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Financial Consumer Alerts
  08 July 2010
Monetary Policy Statement
At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to raise the Overnight Policy Rate (OPR) by 25 basis points to 2.75 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2.50 percent and 3.00 percent respectively.
   
  30 June 2010
Resolutions of Shariah Advisory Council Bank Negara Malaysia
Shariah Advisory Council (SAC) of Bank Negara Malaysia in its 95th meeting held on 28 January 2010 had decided that ta’widh (compensation) may be imposed on late payment of financial obligation arising from exchange contracts (such as buy and sell and hire purchase) and qard (loan).
   
  11 May 2010
Govt to issue RM3bil sukuk
PETALING JAYA: Malaysians will have another vehicle for savings and investment as the Government will be issuing RM3bil worth of Sukuk 1Malaysia 2010 on June 21.
   
   
 
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