Malaysia has long lacked a formal third pillar to its pension system. While the Employee Provident Fund (EPF) is well established and has operated successfully even under the most trying of circumstances, it is seen as inadequate in terms of providing replacement income for the country’s ageing population, and for a population that is living...
With business increasing and consolidation proceeding apace, the insurance sector in Malaysia has been on a steady growth path for a number of years. It has been tracking general economic expansion, while at the same time benefitting from increased awareness, improved marketing and general and insurance-specific reforms. The sector is also...
The Islamic financial services (IFS) sector has been growing rapidly in Malaysia in recent years. As a result of government promotion, increased interest among both Muslims and non-Muslims, heightened awareness of the benefits of Islamic finance and improved regulation, sharia-compliant financial products have been gaining on conventional...
What role will cross-border collaboration play in helping align local and international requirements of Islamic financial services (IFS) institutions?
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