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BNM
BNM Maintains OPR At 3%
- 6th March 2025
Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3% following the latest […]
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BNM
Bank Negara Malaysia Releases Discussion Paper On Malaysia’s Second Financial Literacy Strategy
- 14th February 2025
Bank Negara Malaysia has released a discussion paper outlining the Second National Strategy for Financial Literacy (NS2.0), aimed […]
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BNM
5 Ways That Banks Are Helping to Protect You From Online Scams
- 13th February 2025
As digital payments become increasingly integral to our daily lives, the convenience they offer comes with a significant […]
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BNM
PAC To Hold Public Hearings On Rising Health Insurance Premiums, Private Hospital Fees
- 7th February 2025
The Public Accounts Committee (PAC) is set to hold public hearing sessions to address the rising costs of […]
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BNM
BNM Maintains OPR At 3%
- 22nd January 2025
Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at […]
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BNM
Financial Industry Faces 2.3 Million Complaints Over Five Years
- 17th January 2025
The financial industry has received approximately 2.3 million complaints over the past five years, with 98% related to […]
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BNM
Malaysia Eyes Digital Finance Policy With Cryptocurrency And Blockchain Recognition
- 15th January 2025
The government is considering drafting a policy on digital finance, potentially recognising the use of cryptocurrencies and the […]
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BNM
KAF Digital Bank Gains Approval To Operate In Malaysia
- 13th January 2025
KAF Digital Bank has officially received approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) […]
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BNM
Minister Mandates Medical Premium-Sharing Measures By 15 January 2025
- 9th January 2025
Deputy Finance Minister Lim Hui Ying has reiterated that all insurance companies must implement premium-sharing measures for policyholders […]
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BNM Introduces Interim Measures to Ease Impact of Rising Medical Insurance Costs
- 20th December 2024
Bank Negara Malaysia (BNM) has unveiled interim measures to alleviate the financial burden on policyholders affected by escalating […]
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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.