Bank Negara Malaysia

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Bank Negara Malaysia
Economists: OPR Hikes Still Probable Despite Inflation Easing
- 26th April 2023
Several investment banks and economists have said that they foresee more hikes in the overnight policy rate (OPR) […]
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Bank Negara Malaysia
TNG eWallet: Users Can Now Make Cashless Payments At Over 130,000 Merchants In Singapore
- 17th April 2023
Touch ‘n Go (TNG) eWallet said that its users can now make cashless payments at more than 130,000 […]
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Bank Negara Malaysia
Malaysia, Singapore Launch Cross-Border QR Code Payment Connectivity
- 4th April 2023
Malaysians travelling to Singapore will now be able to pay for their purchases by scanning the Singaporean NETS […]
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Bank Negara Malaysia
BNM: Malaysians May Deplete Retirement Savings 19 Years Before Death
- 31st March 2023
Bank Negara Malaysia (BNM) has cautioned that the retirement savings of an average Malaysian may likely dry up […]
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Bank Negara Malaysia
BNM Sees Growing Trend Of Missed Repayments Among BNPL Borrowers
- 30th March 2023
Bank Negara Malaysia (BNM) has highlighted that there is a growing trend of buy-now-pay-later (BNPL) users missing their […]
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Bank Negara Malaysia
BNM: Wider Adoption Of Digital Financial Services Hindered By Low Awareness, Limited Financial Literacy
- 30th March 2023
Certain segments of the Malaysian public continue to avoid tapping into digital financial services (DFS) due to several […]
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Bank Negara Malaysia
BNM: 25% Household Borrowers Have High Debt Service Ratio, But Default Risk Is Low
- 30th March 2023
Bank Negara Malaysia (BNM) said that up to 25% of household borrowers have a high debt service ratio […]
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Bank Negara Malaysia
AIBIM: BNM Standardises Housing Loan, Home Financing Agreement For Retail Borrowers
- 30th March 2023
The Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) revealed that Bank Negara Malaysia (BNM) has introduced […]
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Bank Negara Malaysia
Maybank To Enable Secure2u For Verification Of Maybank Card Online Transactions
- 27th March 2023
Maybank has announced that customers performing online purchases and transactions on their Maybank credit and debit cards will […]
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Bank Negara Malaysia
BNM: Malaysia Successfully Links Payment System With Singapore, Italy Via Project Nexus Prototype
- 24th March 2023
Bank Negara Malaysia (BNM) revealed that it has successfully linked Malaysia’s instant payment system with Singapore’s and the […]
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Islamic Credit Cards Switching to Tawarruq Contract
- 9th January 2026
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Islamic Credit Cards Switching to Tawarruq Contract
Farah Awanis
- 9th January 2026
Between October 2025 and January 2026, Islamic banks in Malaysia transitioned Islamic credit cards from Ujrah to Tawarruq contracts. This guide explains how Tawarruq works, why the industry made the switch, and what cardholders need to know now that all conversions are complete.