KUALA LUMPUR (Sept 25): With the introduction of value-based intermediation (VBI) by Bank Negara
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Association of Islamic Banking Institutions Malaysia (AIBIM) was established in 1996 as the Association of Interest Free
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Banking. Enforcement Action Against Illegal Money Services Business Operators in Kedah and Perlis. On 7 March 2019, Bank Negara
Malaysia (BNM) charged four individuals at the Alor Setar and Kangar Sessions Courts for conducting money changing activities without a license under section 7(1) of Money Services Business Act 2011 (MSBA), which is an offence under section 4(1) of MSBA. Personal
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