Takaful players must seize this opportunity to review and even reinvent the business model and grow exponentially to attract tech-savvy millennials and centennials who will make up 60% of world population by 2020. Can takaful rise to this challenge and seize the day? It is all about innovation to get the best product fit for the consumer keeping the core principles intact and getting dynamic about…
Themed as “The Next Level of Openness in Financial Services”, the summit will highlight how technology and changing consumer behaviors have enabled financial services to be open and more accessible in new and existing markets. While the open platform environment brings new opportunities, IDC urges the industry to consider: The next generation of digital banking will need to unify client data…
Since the 1960s, bankers in Muslim-majority Malaysia launched an alternative system, known as Islamic finance, which offers personal finance and commercial instruments compliant with Islamic law. The country has established itself as a global hub for Islamic finance, in terms of government and regulatory support and market innovation. This growth has been hindered by a lack of awareness among…
The summit will also enable participants to discuss and evaluate key challenges, trends and opportunities in the banking and finance industry. The summit provides useful insights into the mentality of the captains of the banking industry, as well as a timely platform for the exchange of ideas, industry updates and knowledge for banking and finance professionals. The 21st Malaysian Banking Summit will…
The inaugural IFN Fintech Forum, to be held in Kuala Lumpur, will explore how the convergence of fintech and Shariah-compliant financing will advance the Islamic finance industry and most importantly, the possible synergies that exist between new platforms and traditional banking systems. With growing influence on global investments and altering how business is being conducted, the importance and…
Following our commitment to serve the global Islamic finance industry in the best possible way, and given the increasing influence of Islamic finance across a broader range of markets, we have taken the landmark decision to encompass a wider landscape within this industry-leading event. We will give participants the opportunity to explore, discover and develop new ideas in new areas. Returning for…
FGBMF and ASLI see the need to engage, influence and transform the marketplace, which is a place where many people spend a significant portion of their lives. The Marketplace Series of Forum is a community project led by FGBMF and ASLI to reach out to the business community to share knowledge and insights as well as encouragement to help people thrive in the marketplace, in order to build a more prosperous,…
Malaysia’s push into high-tech and value-added industriesunder the 11MP plan is bearing fruit in sectors such asmanufacturing and aerospace as it works to foster a newculture of innovation, train local human resources and raiseproductivity. Industry: Returns In Aerospace - With regional demand for aircraftprojected at 13,000 new planesover the next decade,…
This event will bring all industry experts from regulatory authorities, Shariah scholars, bankers, legal practitioners, Takaful operators, consultants and academicians to share with the delegates their views and opinions in developing the Islamic banking and finance industry. Who Will Attend? We are inviting the following VVIPs, speakers and delegates to attend and participate in KLIFF 2016: Prime…
Foreign appetite for Malaysian bonds has been increasing over the year, with international buyers moving into the market for government papers as investors seek higher returns and market stability. Foreign ownership rises According to data issued by Bank Negara Malaysia (BNM) – the country’s central bank – foreign ownership of government and corporate bonds peaked over the summer, with July…
