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KUALA LUMPUR: Bank Islam Malaysia Bhd aims to grow its mobile banking customer base from the current 900,000 users to two million by 2019. This is following the bank’s strategic collaboration with US-based global business and technology consulting firm Cognizant to develop financial technology (fintech) products within Bank Islam’s network.
PUTRAJAYA: A clerk has failed to convince the Court of Appeal to compel the National Registration Department (NRD) to remove the word ‘Islam’ from her identity card (IC).
PETALING JAYA: To own its unlisted banking unit Bank Islam Malaysia Bhd in its entirety, BIMB Holdings Bhd may have to fork out RM2.7bil for the remaining 49% stake it does not already own.
Shares of BIMB Holdings Bhd rose on Thursday afternoon on news it was still keen to buy Dubai Financial Group LLC’s (DFG) 30% stake in Bank Islam Malaysia Bhd.
BIMB Holdings Bhd is undertaking a corporate exercise, which could be up to RM6.7bil, including a RM2.81bil to RM2.96bil acquisition of the remaining 49% stake in Bank Islam.
KUALA LUMPUR: The misleading interpretations of Islam as a cruel religion have sparked a fear of Islam in Malaysia, says Tun Dr Mahathir Mohamad.
KUALA LUMPUR: Although much has been said about the position of Islam in the country, Datuk Seri Najib Tun Razak said the Barisan Nasional (BN) government remains committed to supporting the religion in line with the Federal Constitution.
PETALING JAYA: Sisters In Islam (SIS) has criticised Tan Sri Annuar Musa for suggesting that racism based on Islam was acceptable.