Lessons learnt and not learnt from the Asian Financial Crisis

Exactly 25 years ago last month, East Asia went through its worst financial crisis. Several countries, particularly Malaysia, Thailand, Indonesia, South Korea and the Philippines, were hit. What began as a speculative attack on the ...

Don’t Mess with Monetary Policy

The decision by Monetary Policy Committee (MPC) on July 6 to increase the overnight policy rate (OPR) by 25 basis points, which is the second this year after the increase in the previous MPC meeting ...

MALAYSIA’S OPR HIKES AND INFLATION

Bank Negara Malaysia (Malaysia’s Central Bank) has increased the policy rate twice in succession this year by 25 basis points in May 2022 and another 25 basis points in July 2022, which brings the policy ...

Hijrah From Lip Service To Accountable Actions

As we graduate from IR4.0 towards Society 5.0, one needs to pause and ponder, why are we still talking about the same old same old? For the uninitiated, Society 5.0 is defined as a human-centred ...

Purification of EPF Conventional Dividends?

First of all, a loud and clear disclaimer, I am NO Shariah Scholar, I am an applied researcher in Islamic finance. My views here are personal and do not represent the official views of any ...

The trilemma of Affordable Housing; Governments Vision, Developers Offering and ...

Whenever affordable housing is mentioned, it seems that it is indeed a National Agenda. It looks like we want to find a permanent and sustainable solution; reality check, we are far away from the solution. ...

Reflections

Islamic banking is built on the tenets of financial inclusiveness, fair and justice. In the Malaysian context, it has been further strengthened with the Value Based Intermediation (VBI) framework, which is supposedly distinct from conventional ...

Shariah compliance status and value of analysts’ recommendation revisions: evidence ...

“We find that analysts’ recommendation revisions that are not directly related to earnings announcements lead to stronger price reactions. This finding implies that analysts’ private research embodies more valuable information than earnings announcements. Therefore, asset ...

Reset and Reform

Malaysia remains an upper-middle-income nation. It seems our gross domestic product (GDP) per capita is stagnating despite our overall GDP increasing. It means growth is generated mainly from population growth rather than an improvement in ...