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Maybank
Malaysian Banks Revise Base Rates, FD Rates Again After Fourth OPR Cut This Year
- 15th July 2020
(Updated on 15 July 2020.) Following Bank Negara Malaysia’s announcement of lowering the overnight policy rate (OPR) for […]
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Maybank
Maybank Revises FC Barcelona Visa Signature, Cashback Now Fixed At 1% From August 2020
- 10th July 2020
Maybank will be revising the cashback feature of the popular FC Barcelona Visa Signature from next month onwards. […]
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Maybank
Maybank And CGC Launch Malaysia’s First Hybrid Loan Facility For SMEs
- 9th July 2020
Maybank and Credit Guarantee Corporation (CGC) have come together to introduce SME Clean Loan/Financing Plus, a first-in-the-market hybrid […]
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Maybank
Maybank Will Cease Its MaybankPay Contactless Payment App On 20 July 2020
- 1st July 2020
Maybank has announced that it will be terminating its contactless payment app, MaybankPay, on 20 July 2020. Accordingly, […]
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Maybank
Maybank Shopee Visa Platinum Credit Card Launched: Up To 5% Cashback In Shopee Coins
- 30th June 2020
Maybank and Shopee have unveiled the new Maybank Shopee Visa Platinum credit card. The all-new co-branded card offers […]
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Maybank
AmBank To Consider Targeted Moratoriums Once Automatic Moratorium Ends
- 30th June 2020
AmBank has stated that it considers a second blanket automatic moratorium unwise – but is open to the […]
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Maybank
Maybank To Hold First-Ever Virtual Treats Fair To Shop With TreatsPoints & Amex Membership Rewards
- 29th June 2020
Maybank is set to hold its popular Treats Fair event virtually for the first time ever. In light […]
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Maybank
Maybank Estimates Modification Loss At RM1 Billion From Hire Purchase Moratorium
- 29th June 2020
Maybank has estimated that it has incurred approximately RM1 billion worth of day-one modification loss from the six-month […]
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Maybank
Finance Minister: Banks To Decide On Targeted Moratorium Extension
- 29th June 2020
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has commented that banks will have the final say in […]
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Maybank
Maybank And Shopee Are Teaming Up To Launch The Maybank Shopee Credit Card, To Be Announced Very Soon
- 22nd June 2020
Maybank is set to launch a new credit card in partnership with e-commerce platform Shopee, and the card […]
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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.