khalil@mfpc.org.my

The Level of Customer Orientation Behaviour in Financial Planners in Malaysia

Customer orientation behaviour’ refers to an employee’s tendency or predisposition to meet a customer’s needs during service encounters, and has become a prime variable of interest for organizations to promote their products or services nowadays. In the financial planning industry in particular, customer orientation behaviour was conceptualised as a behavioural construct of financial planners in …

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Covid-19, Financial Literacy & Investment Strategies

Global Pandemic and the Importance of Investment Literacy For almost a year, Malaysia and many other countries all over the world have been battling the Covid-19 pandemic. Whilst the earliest case in the country was reported at the beginning of the year, the number of cases spiked in March, which forced the government to implement …

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What is Personal Financial Engineering?

Personal Financial Engineering (PFE) refers to the use of mathematical and statistical techniques to solve financial problems systematically, as defined by Investopedia. This article explains the concept on PFE using 2 case studies for easy understanding.The article also discusses the advantages and benefits gained in the medium to long terms if we have applied the …

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Monetary Operations Islamic Money Market Operations

Unique to Malaysia, the settlement of large-value payments within the Islamic banking sector is conducted via a separate system of Islamic current accounts maintained at Bank Negara Malaysia. This separation ensures a clear segregation of funds between conventional and Islamic banking at the settlement level to ensure compliance from the Shariah perspective. Nonetheless, liquidity in …

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FINANCIAL INCLUSION OF MALAYSIANS THROUGH DIGITAL FINANCIAL BANK (DFB)

Since 2000, we have seen the development our financial services industry over 20 years. New technologies have been introduced with the combination of IT capabilities and deregulation of internet services by the Central Bank of Malaysia (BNM). Now, we can see most of Malaysians using internet and mobile banking facilities for daily transaction. A report …

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Islamic Investing 2.0: The Way Forward

Traditional Islamic-compliant mutual funds have served Muslim investors well in the four decades since the first was launched in Malaysia. By fostering partnership in shared risk and reward (musharaka), and by allowing investors to diversify their assets while avoiding haram activities — typically alcohol, tobacco, gaming, financial services, pork processing, and pornography — these original funds pioneered …

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Impact of Fintech on Financial Industry (Part 3)

Fintech positive affected in traditional bank business model in ecosystem. Meanwhile Fintech evolutions significant positive affected the business development process in Malaysia. Although, there was growth trend of the e-money for last 10 years and increment on mobile account subscriptions but there was still slow on Fintech adoption in banking sector. Besides that, banking sector …

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Impact of Fintech on Financial Industry (Part 2)

In this new era of 2021, technology has become the most significant tools in our live. Financial Technology (Fintech) has played an important role for the region, country and globalization in financial market. Fintech referred to technology tools enabled to access financial services and products that provided multiple financial services with rapid and efficiency across …

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Impact of Fintech on Financial Industry (Part 1)

Digital payment as popular Fintech platform nowadays and the worldwide demand for e commerce in this connection has increased more than ever. Research showed that consumers seek for a faster, cost and time effective technology for their day to day personal financial transactions and digital payment was considered an effective supplement to this need. Eventually, …

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Comprehensive Financial Plan: Financial or Non-financial Consideration?

While financial consideration is the key aspect in financial plan especially during the computation, non-financial aspect always being neglected consider by many practitioner. In fact, one of the factors that lead to fail in providing a comprehensive financial plan is due to unable to take consideration of non-financial aspect. Thus, in the recent round table …

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