Bank Islam 1H profit up 15% to RM323.8m

Bank Islam managing director Datuk Seri Zukri Samat said the performance was due to robust growth strategies mapped out in the bank's

KUALA LUMPUR: Bank Islam Malaysia Bhd’s profit before zakat and tax rose 15% on-year to RM323.8mil in the six months ended June 30, 2013, underpinned by an overall improvement in business activities across the bank.

It said on Wednesday total net income rose 10.6% on-year to RM712.5mil, which was boosted by double-digit growth in fund-based income which rose 20.8% on-year. Contribution from non-fund based income grew 8.8% on-year.