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BNM
Malaysia, Several SEA Countries To Link Cross-Border Payment Systems By November 2022
- 18th July 2022
The central banks of five Southeast Asian (SEA) countries – including Malaysia – are set to link their […]
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BNM
BNM Dispels Alleged Link Between OPR Hike And Rise In Bankruptcies
- 18th July 2022
BNM governor has stepped forth to dispel the alleged link between the increase in OPR and the rise in bankruptcies in the country.
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BNM
BNM: Efficient Cross-Border Payment Services Crucial For Malaysia
- 15th July 2022
Bank Negara Malaysia (BNM) governor, Tan Sri Nor Shamsiah Mohd Yunus has reiterated the importance of efficient cross-border […]
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BNM
DBKL Collaborates With BNM, Pos Malaysia To Launch Golden Jubilee Commemorative Coins, Stamps
- 14th July 2022
Kuala Lumpur City Hall (DBKL) is collaborating with Bank Negara to launch two commemorative coins in conjunction with […]
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BNM
Further OPR Hikes May Cause 32,000 Borrowers To Go Bankrupt
- 12th July 2022
The Malaysian Association of Borrowers and Consumers Solution said as many as 32,000 borrowers may go bankrupt if the OPR continues to rise.
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BNM
Analysts Predict OPR To Hit 3.00% In 2023
- 8th July 2022
Several research and financial institutions have predicted that BNM will gradually raise the overnight policy rate (OPR) to 3.00% by 2023.
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BNM
BNM Cautions BNPL Customers To Avoid Overspending
- 6th July 2022
Bank Negara Malaysia has urged consumers to exercise caution when using buy-now-pay-later (BNPL) schemes to avoid overspending.
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BNM
BNM Raises OPR By Another 25 Basis Points, Now At 2.25%
- 6th July 2022
The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) has increased the overnight policy rate (OPR) by […]
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BNM
Bank Negara Expected To Raise OPR Again In This Week’s MPC Meeting
- 5th July 2022
Several research firms and financial institutions have projected that Bank Negara Malaysia (BNM) will increase the overnight policy […]
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BNM
BNM Faces Growing Pressure To Increase Rates Faster
- 22nd June 2022
UOB Global Economics and Market Research has said that BNM is under growing pressure to increase the overnight policy rate (OPR) faster.
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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.