Technology

Hong Leong Islamic Bank Survey: 65% Malaysian Muslims Always Choose Shariah-Compliant Banking and Investment Products

Published

1 month ago

August 15, 2024

The survey also found that 47% of Malaysian Muslims are currently investing

KUALA LUMPUR, Malaysia, Aug. 15, 2024 /PRNewswire/ — 65% of Malaysian Muslims will exclusively choose banking and investment products that are Shariah-compliant, according to a survey conducted by Hong Leong Islamic Bank (“HLISB” or the “Bank”).

The survey was conducted among 690 Malaysian Muslims aged between 18 – 77 years old, most of whom recorded a median monthly household income of below RM10,000.

The Bank also discovered that 47% of Malaysian Muslims claim to be currently investing, wherein the top three products are Amanah Saham Nasional Berhad (ASB) funds, Tabung Haji savings and gold commodities, closely followed by Malaysian stocks and high income savings accounts. While there is the perception among respondents that Islamic investment products generate lower benefits, HLISB strives to ensure that its Shariah-compliant solutions are designed to be competitive against its conventional counterparts, providing customers who choose Islamic banking products with market-standard benefits and returns.

According to Dafinah Ahmed Hilmi, CEO of Hong Leong Islamic Bank, the survey results present an opportunity for the Bank to leverage on a growing market in offering a comprehensive wealth management approach aligned with Islamic wealth principles.

“Muslims make up around 63.5% of the population in Malaysia, and according to our survey, 65% exclusively choose Islamic banking products, reflecting the strong demand for banking and investment solutions that are Shariah-compliant. In Islamic banking, investments are not just about growing your personal wealth. It serves as a vital component within the Islamic wealth management ecosystem, an end-to-end framework that addresses the creation, accumulation, distribution, preservation, and purification of wealth. Built on Islamic values and Shariah principles, this comprehensive approach actively promotes altruism and social responsibility, ensuring risks and profits are shared between those who are in need and those who have excess.

The Bank is uniquely positioned as a financial intermediary to meet this demand with robust, innovative, and Shariah-compliant wealth management services, helping our customers tap into the Islamic investment space while ensuring their wealth is protected under an end-to-end Halal financial ecosystem. We want to be the ideal platform for Malaysians to start, grow, and diversify their Shariah-compliant investment portfolios.”

The Bank’s survey also revealed that 77% of Malaysian Muslims do not have a documented financial plan, despite 84% of respondents claiming to have the desire to be wealthy. This highlights the importance of a comprehensive Islamic wealth management strategy in educating Muslim individuals to build a financial future that aligns cohesively with Islamic principles.

HLISB’s Head of Shariah, Akmal Solihi Mohd Yazid, highlighted the significance of Islamic wealth management, and how the Bank wants to help its customers utilize it to its full potential.

“In Islam, the acquisition, expenditure and preservation of wealth should be conducted properly and responsibly, adhering to Islamic principles. This has led to contemporary Muslim scholars creating a set of guidelines that ensures the entire wealth journey is in compliance with these Islamic rules. With a team of dedicated Shariah experts and a proven track record in Islamic finance, we ensure that our tailor-made wealth solutions meet these stringent Shariah guidelines while fulfilling the diversified needs of our customers.”

Customers can easily embark on their Shariah-compliant investment journeys with HLISB providing access to various award-winning Islamic funds that have generated impressive returns over the years, such as HL Dana Makmur and HL Dana Maa’rof which produced five-year annualised returns of 18.45% and 11.41% respectively, as of 30 June 2024. For those looking for shorter term investments with lower risk, HLISB’s Term Investment Account would be an alternative where customers can start investing with as low as RM500 for a 1, 3, 6, 9, or 12 month tenure.

In line with enhancing its Islamic wealth management advisory services, the Bank has also launched its wealth management podcast entitled “Market Matters with HLB”, equipping the public with insights and knowledge regarding investments and HLB’s wealth management solutions. Upcoming episodes include a deep dive into Islamic wealth management with HLB’s brand ambassadors Lisa Surihani and Alif Satar.

To watch all episodes of the “Market Matters with HLB” podcast series, please visit:
https://www.youtube.com/playlist?list=PLBEP-o-W5SRYfIU0VClXRtM9G2_cjPbUb

For more information on HLISB’s wealth management solutions, please visit:
https://www.hlisb.com.my/en/personal-i/manage-my-wealth.html

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SOURCE Hong Leong Islamic Bank

Technology

Uploadcare Unveils New File Uploading Widget, Uploadcare File Uploader v1

Published

56 mins ago

September 24, 2024

Uploadcare’s Latest Innovation Offers Developers a Seamless, Secure and Scalable Solution for Integrating File Uploads Into Any Project

BOSTON, Sept. 24, 2024 /PRNewswire-PRWeb/ — Today, Uploadcare, a leading file management platform and content delivery network, announced the launch of Uploadcare File Uploader v1. Designed to meet the needs of developers building websites and SaaS applications with modern web tools, the file uploading widget provides an efficient and reliable way to integrate scalable and secure file uploads into any project.

“At Uploadcare, we understand that developers need a turnkey file-uploading solution to focus on what matters most: building great products,” said Igor Debatur, CEO of Uploadcare.

Uploadcare File Uploader sets itself apart with a range of key benefits to streamline the development process and enhance the end-user experience:

Easy Integration & Hassle-Free Maintenance: Quickly integrate into any tech stack with the plug-and-play solution that provides code snippets and instructions and ensures stable uploads without ongoing maintenance.Robust Security: Automatically detect inappropriate content and infected files, upholding regulatory compliance and brand integrity. Prevent unauthorized file uploads with signed uploads.Multiple Upload Sources: Support file uploads from up to 14 sources, including popular platforms like Google Drive, Dropbox, Instagram, and more.Built-in Image Editor: Empower users to edit images before upload, including options like cropping, resizing and applying filters.Advanced Accessibility: Maximize customer reach by adopting the interface with out-of-the-box A11Y accessibility options.

“At Uploadcare, we understand that developers need a turnkey file-uploading solution to focus on what matters most: building great products,” said Igor Debatur, CEO of Uploadcare. “Our new file uploader not only speeds up time-to-market but also eliminates the headaches associated with maintaining and securing file uploads, allowing developers to concentrate on their core product.”

To learn more about the latest features of the Uploadcare File Uploader, register for a live webinar on Oct. 10 at 11 a.m. EDT / 5 p.m. CET. Attendees can view a live demonstration, have their questions answered and will automatically be entered in a raffle for a Keychron Q3 Max mechanical keyboard.

For an Uploadcare File Uploader 14-day free trial, visit uploadcare.com/uploader1. To learn about Uploadcare’s offerings, visit uploadcare.com.

About Uploadcare

Uploadcare is a leading file management platform and content delivery network, enabling developers around the world to upload, manage, process, render, optimize and deliver digital content for applications and websites via a powerful suite of APIs. The developer-oriented platform was founded in 2011 by tech enthusiasts experienced in web development and image processing that encountered problems with uploading and file management, who decided to create an all-in-one solution that worked at scale. 13 years later, Uploadcare has grown rapidly, garnering clients like PandaDoc, Buffer, UserTesting, Zapier and more. To learn more about Uploadcare, visit uploadcare.com.

Media Contact

Lilly Carrion, Uploadcare, 1 9546008860, lilly@palmerpublic.com, https://uploadcare.com/

View original content to download multimedia:https://www.prweb.com/releases/uploadcare-unveils-new-file-uploading-widget-uploadcare-file-uploader-v1-302257216.html

SOURCE Uploadcare

Technology

Washington Tech Workforce Coalition Forms to Meet the Need for Diverse, Highly Skilled Candidates for In-Demand Tech Jobs

Published

56 mins ago

September 24, 2024

Industry leaders, educators and community organizations invited to join this important initiative

SEATTLE, Sept. 24, 2024 /PRNewswire/ — The Washington Tech Workforce Coalition (WTWC) proudly announces its launch, marking a significant step toward addressing the growing demand for technology roles across multiple industries. The Coalition will hold its first convening on Oct. 29, 2024 from 2-7pm at the AWS Skills Center in Seattle.

The Coalition focuses on creating opportunities for underserved and underrepresented populations while fostering a collaborative space where industry leaders, educators, training partners, community partners, and government agencies work together to meet workforce demands and facilitate job placements. The Coalition’s new website, watechcoalition.org, is the hub of this network where partners can join the Coalition, sign up for committees, read updates, find best practices and track outcomes.

Vision
The Washington Tech Workforce Coalition envisions an enduring ecosystem designed to bridge workforce gaps and advance workers’ skills in Cybersecurity, Data Analytics, IT & Cloud Computing, and Software Development.

Key responsibilities include:

Developing a talent pipeline responsive to industry needs.Closing the skills gap by creating technical and professional skills development programs.Connecting high-quality candidates with internships and full-time jobs to meet employer needs.Building relationships and credibility with workforce system stakeholders.

The Coalition is supported by industry experts AWS and Accenture, led by Computing for All, in collaboration with the Washington Technology Industry Association (WTIA), and committed employers throughout Washington State. These members form the core of the Industry Advisory Committee.

Coalition Partners
The Washington Tech Workforce Coalition includes a network of fourteen placement providers and subrecipients that will help launch 1,000 careers in technology roles by October 2025.

Placement Providers will offer various services, including community and employer engagement, candidate training, support, and job placement. Placement Providers include Ada Developers Academy, CodeDay, Per Scholas, PNW Cyber Challenge Games, Riipen and North Seattle College, Saint Martin’s University (Washington Vets2Tech), and Year Up.

These placement providers join the Coalition’s subrecipients (below) involved in strategic efforts to develop outreach and alignment with underserved communities, education, and employers. Subrecipients include Career Connect Southwest STEM Regional Network, Center of Excellence for Information & Computing Technology (COEICT), Evergreen Goodwill, King Pierce Regional Network / Washington Alliance for Better Schools (WABS), North Central Regional Network, Seattle Jobs Initiative (SJI), and Washington Technology Industry Association (WTIA).

Collectively, these grant partners build and expand training programs and job placement pipelines across the state.

Structure
Initial funding for the Coalition is from the US Department of Commerce Good Jobs Challenge grant. Implementation is through the Washington Jobs Initiative managed by Washington Student Achievement Council (WSAC). Computing for All, a 501(c)(3) technology education nonprofit organization manages the Coalition, building alignment among community, education, and industry partners to align training and job opportunities while uniting and lifting our local economies.  
The launch of the Coalition underscores all the members’ dedication to leveraging resources, applying best practices, and fostering a shared vision for talent development in technology.

For more information on the Coalition and to learn how to get involved, visit watechcoalition.org.

CONTACT: press@watechcoalition.org

View original content:https://www.prnewswire.com/news-releases/washington-tech-workforce-coalition-forms-to-meet-the-need-for-diverse-highly-skilled-candidates-for-in-demand-tech-jobs-302257526.html

SOURCE Computing for All

Technology

WCG Improves Clinical Trial Adjudication with Enhanced AIMS Solution

Published

56 mins ago

September 24, 2024

PRINCETON, N.J., Sept. 24, 2024 /PRNewswire/ — WCG, the global leader in providing solutions that measurably improve and accelerate clinical research, is excited to announce the latest advancement in the WCG ClinSphere™ platform with the addition of an interactive adjudication model in its Adjudication Information Management System (AIMS®) solution. Specifically designed to simplify and streamline the adjudication process for clinical trials, AIMS improves efficiency, compliance, and data accuracy.

The new interactive adjudication model feature allows adjudication committee members to review all relevant clinical data for a subject within a single interactive screen, making review of lengthy subject data listings a thing of the past. Initially developed for use for adjudication within complex multiple myeloma trials, this application is now optimized for use across any therapeutic area and trial design. It is poised to become the new industry standard for clinical trial adjudication, addressing the growing complexity and volume of trials requiring expert adjudication.

“We are thrilled to offer a solution that not only improves operational efficiency but also ensures accuracy and compliance for clinical trial adjudication,” said Mark McDonald, president, Review Solutions at WCG. “AIMS empowers clinical teams to navigate the adjudication process with ease, allowing for faster decision-making and better trial outcomes.”

Key Features of the Enhancements to WCG’s AIMS Solution:

Interactive Data Review (IDR): A new user interface providing an interactive and intuitive view of clinical trial data across a subject, including automatic data change flags, resulting in increased clarity for adjudicators.

Multi-Record Per Case Adjudication: Review multiple records or data points simultaneously to streamline decision-making and reduce human error.

Real-Time Reporting and Insights: Access real-time reports, ensuring up-to-date adjudication oversight and informed decision-making.

21 CFR Part 11 Compliance: Ensure regulatory compliance with a comprehensive audit trail and built-in validation.

Built-In DICOM Imaging Viewer & Redaction Tools: Facilitate secure and efficient review of medical images and sensitive trial data.

“We recognize the unique challenges sponsors face to meet the adjudication needs of increasingly complex clinical trials,” added McDonald. “AIMS enhances not only the quality of adjudication but also the satisfaction of all stakeholders involved in the trial process.”

To learn more about AIMS, visit https://www.wcgclinical.com/technologies/aims/.

About WCG

WCG is a global leader of solutions that measurably improve and accelerate clinical research. Biopharmaceutical and medical device companies, contract research organizations (CROs), research institutions, and sites partner with us for our unmatched expertise, data intelligence, and purpose-built technology to make informed decisions and optimize study outcomes, while maintaining the highest standards of human participant protection. WCG raises the bar by pioneering new concepts, reimagining processes, fostering compliance and safety, and empowering those who perform clinical trials to accelerate the delivery of medical therapies and devices that improve lives. For more information, please visit wcgclinical.com or follow us on LinkedIn or X @WCGClinical.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wcg-improves-clinical-trial-adjudication-with-enhanced-aims-solution-302257525.html

SOURCE WCG