Malaysia to Adopt MYOR-i: A New Era for Islamic Finance by 2027
Bank Negara Malaysia (BNM) has announced that the Malaysia Islamic Overnight Rate (MYOR-i) will become the main Islamic benchmark rate starting 1 July 2027. This move marks a major milestone in Malaysia’s journey to strengthen Shariah-compliant finance and ensure greater transparency and fairness in the Islamic banking system. What Is MYOR-i? The MYOR-i (Malaysia Islamic […]