Compounding Interest

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Compounding Interest
BNM’s Shariah Advisory Council Declares No Compounding Profit For Islamic Financing Under R&R
- 27th October 2021
The Shariah Advisory Council (SAC) under Bank Negara Malaysia (BNM) has officially made a ruling regarding the treatment […]
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Compounding Interest
Finance Minister: AKPK To Develop Temporary Assistance Programme For Financially Struggling Malaysians
- 11th October 2021
The Credit Counselling and Debt Management Agency (AKPK) will set up a temporary assistance programme to help Malaysians […]
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Compounding Interest
Banks Submit Counter Proposal To Government’s Interest Waiver Directive On Moratorium
- 8th October 2021
Malaysian banks have drafted a counter proposal in response to an earlier directive made by the government to […]
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Compounding Interest
MOF: Banks To Work On Waiving Interest For Selected Recipients Of Loan Moratorium
- 14th September 2021
The Ministry of Finance (MOF) has directed banks to begin working on waiving the interest fee for selected […]
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Compounding Interest
Finance Minister: Banks To Waive Compounded Interest, Penalty Charges For PEMULIH Moratorium
- 30th June 2021
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has clarified that banks will waive both the compounded interest […]
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Compounding Interest
Citi Malaysia Offers Automatic Moratorium With No Compounded Interest
- 31st March 2020
Citi Malaysia has announced that it will be waiving the compounded interest for conventional loans during the upcoming […]
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