US$6.4 trillion market lures Maybank Islamic to go global


Maybank Islamic CEO Datuk Mohamed Rafique Merican(pic) said when Maybank Islamic HouzKEY was launched in January this year for properties up to RM1mil, the bank had then made plans to expand the RTO solutions to include houses within the affordable price range..

KUALA LUMPUR: Malaysia’s biggest Islamic bank is setting up its first overseas branch to meet the demand for financing in the US$6.4 trillion global halal economy.

Maybank Islamic Bhd expects to get regulatory approvals to set up its Dubai branch in the first half of next year, chief executive officer Rafique Merican said in an interview in Kuala Lumpur.

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Business , Maybank , Islamic , Dubai , branch , global , Rafique Merican ,

   

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