Affin plans unit for Islamic banking


AFFIN Bank Bhd plans to establish a subsidiary as a centralised entity to focus solely on Islamic banking operations, said president and chief executive officer Datuk Abdul Hamidy Abdul Hafiz. 

He said the group was still finalising some details of the unit's set-up. “We will probably be able to get some indications by early next year,” Hamidy said when met after the bank's zakat contribution to welfare organisations and schools in Kuala Lumpur yesterday. 

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