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BERNAMA - MAQASID AL-SHARIAH GUIDANCE TO STRENGTHEN MALAYSIA S ISLAMIC CAPITAL MARKET

BERNAMA - MAQASID AL-SHARIAH GUIDANCE TO STRENGTHEN MALAYSIA S ISLAMIC CAPITAL MARKET
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Bank Islam s earnings seen improving, but funding cost pressures remain

BANK Islam Malaysia Bhd, the country’s largest standalone Islamic bank, will likely see stronger earnings this year despite a slower economy, even as it tries to manage its funding cost better amid heightened competition in the industry. “The key thing for us this year would be in terms of managing our liquidity or funding cost that’s important,” CEO Mohd Muazzam Mohamed tells The Edge in an interview.

Serba Dinamik: Liquidator has agreed to several right-sizing initiatives

Serba Dinamik Holdings Bhd, which is in the midst of appealing the High Court's dismissal of its application for a permanent stay of a winding up petition from its creditors, said several right-sizing initiatives that are in line with its regularisation efforts have been agreed to by its liquidator Victor Saw Seng Kee from PricewaterhouseCoopers Advisory Sdn Bhd.

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