The NEW FTSE4GOOD Bursa Malaysia Shariah Index

Bursa Malaysia Berhad and FTSE Russell, a leading global index provider, on 5 July 2021 launched the FTSE4Good Bursa Malaysia Shariah (“F4GBMS”) index.

This new Environmental, Social and Governance (“ESG”) themed index is designed to track constituents in the FTSE4Good Bursa Malaysia Index (“F4GBM”) that are Shariah-compliant, according to the Securities Commission Malaysia Shariah Advisory Council (SAC) screening methodology.

How many are inside the index now?

A Complete Guide to Apply Car Loan Moratorium of Public Bank

In conjunction with our previous blog post on loan moratorium being offered by various banks, this is the complete guide of moratorium application for hire purchase of Public Bank.

When you landed on the website of Public Bank, these 3 persons will warm you with their smiles, indicating that they are here to help you during this difficult period. Hahaha. Just click the "More Info" button.

Should I apply for 6-month moratorium begins 7 July 2021 (today)?

In line with the announcement of the Pakej Perlindungan Rakyat dan Pemulihan Ekonomi (PEMULIH), individual and microenterprise borrowers, as well as SMEs affected by the pandemic, we may start applying for the six-month moratorium from 7 July 2021 onwards.

In this regard, borrowers - whether individuals, microenterprises, or SMEs - should be assured that opting in for the moratorium or any other repayment packages will be easy with no need for borrowers to provide supporting documentation. Approval will be given automatically.

In addition to the moratorium, banks will also offer a reduction in installments and other packages, including rescheduling and restructuring financing to suit the specific financial circumstances of borrowers.

How to apply?

This guy turned his obstacles into a social learning platform for all Malaysians ~ Fin2u Academy

Are you learning now? Who do you learn from? Where does learning take place? Basically, learning is a life-long process that takes place from the first day we were born into this world. We keep on learning to adapt to different life stages. The current fast-changing job market requires different skills, thus, the demand of re-skill/up-skill to stay relevant. The next question is: “Is there a marketplace for online learning?”

Yes. There is. However, most of the platforms out there are either for their own use only, or from overseas. Of course, some people would go to free sites such as YouTube to learn as well.

Alex Yeoh, an engineer turned financial planner, has been giving financial talks in various universities and corporations for the past 8 years, and wanted to digitalise his contents 2 years ago. Embarking into this digital transformation journey is an uphill task for him because he doesn’t know about web building, web design, automation, payment gateway integration, membership system, video hosting, and digital marketing.

“It's difficult for me to find any localised online courses which can guide me through from A to Z and with the knowledge/skills which I can apply straight away here in Malaysia. Luckily, I found my co-founders who shared the same vision and they come with a skillset which complements each other,” said Alex Yeoh, the CEO of Fin2u Academy.

What is Fin2u Academy?

'Night Trading' to be offered by Bursa Malaysia Derivatives

Bursa Malaysia Derivatives Berhad (“Bursa Malaysia Derivatives”) will be launching an after-hours (“T+1”) trading session (“Night Trading”) by the fourth quarter of 2021, to enhance the attractiveness of the Malaysian derivatives market to traders around the world.

Available for most Bursa Malaysia Derivatives products, Night Trading is a significant development that aligns the Exchange with global market practices. It sets to enhance price discovery of Bursa Malaysia Derivatives’ offerings given the substantial growth in derivatives market participation since 2019.

Last year, the total number of contracts traded registered a 35% growth, increasing to 18.2 million contracts from 13.5 million contracts in 2019, with foreign participants contributing 46% of the total trading volume.