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microLEAP Partners with Masryef Management House to Launch Shariah-Compliant P2P Financing
Microleap PLT, a P2P (Peer-to-Peer) financing operator which manages microLEAP, has partnered with boutique Shariah advisor, Masryef Management House, to launch its Shariah-compliant investment notes. Based on principles of Commodity Murabahah, Masryef Management House ensures that the Islamic funds raised
Read MoreJapan’s JCB Taps on Soft Space’s Expertise to Power its Tap on Mobile Contactless Payment
JCB, Japan’s international payment brand, is leveraging Malaysia’s Soft Space’s technological expertise to develop the Tap on Mobile programme that capitalises on the wide availability of Android smartphones equipped with NFC (near-field communication). The programme enables merchants to accept card
Read MoreSunway Group Eyeing Digital Banking License via Acquisition of Credit Bureau Malaysia
Sunway Berhad, via its 100% owned subsidiary, Sunway Holdings, is acquiring a 51% stake in Credit Bureau Malaysia. Upon completion of the acquisition, Credit Guarantee Corporation Malaysia Berhad (CGC) and Sunway Holdings will be the two shareholders of Credit Bureau
Read MoreBroker Review: Invest.com
Oinvest is a CFD broker that offers financial trading services in a variety of assets like Forex, Stocks, Indices, Commodities and Crypto coins on the popular MT4 trading platform. Users can access the MT4 trading platforms on Windows Desktop and
Read MoreAlibaba Cloud Launches USD 30 Million Global SME Enablement Program
Alibaba Cloud, the data intelligence backbone of Alibaba Group, today launched a Global SME Enablement Program to provide cloud technology relief worth more than USD 30 million to new and existing small and medium-enterprise (SME) customers around the world and
Read MoreSingapore’s FOMO Pay Expands into Malaysia Through OCBC Partnership
FOMO Pay, Singapore-based digital payment and digital banking solution provider, partnered with OCBC Malaysia to develop OCBC OneCollect as its first merchant cross-border QR code collection service. This service allows any account holder of Singapore’s PayNow participating banks to make
Read MoreAXA AFFIN Life Organizes COVID-19 Crowdfunding Campaign to Help Frontliners
Following the outbreak of COVID-19 pandemic, the Personal Protective Equipment (PPE) used by frontline personnel was reported to upsurge by two to ten times, resulting in a major shortage of PPE supply. In response to the distress over the PPE
Read MoreGig Economy Challenge: How Can We Solve Pressing Issues Faced By Gig Workers?
The importance of the gig economy has always seen a steady growth trajectory, but nothing has made its importance clearer to everyone than the COVID-19 pandemic — from delivering essential services to providing side income for those affected. Which is
Read MoreSecurities Commission Raises Equity Crowdfunding Fundraising Limits to RM 10 Million
Securities Commission Malaysia announced today the liberalisation of equity crowdfunding (ECF) limit to RM 10 million from the previous limit of RM 5 Million. This was announced during their Annual Report media conference which was held virtually. This is in
Read MoreJohor State Government Eyeing to Launch its Own Digital Bank
In a media statement issued on Wednesday, Johor’s Chief Minister Datuk Haji Hasni Mohamad announced the state government’s intention to launch its own digital bank. This announcement is made against the backdrop of Bank Negara’s upcoming digital banking framework which
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