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KUALA LUMPUR: Bank Islam Malaysia Bhd is aiming to increase financing activities for infrastructure projects as it seeks to boost corporate business contribution from the current 24% to 30% of its revenue.
KUALA LUMPUR: Bank Islam Brunei Darussalam Bhd has picked Malaysia as the destination for a planned initial public offering that could raise as much as US$500mil, according to people familiar with the matter.
KUALA LUMPUR: Muslims should review their approach on Islam, especially from the moderation aspect to combat extremist ideologies, said Tun Dr Mahathir Mohamad.
KUALA LUMPUR: Bank Islam Malaysia Bhd, which is still aiming to be a mega Islamic bank in the country, is keeping its merger and acquisition (M&A) options open to candidates that can complement its strengths in consumer banking.
PUTRAJAYA: A former clinic assistant and her four sons has lost their bid to compel the National Registration department (NRD) to change their names and remove the word "Islam" from their identity cards.
KUALA LUMPUR: Bank Islam Malaysia Bhd aims to achieve an investment funds growth of RM800 million this year, driven by the launch of its enhanced Al-Awfar product, which includes new features and attractive offers for customers.
KUALA LUMPUR: Bank Islam Malaysia Bhd has introduced a mobile application (app) called SnapNPay, for users to contribute to Sadaqa House, a social finance initiative that was launched by the bank early this year.
KUALA LUMPUR: BIMB Holdings Bhd (BHB) has appointed veteran banker Mohd Muazzam Mohamed as chief executive officer of both BHB and its unit Bank Islam Malaysia Bhd, with immediate effect.