Monday market..dow j vs china + russia?

USA IN SYRIA WHAT EFFECTS ON COMING MONDAY BLACK DAY MARKET
Today's warfare witnesses from 30 American missiles with their allies attacking Syria while Russia warns of leaving a dangerous impact.

AMERIKA SERANG SYRIA APA KESAN PADA PASARAN HARI ISNIN INI

Peperangan hari ini menyaksikan 30 peluru berpandu Amerika bersama sekutunya menyerang Syria sementara Russia memberi amaran akan meninggalkan kesan yang bahaya.

MFRS 9 consist of Expected Credit Losses stage 1 stage 2 stage 3.. Stage 1 I still don't understand, why performing loan/financing need to be impaired.. If good loan need to provide impairment, impairment will be higher, profit will go down.. Before this only bad loan need to provide impairment but now under MFRS 9 good loan also need to be impaired..

Nice

@Outliar..MFRS9? I already read about that..but don't understand the real impact to result Q1 2018.. Impairment will increase drastically and profit will be lower? Or profit will be higher?

8.50/9.50?

Saudi Arabia Secretly Targeting $80 Oil
By Tsvetana Paraskova - Apr 10, 2018, 9:30 AM CDT
Tadawul
Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly ambitious domestic policy plans, Bloomberg reported on Tuesday, citing people who have spoken to Saudi officials.

Although Saudi officials have been careful not to point to a specific oil price target in private discussions over the past month, “the inescapable conclusion from the conversations was that Riyadh is aiming for $80,” according to the people who spoke to Bloomberg on the condition of anonymity.

A couple of months ago, Saudi Arabia was reportedly targeting oil at $70, but that was before Riyadh admitted that Aramco’s initial public offering could take place in 2019, instead of in the second half of 2018, as it has been planned for years.

In an interview with Time magazine last week, Saudi Crown Prince Mohammed bin Salman—the proponent of the Saudi economic overhaul to diversify from oil—for the first time linked oil prices with the Aramco IPO.

Asked about the delayed listing, the Crown Prince said:


“We do not delay it. We said we will be ready to IPO around 2018. And we are ready. We did all the laws. We did all the steps that are making us ready to IPO it. Now it’s a matter of choosing the right time. So we believe oil prices will get higher in this year and also get higher in 2019, so we are trying to pick the right time. But we are ready to IPO it now if the time is right.”
Related: Russia Wants To Drop Dollar For Oil Payments

Saudi Energy Minister Khalid al-Falih has also recently signaled that the Kingdom would rather overtighten the market instead of leaving the job of erasing the glut undone.

In February al-Falih said that “If we have to err on over-balancing the market a little bit, so be it.”

According to Bloomberg’s sources, however, the Saudi ambitions for oil at $80 is not shared by all OPEC members, because some of them are worried—privately—that the Saudis are targeting too high an oil price that could further boost U.S. shale production.

By Tsvetana Paraskova for Oilprice.com

Saudi Arabia Secretly Targeting $80 Oil
By Tsvetana Paraskova - Apr 10, 2018, 9:30 AM CDT
Tadawul
Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly ambitious domestic policy plans, Bloomberg reported on Tuesday, citing people who have spoken to Saudi officials.

Although Saudi officials have been careful not to point to a specific oil price target in private discussions over the past month, “the inescapable conclusion from the conversations was that Riyadh is aiming for $80,” according to the people who spoke to Bloomberg on the condition of anonymity.

A couple of months ago, Saudi Arabia was reportedly targeting oil at $70, but that was before Riyadh admitted that Aramco’s initial public offering could take place in 2019, instead of in the second half of 2018, as it has been planned for years.

In an interview with Time magazine last week, Saudi Crown Prince Mohammed bin Salman—the proponent of the Saudi economic overhaul to diversify from oil—for the first time linked oil prices with the Aramco IPO.

Asked about the delayed listing, the Crown Prince said:


“We do not delay it. We said we will be ready to IPO around 2018. And we are ready. We did all the laws. We did all the steps that are making us ready to IPO it. Now it’s a matter of choosing the right time. So we believe oil prices will get higher in this year and also get higher in 2019, so we are trying to pick the right time. But we are ready to IPO it now if the time is right.”
Related: Russia Wants To Drop Dollar For Oil Payments

Saudi Energy Minister Khalid al-Falih has also recently signaled that the Kingdom would rather overtighten the market instead of leaving the job of erasing the glut undone.

In February al-Falih said that “If we have to err on over-balancing the market a little bit, so be it.”

According to Bloomberg’s sources, however, the Saudi ambitions for oil at $80 is not shared by all OPEC members, because some of them are worried—privately—that the Saudis are targeting too high an oil price that could further boost U.S. shale production.

By Tsvetana Paraskova for Oilprice.com

Uncle Dow J green..tomorrow dunno up or down hy

GE pre rally.. Market bullish..1.25..1.35..1.45??

Rm8/10?

Change to petronm c's & hengyuan c's @orange88

Tomorrow down/up

Biar lambat asal selamat

Gud Luck all..profit for seller..gain for buyer..happy trading..

Hot until mid night..tiger show tomorrow start at 9.00 a.m..

Tikam bawah or Tikam oppening???

Confuse forum here.. Tomorrow up or down.. Up just watch..down can buy..

Calvintaneng tomorrow still can buy or watch 1st?

Just asking..tomorrow can que buy @ 0.75? Or below than that? Need advise from expert here..

Just asking..tomorrow RM10/RM7?

Tomorrow rm10/rm7??

Change to petronm c's & hengyuan c's @orange88

Please don't fighting.. Push back to $18..

KKY hero.. Swap all shares.

Market crash!!! Erm..

New logo?

Tomorrow hsi c1x down or up @ orange88?

Hope new name 2 Aprill will bring new fortune...
Next week 1.35...1.45....1.55... Or going to cave 1.05 @ orange88?

Hukum Dunia

All c's turn to toilet paper

Game over

Drop possible for tomorrow and friday.. Up impossible..

Erm..can't sleep dude..black dog year..

Target buying 35sen below

Still dream 1.35...1.45..1.55..2.00... Hope next week the big player come in..full fledge Islamic banking automatic change to shariah counter or remain as conventional counter?

Small player pull down the price?

Wow
Orange88 HSI H4A and or HSI H2Z..gain

Crying like baby

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Maybe continue drop 1sen?

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Islamic banks driving Malaysian banking sector growth — RAM
TheEdge Tue, Mar 27, 2018 - 1 hour ago


KUALA LUMPUR (March 27): Islamic financing, which recorded a healthy 10.3% growth in 2017 and was substantially ahead of conventional banks’ 1.7% growth during the same period, now account for 71% of increase in the banking system's financing in 2017, according to RAM Rating Services Bhd.

“Our analysis shows that Islamic financing has overtaken conventional loans as the growth driver for the domestic banking system in recent years. Islamic financing accounted for 71% of the increase in the banking system’s financing in 2017, as several major players’ Islamic First strategy gained further traction,” said RAM's co-head of financial institution ratings, Wong Yin Ching, in a statement today.

RAM expects the strong growth momentum for Islamic financing to continue in 2018 — with expansion coming in at the mid- to high teens, premised on improving consumer sentiment and steady business optimism.

“Our growth target also factors in Malaysia Building Society Bhd’s Islamic financing portfolio (through Asian Finance Bank Bhd), which will augment the Islamic banking system’s financing by some 7%,” RAM said.

Islamic banks’ asset quality has continued to be resilient, with a healthy gross impaired financing (GIF) ratio of 1.2% as at end-January 2018, and an annualised credit-cost ratio of 19 basis points (bps) in 2017, the statement added.

"Islamic banks’ GIF coverage had strengthened to 108% as at end-January 2018 (end-December 2017: 89%), due to the incremental impairment provisions arising from the implementation of MFRS 9 in 2018, as banks with December financial year-ends have already adopted this standard. The first-day capital impact was negligible; Islamic banks common equity tier-1 capital ratio remained unchanged m-o-m at a sturdy 12.5% as at end-January 2018," RAM noted.

Meanwhile, Islamic banks’ deposits expanded at a commendable 14.2% year-on-year (y-o-y) in 2017 (2016: +3.8%), largely due to stronger corporate earnings and a major player’s shift in priority to focus on deposit mobilisation, instead of investment accounts (IAs).

However, there will be some degree of margin compression going forward, as banks continue to compete for retail and SME deposits in the lead-up to the net stable funding ratio requirement. "This, coupled with our anticipation of an uptick in credit costs, underpins our softer earnings outlook for Islamic banks this year," said RAM’s co-head of financial institution ratings, Sophia Lee.

RAM also updated that Bank Negara Malaysia has, in its latest move to steer players towards sustainable intermediation, introduced the value-based intermediation (VBI) principles in a strategy paper released in July 2017 that was subsequently finalised in March 2018, to deliver the intended outcomes of shariah without compromising the financial returns to shareholders and their long-term interests.

“At present, nine Islamic banks have committed to adopting the VBI principles in their business strategies, with each bank determining its own timeline,” RAM added in its statement.

Nice

Ok orange88, tomorrow will q buy hsi c1x @ 0.38-0.43....hsi h4a @ 0.46-0.50....hsi h2z @0.32-0.36??