Bank Muamalat clinches top Islamic Retail Bank and CEO Award at IRBA 2023

[ad_1] KUALA LUMPUR: Bank Muamalat Malaysia Bhd has won the “Most Improved Islamic Retail Bank in Malaysia 2023” and “IRBA CEO of the Year 2023” awards at the prestigious 9th…

Ringgit eases vs US$ in early trade as investors hold dollars

[ad_1] KUALA LUMPUR: The ringgit continued to trade on the back foot today, opening lower against the US dollar following better-than-expected United States’ (US) ISM Manufacturing Index data. Analysts said…

Bank Muamalat targets RM5bil transactions next year on Visa B2B platform

[ad_1] KUALA LUMPUR: Bank Muamalat Malaysia Bhd is targeting RM5 billion in cross-border transactions by end-2024 after leveraging the Visa Business to Business Connect (Visa B2B Connect) platform. Chief operation…

OPR likely nearing its optimal rate

[ad_1] KUALA LUMPUR: The Overnight Policy Rate (OPR) is likely nearing its optimal level based on historical factors where the rate hovered between three per cent and 3.25 per cent,…

Bank Muamalat records PBZT of RM306.7mil for FY22

[ad_1] KUALA LUMPUR: Bank Muamalat Malaysia Bhd registered a profit before zakat and taxation (PBZT) of RM306.7 million for the financial year ending Dec 31, 2022 (FY2022). The amount represents…

Ringgit ends marginally lower against US dollar

[ad_1] KUALA LUMPUR: The ringgit ended marginally lower against the US dollar on Wednesday, and is seen trapped in a sideways channel, said Bank Muamalat Malaysia Bhd chief economist Mohd…