KUALA LUMPUR: Bank Negara Malaysia (BNM) has launched the Malaysia Islamic Overnight Rate (MYOR-i), the first transaction-based Islamic benchmark rate in the world.
Bank Negara Malaysia (BNM) has introduced a transaction-based Islamic benchmark rate the first in the world to spur the development of innovative Shariah-compliant financial products, which will further deepen Malaysia’s Islamic financial market.
MYOR introduced as new alternative reference rate for Malaysia borneobulletin.com.bn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from borneobulletin.com.bn Daily Mail and Mail on Sunday newspapers.
BNM unveils Myor as new alternative reference rate | Daily Express Online dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.