KUALA LUMPUR: Bank Muamalat Malaysia Bhd’s (Bank Muamalat) profit before zakat and taxation (PBZT) has surged 46.8 per cent to RM256.6 million for the financial year ended Dec 31, 2021 (FY2021), from RM174.8 million in FY2020.
President and chief executive officer Khairul Kamarudin said that the stellar performance registered in FY2021 was largely driven by increased total income, strong financing growth and improved asset quality.
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