MBSB priority to become full-fledged Islamic bank in 5 years

Zaini (left) and chief financial officer Tang Yow Sai at a press conference after the AGM.

KUALA LUMPUR: The priority for Malaysia Building Society Bhd (MBSB) in the near term is to continue to close its gap in becoming a full-fledged Islamic bank – something it aspires to achieve in the next five years.

The move from being a non-conventional bank to an Islamic bank is to prepare itself for any potential corporate exercise.