Waqf can complement fiscal policy gap: Economist
KUALA LUMPUR: Waqf, a charitable endowment in the form of funds or properties, has the potential to ease the federal government’s fiscal deficit burden and can act as an instrument to reduce the country’s spending and gradually minimise funding gaps. It could also complement fiscal policy as waqf helps to alleviate the financial burden among […]
WQ-FF aggregate funds at RM46.7 mln as at December 2022
KUALA LUMPUR: The Waqf-Featured Funds (WQ-FF) has raised aggregate funds totalling RM46.7 million as of December 2022, according to the Securities Commission (SC). Chairman Datuk Seri Awang Adek Hussin said although the amount might be a little small, it was undoubtedly a clear sign that the WQ-FF is moving in the right direction. He added […]
SC’s new guidance note clarifies ‘Regulated activity in investment advice’
KUALA LUMPUR: The new Guidance Note on Provision of Investment Advice issued by the Securities Commission Malaysia (SC) recently would better clarify what may constitute indulging in regulated activity of investment advice, said Minority Shareholders Watch Group (MSWG). MSWG chief executive officer Devanesan Evanson said amongst others that the SC was more likely to consider […]
SC, Bursa revise market management measures
KUALA LUMPUR: The Securities Commission (SC) and Bursa Malaysia Bhd will revise temporarily the existing market management and control mechanisms to provide added stability and confidence in the marketplace. The revisions to the circuit breakers as well as static and dynamic price limits would be applicable for a six-month period from July 20, 2020 to […]
