Hong Leong to bank on Islamic ops


Hong Leong Bank Bhd expects its Islamic banking operations to chalk up a higher contribution to the group's total earnings for the year ending June 30, 2003, in view of the rising demand for its syariah-based products.  

Its general manager (Islamic banking division) Ismail Aminuddin said Islamic banking currently accounted for more than 11% of Hong Leong Bank group's total pre-tax profit. He did not elaborate on the quantum of increase expected. 

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