Zukri: Islamic banking sector ripe for M&As

Zukri: ‘I hope to see the creation of mega Islamic banks that can potentially become regional champions particularly under the Asean Banking Integration Framework.’

PETALING JAYA: There are too many Islamic banks in the country which means that this segment of the local financial sector is ripe for merger and acquisition (M&A) activities, according to outgoing Bank Islam managing director Datuk Seri Zukri Samat.

Zukri is also advocating direct listings of such banks.

Subscribe now for a chance to win your dream holiday!

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , bank islam


Next In Business News

Axis-REIT quarterly performance improves
DPS in Melaka agro-tourism joint venture
Uzma secures RM19mil oil and gas contract
‘Multi-year upcycle set in motion’
Banks not main beneficiaries of data centre boom
Glove sector still facing tough environment
Monetary policy likely to be unchanged
Grab acquires restaurant reservation platform Chope
JCorp profit up 9% to RM2.4bil on higher revenue
Bursa Malaysia likely to post robust 2Q net profit

Others Also Read