Bank Negara to adopt MYOR-i as mandatory Islamic benchmark rate from July 2027

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KUALA LUMPUR: Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape. Read full story

Date: 13 October, 2025 8:01 pm
Source: thestar.com.my

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