BOARD DUTIES IN MALAYSIAN BANKING A comparison of conventional, Islamic and Co-Operative banks Introduction Malaysia’s dual banking system presents a nuanced legal landscape for board members, particularly when distinguishing between conventional banks, Islamic banks[1] and the increasingly relevant Shariah-compliant or Islamic Co-Operative (Co-Op) banks[2] [3]. While all directors owe fiduciary duties to their institutions, the…
FROM CONCEPT TO SCREEN What Every Aspiring Producer in Malaysia Should Know Before the Director Calls ‘Action!’ Introduction In the media and entertainment sector, a motion picture, television series or digital project is a commercial enterprise long before it becomes a creative output. For aspiring and established producers alike, artistic vision alone is insufficient; success…
The DE Rantau Nomad Pass by Malaysia is an excellent choice for digital nomads, remote workers, and location-independent professionals. Here’s why it should be on your radar: 1. Long Stay Duration (Up to 2 Years) Unlike many short-term digital nomad visas (e.g., 6-12 months in other countries),Malaysia’s DE Rantau pass allows stays of up to…
1. Introduction The Long-Term Social Visit Pass (LTSVP) is a specific immigration pass issued by the Department of Immigration Malaysia. Unlike a standard tourist visa, which is for short-term leisure visits, the LTSVP is designed for eligible foreigners who wish to reside in Malaysia for an extended period due to family ties or specific social…
In a bold and precedent-reaffirming decision on 17 June 2025 for the case of Ooi Mei Chien v. Osram Opto Semiconductors Sdn Bhd, the Federal Court of Malaysia ordered the reinstatement of a former senior executive, rejecting the notion that monetary compensation should be the default remedy even for high-ranking roles. The case made waves…
Malaysia’s PR system is strict with approvals; granted on a case-by-case basis by the Immigration Department. There is no automatic right to PR, even after many years in Malaysia. However, certain pathways increase your chances. 1. Eligibility Pathways for Malaysian PR A. Long-Term Residents (5+ Years on a Valid Pass) Must have lived in Malaysia…
In Malaysia’s varied social landscape, Non-Profit Organizations (NPOs) are key figures of kindness, assistance, and influential transformation, playing a major role in different areas such as education, healthcare, environmental protection, and social services. These NPOs represent a concerted drive towards promoting inclusion, lasting sustainability, and comprehensive growth in communities, with a special emphasis on improving…
In today’s digital world, partnerships between brands and influencers are everywhere. From skincare routines to travel adventures, influencers bring products to life in ways that feel authentic and relatable. But, to make these partnerships successful, a good foundation is essential – and that’s where an Ambassadorship or Influencer Agreement comes in. Whether you’re a brand…
In recent times, NGOs have come under scrutiny due to instances of misuse for money laundering, lack of transparency, and other governance issues that risk damaging their reputation and eroding public trust. Ensuring robust governance practices is vital to safeguard the credibility and effectiveness of NGOs, allowing them to fulfill their missions and serve their…
Q: What is Islamic finance? A: Islamic finance refers to a financial system that operates in accordance with Islamic principles and Shariah law. It prohibits the charging or payment of interest (riba) and promotes ethical and responsible financial practices. Islamic finance offers alternative mechanisms such as profit-sharing (Mudarabah), asset-based financing (Murabahah), partnership (Musharakah), and leasing…
