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Visa: Malaysian Visa Cardholders Now Prefer Contactless Payments
- 29th December 2020
Visa has revealed that more than 50% of its face-to-face transactions are now made up of contactless payments, […]
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BNM
FOMCA, Namlifa: Medical Insurance Price Hike Should Be Deferred From 2021 To 2023
- 28th December 2020
The Federation of Malaysian Consumers Associations (FOMCA) has called for the price hike for medical insurance premiums, which […]
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Angkasa Identifies Strategic Partners In Its Bid For Digital Bank Licence
- 21st December 2020
The National Co-operative Movement of Malaysia (Angkasa) has expressed interest in vying for one of the five digital […]
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BNM Asst Governor Warns Against Unethical Advice On EPF Withdrawals
- 11th December 2020
Members of the Employees Provident Fund (EPF) should take caution against “unethical advice” which encourages those who are […]
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Malaysian Banks Underspend In Technology, May Face Challenges By Tech Firms In Virtual Banking
- 4th December 2020
Managing director of information technology services provider Hitachi Vantara, Moti Uttam has said that Malaysian banks may eventually […]
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#SaveMoneyWithHann: A Personal Finance Q&A
- 4th December 2020
Recently, Bank Negara Malaysia (BNM) held a financial literacy webinar featuring Hann Liew, Co-Founder of RinggitPlus and Suraya […]
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CUEPACS Urges Finance Ministry, BNM To Extend Loan Tenures
- 25th November 2020
The Congress of Unions of Employees in the Public and Civil Services (CUEPACS) has urged the Finance Ministry […]
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BNM Issues Two Commemorative Coins In Conjunction With APEC 2020 Meeting
- 23rd November 2020
Bank Negara Malaysia (BNM) has issued two commemorative coins in conjunction with the Asia Pacific Economic Cooperation Meetings […]
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How Would Another Automatic Blanket Loan Moratorium Affect Malaysians?
- 19th November 2020
The topic of introducing another automatic blanket moratorium in Malaysia has been highly debated of late. With the […]
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BNM: Reimplementing Blanket Moratorium Not A Proportionate Response
- 13th November 2020
Bank Negara Malaysia (BNM) governor, Datuk Nor Shamsiah Mohd Yunus has said that reimplementing a blanket loan moratorium […]
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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.