Bank Negara Malaysia has issued the exposure draft for the licencing framework for digital banks, with hopes that it will address consumer gaps in underserved markets.
The Finance Minister says banks should provide better access to financing for first-time homebuyers and SMEs, given positive developments in the financial health of Malaysian households.
LIAM quashes rumours that premiums on current investment-linked product policies will go up following the introduction of Bank Negara’s new guidelines.
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.
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