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2025-02-10 17:33:19 -

Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, services
Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services. Bank Islam said in a statement that its wholly owned subsidiary BIMB Holdings Sdn Bhd has entered a strategic joint venture agreement with RELDYN to...

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2025-08-21 02:16:59 -

Malaysia’s StashAway launches Shariah Global Portfolios
StashAway, a Malaysia-based digital wealth management platform, has announced the release of its Shariah global portfolios. StashAway said in a statement on Wednesday that these Shariah-compliant diversified portfolios have delivered back-tested returns of up to 14.4 percent annually over the past five years. These global portfolios address Malaysia’s rapidly growing demand for Shariah-...

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2025-06-12 07:07:03 -

Maybank leads in underwriting largest Islamic financing for data centers in Asia Pacific
Malaysia-based largest banking group Maybank is underwriting MYR 2.5 billion ($590 million), which is one third and the largest share of the biggest syndicated Islamic financing for data centers in Asia Pacific, to support DayOne Data Centers green data centers in the Johor-Singapore Special Economic Zone (JS-SEZ). Maybank said in a statement that this onshore Ringgit Islamic tranche amounting...

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