and ABIM's mission continuously received encouraging support from Muslims in Malaysia.